Delayed Recovery of the Thai Economy

「In the overseas business, challenging conditions continue owing to delayed economic recovery caused by sluggish consumption in Thailand and China, among other factors.」

「Some signs of recovery were also seen in the overseas businesses.」

「There were also signs of a partial recovery in the overseas business.」

「The overseas operating companies in Thailand and China showed signs of recovery.」

「Domestic operations remained generally firm, but the overseas operating companies in Thailand and China are taking time to recover their performance.」

「Domestic operations remained generally firm, but the overseas operating companies in Thailand and China are taking time to recover their performance.」

「タイ丸建㈱ Total current assets 1,498 2,030 Total non-current assets 4,111 3,519 Net sales 2,927 3,096 Pretax net income △26 △68 Net income △26 △68」

「Under these conditions, the overseas operating companies in Thailand and China experienced delayed earnings recovery, while domestic operations remained generally firm.」

「Under these conditions, the Group's performance remained generally firm in Japan, while the overseas operating companies in Thailand and China showed delays in their recovery.」

「During the consolidated fiscal year, the operating companies タイ丸建㈱ in Thailand and 瑞馬丸建(安徽)工程支護科技有限公司 in China were on a recovery trend from the COVID-19 pandemic but were affected by delays in construction progress.」

「Although the operating companies in Thailand and China are on a recovery trend from the COVID-19 pandemic, they continued to be affected by delays in construction progress and postponed project starts.」

「Although the overseas operating companies, タイ丸建㈱ in Thailand and 瑞馬丸建（安徽）工程支護科技有限公司 in China, were on a recovery trend from the COVID-19 pandemic, they continued to be affected by postponed construction starts and delays in construction progress, resulting in difficult profitability conditions.」

「Overseas, タイ丸建㈱ experienced delays in construction starts and progress as a result of stringent restrictions related to the COVID-19 pandemic.」

「タイ丸建㈱, in Thailand, was affected by lockdowns and other restrictions imposed due to the COVID-19 pandemic, resulting in delays in construction progress and the postponement of project starts.」

「Overseas, 瑞馬丸建（安徽）工程支護科技有限公司 in China performed smoothly, while タイ丸建㈱ in Thailand continued to face difficult conditions due to the COVID-19 pandemic.」

「Overseas, 瑞馬丸建（安徽）工程支護科技有限公司 in China performed smoothly, while タイ丸建㈱ in Thailand continued to face difficult conditions due to the COVID-19 pandemic.」

「Increase in equity-method investment income from タイ丸建㈱ in Thailand, where public infrastructure development is progressing, and 協友リース㈱, which handles large temporary steel structures」

「In Thailand, where large-scale projects, particularly public construction investment, have begun to move forward in earnest, タイ丸建㈱ responded by making additional purchases of heavy temporary steel materials.」

「In Thailand, where large-scale projects, particularly public construction investment, have begun to move forward in earnest, タイ丸建㈱ responded by making additional purchases of heavy temporary steel materials.」

「In Thailand, タイ丸建㈱ saw an increase in orders for large-scale projects, particularly public construction projects.」

「In Thailand, orders, particularly for public construction investment, also began to increase.」

「In Thailand, where economic recovery had been delayed through the previous fiscal year, orders, particularly for public construction investment, began to increase.」

「Overseas, the performance of タイ丸建株式会社 was affected by the delayed recovery of the Thai economy.」