Weak demand for infrastructure, earthquake resilience, disaster prevention and maintenance
First written in FY2017-Q1. 10 of 31 entries say "Softened", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「Demand for infrastructure development, including expressways, dams and bridges, continued to perform steadily.」
While orders for large infrastructure maintenance projects had been described as weak through the previous fiscal year, overall demand for infrastructure development was described as continuing to perform steadily. However, weak orders for large projects in the specialized construction business were also noted. - FY2025RestatedAnnual report
「Demand for infrastructure development, including expressways, dams and bridges, remained at typical levels, but」
Demand for infrastructure development was described as being at typical levels, while the industry's unstable conditions due to labor shortages and rising raw material costs were also noted. - FY2025-H1MitigatedAnnual report
「(Specialized construction business) Orders for large construction projects contributed to revenue of ¥787 million, up 17.4% year on year, and operating income of ¥12 million, compared with an operating loss of ¥6 million in the same period of the previous year.」
Orders were received for large infrastructure construction projects that had been sluggish through the previous fiscal year, resulting in higher revenue for the specialized construction business and a shift in operating results from a loss in the same period of the previous year to a profit. - FY2024Infrastructure demand at typical levels, but weak maintenance ordersAnnual report
「Orders for infrastructure maintenance work, including expressways, bridges and dams, remained sluggish, resulting in revenue of ¥1,650 million, down 8.8% from the previous consolidated fiscal year.」
Although demand for infrastructure development was described as being at typical levels, maintenance orders in the specialized construction business were weak, resulting in lower revenue and lower profit. - FY2024-Q3WorsenedAnnual report
「Orders for large construction projects related to infrastructure development, including maintenance of dams, expressways and bridges, remained sluggish, resulting in revenue of ¥1,127 million, down 14.1% year on year.」
Weak orders for large infrastructure construction projects continued, and the specialized construction business recorded a 14.1% year-on-year decline in revenue. - FY2024-Q2WorsenedAnnual report
「Orders for large construction projects remained sluggish, resulting in revenue of ¥671 million, down 22.7% year on year, and an operating loss of ¥6 million, compared with operating income of ¥48 million in the same period of the previous year.」
The description changed from recovery and strong performance in large infrastructure projects through the previous quarter to weak orders for large construction projects, lower revenue and an operating loss. - FY2023-Q3Large infrastructure projects performing well alongside weak small-scale local construction workAnnual report
「Orders for infrastructure-related work, including maintenance of dams, expressways and bridges, progressed steadily, although small-scale local construction work remained sluggish.」
Orders related to the maintenance of dams, expressways and bridges were described as progressing steadily, while small-scale local construction work remained sluggish, indicating a divergence in infrastructure demand. - FY2022-Q3SoftenedAnnual report
「The cutting-tools and specialized construction businesses performed well, supported by active infrastructure development involving dams, expressways and bridges.」
Compared with the previous concern over weak public and infrastructure demand, the report stated that infrastructure development involving dams, expressways and bridges was progressing actively and that related businesses were performing well. - FY2022-Q2SoftenedAnnual report
「Supported by proactive public investment, infrastructure development, including dams, expressways and bridges, progressed actively and performed well. Meanwhile, the factory-facilities and IT-related businesses, which are affected by private-sector capital investment, struggled, also due to the impact of the spread of COVID-19.」
Infrastructure development involving dams, expressways and bridges, supported by public investment, was described as performing well. Meanwhile, the factory-facilities and IT-related businesses, which are affected by private-sector capital investment, struggled, indicating a divergence in demand between the public and private sectors. - FY2022-Q1RestatedAnnual report
「Revenue from large projects related to the maintenance of expressways and dams remained at approximately the previous year's level,」
The report stated that revenue from large infrastructure maintenance projects remained at approximately the previous year's level. - FY2021RestatedAnnual report
「Although some public investment projects were postponed or cancelled, public investment remained firm. However, private-sector investment related to construction and factory facilities was postponed or cancelled under the impact of the COVID-19 pandemic, and difficult conditions continued.」
The divergence in demand was described again: public investment remained firm, while private-sector construction and factory-facility investment continued to be postponed or cancelled. - FY2021-Q3Public investment remains firm, but no recovery in private-sector capital investment is in sightAnnual report
「Meanwhile, in the civil engineering and construction industry, to which our group primarily belongs, public investment, including infrastructure development for dams, expressways and bridges, remained firm. However, private-sector capital investment was in a difficult situation, with no recovery in sight.」
Public investment was described as firm, while private-sector capital investment was described as being in a difficult situation with no recovery in sight, indicating a divergence in the demand environment. - FY2021-Q2WorsenedAnnual report
「The civil engineering and construction industry, to which our group primarily belongs, was also heavily affected. Although public infrastructure development, including dams, expressways and bridges, continued, project delays and cancellations were observed, leaving the industry facing many challenges.」
In addition to the previous suspensions and postponements of work, the report cited delays and cancellations of public infrastructure projects, making the impact on demand and project progress more specific. - FY2021-Q1MaterialisedAnnual report
「In the civil engineering and construction industry, although infrastructure development and maintenance work continued, some projects began to be suspended or postponed to prevent the spread of infection.」
Compared with the previous concerns regarding infrastructure development and maintenance demand, the report stated that work was actually suspended or postponed to prevent the spread of infection. - FY2020SoftenedAnnual report
