Bad Debt Risk in the Construction Industry
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026.
Maruken Lease moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 5 of 19 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The number of corporate bankruptcies nationwide in fiscal 2025 has continued to trend upward since fiscal 2022 and could affect the operating results and financial position of our group.」
The upward trend in corporate bankruptcies nationwide continues to be described as a credit risk, including in the construction industry. - FY2025RestatedAnnual report
「The number of corporate bankruptcies nationwide in fiscal 2024 has continued to trend upward since fiscal 2022 and could affect the operating results and financial position of our group.」
The continued upward trend in corporate bankruptcies nationwide is identified as a risk to the credit environment, including in the construction industry. - FY2024WorsenedAnnual report
「The number of corporate bankruptcies nationwide in fiscal 2023 increased from the previous fiscal year and could affect the operating results and financial position of our group.」
The increase in corporate bankruptcies nationwide, including in the construction industry, is newly stated, describing a deterioration in the external environment for bad-debt risk. - FY2022WorsenedAnnual report
「The construction industry, particularly local mid-sized construction companies and authorized dealers, is in a situation where its bad-debt risk is high compared with other industries. In addition, the deterioration in business conditions caused by the spread of COVID-19 since 2020 has led to a trend toward more corporate bankruptcies, increasing this risk.」
The explanation that the construction industry's bad-debt risk increased because of deteriorating business conditions caused by the spread of COVID-19 and the trend toward more corporate bankruptcies continues. - FY2020WorsenedAnnual report
「The construction industry, particularly local mid-sized construction companies and authorized dealers, is in a situation where its bad-debt risk is high compared with other industries. In addition, the deterioration in business conditions caused by the spread of coronavirus infections since 2020 has led to a trend toward more corporate bankruptcies, increasing this risk.」
It explicitly states that the construction industry's bad-debt risk increased as deteriorating business conditions associated with the spread of coronavirus infections led to a trend toward more corporate bankruptcies. - FY2018RestatedAnnual report
「However, the construction industry is in a situation where its bad-debt risk is high compared with other industries.」
The continued high bad-debt risk in the construction industry is described. - FY2017RestatedAnnual report
「However, the construction industry is in a situation where its bad-debt risk is high compared with other industries.」
The continued high bad-debt risk in the construction industry is described. - FY2016First statedAnnual report
「However, the construction industry remains in a situation where its bad-debt risk is high compared with other industries.」
Although credit conditions in the construction industry are improving, its higher bad-debt risk compared with other industries continues.