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IDEA Consultants (9768) · RiskRestated

Uncertainty over the Scale and Duration of Public Budgets for Reconstruction, Disaster Prevention and Related Areas, and Competition for Contracts

First written in FY2016. 13 of 18 entries say "Restated". Latest entry: FY2026-H1.

18entries
10years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q2RestatedFY2021-Q3 – FY2026-H12017: 420172018: 320182019: 220192020: 220202021: 220212022: 120222023: 120232024: 220242025: 020252026: 12026
Same theme, other companies
Risk of Declining Demand for Construction Consulting Due to Cuts in Public WorksA theme 5 companies write about · 6 as a headwind · 0 as a tailwind

3 other companies' latest entry also says "Restated".

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. FY2026-H1RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no material changes in the matters described in this semiannual report concerning the status of operations, financial position and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    Stated that there had been no material change in the business and other risks, including the scale and duration of public budgets for reconstruction and disaster preparedness and competition for orders.
  2. FY2024-H1RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no material changes in the matters described in this semiannual report concerning the status of operations, financial position and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    Stated that there had been no material change in the business and other risks, including uncertainty over the scale and duration of public budgets and competition for orders.
  3. FY2023Update to the time horizon for the order environmentAnnual report

    「Going forward, government budgets are expected to be allocated on a priority basis to recovery and reconstruction following a succession of large-scale natural disasters, disaster preparedness and mitigation, strengthening national infrastructure, and measures to address aging infrastructure. However, amid continued intense competition for orders, the order environment from 2024 onward is expected to remain unpredictable.」

    Updated the outlook for the order environment to cover 2024 onward and stated that public budgets would be allocated on a priority basis while intense competition for orders continued.
  4. FY2022Update to the time horizon for the order environmentAnnual report

    「Although government budgets are expected to remain focused for some time on recovery and reconstruction following the Great East Japan Earthquake and a succession of major natural disasters, disaster prevention and mitigation, strengthening national resilience and measures to address aging infrastructure, the order environment from 2023 onward is expected to remain unpredictable as intense competition for orders and other conditions continue.」

    The outlook for the order environment was updated to 2023 onward, and the disclosure states that priority allocation of public budgets and intense competition for orders are expected to continue.
  5. FY2021Update to the time horizon for the order environmentAnnual report

    「As intense competition for orders and other conditions continue alongside the impact of the spread of COVID-19, the order environment from 2022 onward is expected to remain unpredictable.」

    The disclosure changed the outlook from the previous reference to 2021 onward to state that intense competition for orders and the impact of infectious diseases are expected to continue in the order environment from 2022 onward.
  6. FY2021-Q3RestatedAnnual report

    「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no material changes in the risks related to the uncertainty over the scale and duration of public budgets and competition for orders.
  7. FY2020WorsenedAnnual report

    「Although government budgets are expected to remain focused for some time on disaster recovery and reconstruction projects, disaster prevention and mitigation, strengthening national resilience and measures to address aging infrastructure, the order environment from 2021 onward is expected to remain unpredictable as intense competition for orders and other conditions continue alongside the impact of the spread of COVID-19.」

    In addition to the previous risks concerning the uncertainty over the scale and duration of public budgets and competition for orders, the impact of COVID-19 and the order environment from 2021 onward were explicitly identified.
  8. FY2020-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no material changes in the risks related to the scale and duration of public budgets and competition for orders.
  9. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no material changes in the risks related to the scale and duration of public budgets for reconstruction and disaster prevention and competition for orders.
  10. FY2019-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no material changes in the risks related to the scale and duration of public budgets for reconstruction and disaster prevention and competition for orders.
  11. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no material changes in the risks related to the scale and duration of public budgets for reconstruction and disaster prevention and competition for orders.
  12. FY2018-Q3RestatedAnnual report

    「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    The comprehensive risk disclosure states that there have been no material changes in the uncertainty over the scale and duration of public budgets or in competition for orders.
  13. FY2018-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    The comprehensive risk disclosure states that there have been no material changes in the uncertainty over the scale and duration of public budgets or in competition for orders.
  14. FY2017RestatedAnnual report

    「Although government budgets are expected to remain focused for some time on reconstruction-related projects, disaster prevention and mitigation, strengthening national resilience and measures to address aging infrastructure, their scale and duration remain uncertain. With intense competition for orders and other conditions expected to continue, the order environment from 2018 onward is expected to remain unpredictable.」

    The uncertainty over the scale and duration of public budgets and competition for orders from 2018 onward continue to be identified as risks.
  15. FY2017-Q3RestatedAnnual report

    「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

    The comprehensive risk disclosure states that there have been no material changes in the uncertainty over the scale and duration of public budgets or in competition for orders.
  16. FY2017-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    The comprehensive risk disclosure states that there have been no material changes in the uncertainty over the scale and duration of public budgets or in competition for orders.
  17. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The comprehensive risk disclosure states that there have been no material changes in the uncertainty over the scale and duration of public budgets or in competition for orders.
  18. FY2016First statedAnnual report

    「Although government budgets are expected to remain focused for some time on reconstruction-related projects, disaster prevention and mitigation, strengthening national resilience and measures to address aging infrastructure, their scale and duration remain uncertain. With intense competition for orders and other conditions expected to continue, the order environment from 2018 onward is expected to remain unpredictable.」

    The scale and duration of public budgets supporting market strength, and competition for orders from 2018 onward, were identified as risks.
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