「In the civil engineering and construction industry, to which our group primarily belongs, maintenance of infrastructure, including dams, expressways and bridges, progressed steadily despite some uncertain factors.」
Compared with the previous concerns regarding public investment and infrastructure demand, the report stated that infrastructure maintenance progressed steadily. - FY2020-Q3SoftenedAnnual report
「Meanwhile, in the civil engineering and construction industry, to which our group primarily belongs, infrastructure development, including dams, expressways and bridges, progressed steadily.」
The description changed from concerns over infrastructure development in the Tokyo metropolitan area having largely run its course and delays in new public infrastructure becoming operational to infrastructure development, including dams, expressways and bridges, progressing steadily. - FY2020-Q2WorsenedAnnual report
「Infrastructure development in the Tokyo metropolitan area for the Tokyo 2020 Olympic and Paralympic Games had largely run its course, and new public infrastructure projects, including dams, expressways and bridges, were not expected to become fully operational for some time.」
Compared with the previous quarter's description of firm public investment, the report indicated that infrastructure development in the Tokyo metropolitan area had largely run its course and that new public infrastructure projects were delayed, making the weakness in the demand environment more specific. - FY2020-Q1SoftenedAnnual report
「In the civil engineering and construction industry, public investment remained firm, while private-sector capital investment continued to perform steadily, despite some concern about downside risk.」
The description changed from weakening public investment to public investment remaining firm and private-sector capital investment performing steadily. However, concern about downside risk in private-sector capital investment was also noted. - FY2019-Q3RestatedAnnual report
「The civil engineering and construction industry, to which the Group primarily belongs, has remained stagnant due to weak public investment and chronic labor shortages.」
Public investment was described as weakening and the civil engineering and construction industry as remaining stalled. - FY2019-Q2WorsenedAnnual report
「The civil engineering and construction industry, to which the Group primarily belongs, appears to face many challenges, as infrastructure development in the Tokyo metropolitan area toward the Tokyo Olympics and Paralympics appears to have largely run its course and labor shortages have also expanded.」
Compared with the description through the previous quarter of recovering and steady demand, infrastructure development in the Tokyo metropolitan area had largely run its course, while related orders in the cutting-tools business were described as weak. - FY2019-Q1SoftenedAnnual report
「In the civil engineering and construction industry, public investment remained firm, while private-sector capital investment also continued to perform steadily.」
The description improved from weak demand for public works and infrastructure-related projects to public investment remaining firm and private-sector capital investment performing steadily. - FY2018WorsenedAnnual report
「School seismic-resistance work had also largely run its course nationwide, and infrastructure development and other projects appeared to have paused during the first half of the fiscal year.」
While the third quarter indicated a recovery trend in public works and other projects, the full-year description noted that school seismic-resistance work had largely run its course and that infrastructure development had paused during the first half of the fiscal year. - FY2018-Q3SoftenedAnnual report
「The industry emerged from the sluggish period through the second quarter for public works and other projects and began to recover in the third quarter, despite labor shortages.」
Public works and other projects emerged from the sluggish conditions through the second quarter and entered a recovery trend in the third quarter. However, labor shortages continued. - FY2018-Q2Regional disparity: growth in the Tokyo metropolitan area and weakness in regional areasAnnual report
「Although infrastructure development in the Tokyo metropolitan area toward the Tokyo Olympics and other projects was on an upward trend, a disparity with regional areas outside the metropolitan area was evident, and conditions remained somewhat sluggish amid labor shortages.」
Demand for infrastructure development was described as trending higher in the Tokyo metropolitan area, while disparities with regional areas remained, leaving the industry as a whole somewhat sluggish. - FY2018-Q1WorsenedAnnual report
「Demand for various types of work, including seismic-resistance, disaster-prevention and maintenance projects, appears to have lagged behind overall economic activity.」
Against the expectation at the end of the previous fiscal year that infrastructure redevelopment and private-sector capital investment would gain momentum, the current quarter described demand for related work as lagging the overall economic recovery. - FY2017SoftenedAnnual report
「The redevelopment of infrastructure, mainly for seismic resistance and disaster prevention, and private-sector capital investment are expected to continue gaining momentum.」
The description changed from weak and slowing demand to an expectation that infrastructure redevelopment and private-sector capital investment would gain momentum. - FY2017-Q3SoftenedAnnual report
「Although infrastructure maintenance work and seismic-resistance work on buildings showed some signs of slowing, orders for building demolition and other projects using construction methods jointly developed with major general contractors expanded.」
Infrastructure and seismic-resistance work was described as showing "some signs of slowing" rather than being persistently weak, while new demand emerged from large projects such as building demolitions, somewhat softening the description of weak demand. - FY2017-Q2RestatedAnnual report
「In the civil engineering and construction industry, to which our group primarily belongs, public works have been on a declining trend, while maintenance work on infrastructure and seismic retrofitting of public facilities also remained sluggish due to labor shortages and soaring construction-material prices.」
Weak demand for infrastructure maintenance work and seismic-resistance work on public facilities has continued. - FY2017-Q1First statedAnnual report
「Demand for various types of work, including seismic-resistance, disaster-prevention and maintenance projects, remained somewhat sluggish in line with overall economic conditions.」
Weak demand in the company's main customer markets was cited as the actual situation.