Komori
Maruken Lease (9763) · RiskAdvanced

Dependence on the Domestic Construction Market

First written in FY2016. 4 of 8 entries say "Restated". Latest entry: 2026-09-30.

8entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2022AdvancedFY2025 – 2026-09-302016: 120162017: 120172018: 120182019: 020192020: 120202021: 020212022: 120222023: 020232024: 020242025: 120252026: 22026
Same theme, other companies

The whole theme swung hardest in 2020: 8 of 9 companies on the "Worse" side.

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

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.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-30AdvancedM&A and Subsidiary Changes

    「Under our current medium-term management plan, “Building Together: Creating Future Infrastructure Cities,” the Group is strengthening its domestic earnings base, accelerating overseas expansion, developing high-value-added new products, and pursuing management focused on improving capital efficiency, with the aim of enhancing corporate value over the medium to long term.」

    The Company specified an M&A-based expansion of construction capabilities in the foundation-construction field as a measure to strengthen its domestic earnings base.
  2. FY2026AdvancedAnnual report

    「In addition, by promoting the rollout of the "Tough Series," including large-scale road decking panels that improve efficiency in on-site work, as a new product, as well as design using BIM and CIM, the Group expanded the range of value it provides to customers.」

    As responses to dependence on the domestic construction market, it specifies measures to expand customer value and revenue sources, including the Tough Series, BIM and CIM-based design, M&A, and overseas expansion.
  3. FY2025AdvancedAnnual report

    「To further strengthen earning power, the Company made 竹本基礎工事㈱ a subsidiary in February 2025 and is flexibly leveraging its technology, construction machinery, expertise, and construction methods.」

    As a response to the risk of dependence on the domestic construction market, it added the use of technology, machinery, and construction methods through the acquisition of 竹本基礎工事 as a subsidiary.
  4. FY2022RestatedAnnual report

    「The Group's principal customers are domestic construction companies, and because the Company is highly dependent on this construction market, the Group's operating results and financial position may be affected by future trends in the market.」

    Dependence on the domestic construction market continues to be identified as a key risk, with overseas expansion and new products and integrated materials-and-construction orders cited as countermeasures.
  5. FY2020RestatedAnnual report

    「To address this risk, in the domestic market the Group monitors demand trends by region and allocates human resources appropriately, secures earnings through the appropriate transfer and procurement of heavy temporary works steel materials (construction equipment) for construction foundation work, and seeks further expansion in Asian markets, including China and Myanmar, centered on タイ丸建㈱, which generates stable profits overseas.」

    The risk of dependence on the domestic construction market continues to be identified, with monitoring regional demand, allocating personnel, and expanding in Asia cited as countermeasures.
  6. FY2018RestatedAnnual report

    「The Group's principal customers are domestic construction companies, and because the Company is highly dependent on this construction market, the Group's operating results and financial position may be affected by future trends in the market.」

    Dependence on the domestic construction market continues to be identified as a key risk.
  7. FY2017RestatedAnnual report

    「The Group's principal customers are domestic construction companies, and because the Company is highly dependent on this construction market, the Group's operating results and financial position may be affected by future trends in the market.」

    Dependence on the domestic construction market continues to be identified as a key risk.
  8. FY2016First statedAnnual report

    「The Group's principal customers are domestic construction companies, and because the Company is highly dependent on this construction market, the Group's operating results and financial position may be affected by future trends in the market.」

    The concentration of its principal customers and business base in the domestic construction market is identified as a risk.
Moved together

"Medium-Term Management Plan: “Creating a New Growth Platform”" moved the same way as this thread, in the same document, in 3 of its 8 moves.

333222★123456
  1. ★This thread
  2. 1Medium-Term Management Plan: “Creating a New Growth Platform”3×
  3. 2Promoting New Strategic Investments3×
  4. 3Strengthening the Earnings Base of the Core Business3×
  5. 4Strengthening Orders for Heavy Temporary Construction Through the Shift from Materials to Full-Service Construction2×
  6. 5Strengthening Construction Orders Through the Establishment of Maruken Tech Japan2×
  7. 6Project Progress and Lower Margins on Large Projects in the Heavy Temporary Construction Business2×

★ 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
Maruken Lease's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the M&A and Subsidiary Changes of 2026-09-30: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.