Komori
Tokai Lease (9761) · RiskMaterialised

Dependence on order volumes and contract prices in the architecture and civil engineering industries

First written in FY2016. 16 of 25 entries say "Restated". Latest entry: FY2026.

25entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2019-Q2RestatedFY2021-Q3 – FY2022ReframedFY20232016: 320162017: 420172018: 420182019: 420192020: 320202021: 320212022: 220222023: 120232024: 020242025: 020252026: 12026
Same theme, other companies
Decline in demand due to fluctuations in public investment and industrial capital investmentA theme 42 companies write about · 35 as a headwind · 6 as a tailwind

Tokai Lease moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).

The whole theme swung hardest in 2024: 10 of 32 companies on the "Worse" side.

0 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 42 companies compared. The sentences above are computed from all 42.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「Revenue was ¥18,856 million, up 2.5% from the previous fiscal year, despite shortfalls against the plan in orders received and projects completed during the period for government-demand projects.」

    In connection with the risk that demand trends in the construction and petrochemical industries and other sectors may affect order volumes and contract prices, the company states that orders received and projects completed during the period for government-demand projects fell short of plan.
  2. FY2023ReframedAnnual report

    「The group's main customers are private-sector companies, including those in the construction and petrochemical industries, and government agencies. Trends in demand from these customers may affect the group's order intake in terms of both volume and pricing.」

    The description of the main customers and markets has changed from focusing on the architecture and civil engineering industries to including private-sector companies, such as those in the petrochemical industry, and government agencies. Dependence on order volumes and contract prices continues.
  3. FY2022RestatedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as some private-demand customers are taking a cautious approach to capital investment.」

    The company continues to identify a cautious approach to capital investment in private demand as a risk affecting the order environment.
  4. FY2022-Q3RestatedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as some private-demand customers are taking a cautious approach to capital investment.」

    The company continues to identify a cautious approach to capital investment in private demand as a risk affecting the order environment.
  5. FY2022-Q2RestatedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as some private-demand customers are taking a cautious approach to capital investment.」

    The company continues to identify a cautious approach to capital investment in private demand as a concern affecting the order environment.
  6. FY2022-Q1RestatedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as some private-demand customers are taking a cautious approach to capital investment.」

    The company continues to identify a cautious approach to capital investment in private demand as a concern affecting the order environment.
  7. FY2021-Q3RestatedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as some private-demand customers are taking a cautious approach to capital investment.」

    The company continues to identify a cautious approach to capital investment in private demand as a concern affecting the order environment.
  8. FY2021-Q2WorsenedAnnual report

    「In the temporary building leasing industry, the business environment remains difficult to predict, as capital investment in private demand is being restrained.」

    In addition to the existing labor shortage and spread of the novel coronavirus, the company explicitly identifies restrained capital investment in private demand as a concern affecting the order environment.
  9. FY2020WorsenedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the spread of the novel coronavirus is beginning to affect the progress of construction projects across the construction industry, leaving the business environment difficult to predict.」

    In addition to the existing dependence on orders from the architecture and civil engineering industries, the company states that the spread of the novel coronavirus is beginning to affect the progress of construction projects. Sales from government demand decreased 3.3% year on year.
  10. FY2020-Q3RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, leaving the business environment difficult to predict.」

    The company continues to identify the industry-wide labor shortage in the construction sector as a concern affecting the order environment.
  11. FY2020-Q2SoftenedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, leaving the business environment difficult to predict.」

    The company continues to mention the industry-wide labor shortage in the construction sector, but no longer refers to the decline in contract prices for projects ordered by government agencies and other projects, which had been mentioned through the previous quarter.
  12. FY2020-Q1RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, leaving the business environment difficult to predict.」

    The company continues to identify the industry-wide labor shortage in the construction sector as a concern affecting the order environment.
  13. FY2019WorsenedAnnual report

    「The main factor was that order competition intensified further in the private-demand market, causing sales from private demand to decrease 5.0% from the same period of the previous year.」

    In addition to the existing labor shortage and decline in contract prices, the company describes intensified order competition in the private-demand market and a decline in sales from private demand.
  14. FY2019-Q3WorsenedAnnual report

    「However, order competition intensified further in the private-demand market, and sales from private demand decreased 7.8% from the same quarter of the previous year.」

    In addition to the existing labor shortage and decline in contract prices in the construction industry, the company describes intensified order competition in the private-demand market and a 7.8% year-on-year decline in sales from private demand.
  15. FY2019-Q2RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify labor shortages in the construction industry and the downward trend in contract prices for projects ordered by government agencies and other projects as concerns affecting the order environment.
  16. FY2019-Q1RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify labor shortages in the construction industry and the downward trend in contract prices as concerns affecting the order environment.
  17. FY2018RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment. However, the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify labor shortages in the construction industry and the downward trend in contract prices as concerns affecting the order environment.
  18. FY2018-Q3RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by capital investment, but the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify labor shortages in the construction industry and the downward trend in contract prices for projects ordered by government agencies and other projects as concerns affecting the order environment.
  19. FY2018-Q2RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by firm capital investment, but the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify labor shortages in the construction industry and the downward trend in contract prices for projects ordered by government agencies and other projects as concerns affecting the order environment.
  20. FY2018-Q1RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by firm capital investment, but the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company continues to identify the order environment, marked by labor shortages and a continuing downward trend in contract prices, as a business concern.
  21. FY2017WorsenedAnnual report

    「For the next period, the economy is expected to continue a gradual recovery against a backdrop of improving employment and income conditions, but the business environment is expected to remain difficult to predict, including because of rising labor costs resulting from labor shortages.」

    In addition to the existing labor shortage and decline in contract prices, the company explicitly identifies rising labor costs resulting from labor shortages as a concern for the next period.
  22. FY2017-Q3RestatedAnnual report

    「The temporary building leasing industry has remained solid, supported in part by firm capital investment, but the shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company describes the continuing labor shortage in the construction industry and downward trend in contract prices as factors affecting the order environment.
  23. FY2017-Q2RestatedAnnual report

    「The shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company reiterates that labor shortages and the downward trend in contract prices in the construction industry are continuing.
  24. FY2017-Q1RestatedAnnual report

    「The shortage of workers across the construction industry continues, while contract prices, including those for projects ordered by government agencies, continue to trend downward, leaving the business environment difficult to predict.」

    The company has reconfirmed that labor shortages and trends in contract prices in the construction and civil engineering industries are affecting the order environment.
  25. FY2016First statedAnnual report

    「The group's main customers are in the architecture and civil engineering industries. Trends in these industries may affect the group's order intake in terms of both volume and pricing.」

    The company identifies as a risk the possibility that trends in its main customer industries may affect performance through order volumes and contract prices.
Moved together

"Economic uncertainty caused by a slowdown in emerging-market economies, including China" moved the same way as this thread, in the same document, in 5 of its 25 moves.

5442★1234
  1. ★This thread
  2. 1Economic uncertainty caused by a slowdown in emerging-market economies, including China5×
  3. 2Revenue decline and operating loss in the China segment4×
  4. 3Higher cost ratio due to declining contract prices4×
  5. 4Material risks, including disasters, improper business execution, and core system failures2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tokai Lease yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.