Chronic Shortage of Skilled Construction Workers and Rising Labor Rates
First written in FY2017-Q1. 19 of 26 entries say "Restated". Latest entry: FY2027-H1.
Besterra moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 8 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Meanwhile, rising labor costs, high fuel and material prices, and chronic labor shortages continue to leave the situation uncertain.」
It reconfirms the previous recognition that chronic labor shortages have not been resolved, together with rising labor costs and high fuel and material prices. - FY2026-H1WorsenedAnnual report
「Meanwhile, issues including rising labor costs, persistently high fuel and material prices, and difficulty securing skilled workers continue, leaving the operating environment uncertain in some respects.」
In addition to rising labor costs and elevated material prices, it explicitly mentions difficulty securing skilled workers, broadening the specific wording of issues related to labor shortages. - FY2025RestatedAnnual report
「In addition, chronic labor shortages have not been resolved.」
It continues to recognize that chronic labor shortages have not been resolved. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, the Japanese economy saw progress toward living with COVID-19, a gradual return of vitality across the country, and signs of a recovery in economic activity. At the same time, irregular economic conditions since the outbreak of COVID-19 and chronic labor shortages continued.」
It reconfirms the recognition that irregular economic conditions since the outbreak of COVID-19 and chronic labor shortages continue. - FY2025-Q1RestatedAnnual report
「In addition to the irregular economic conditions since the outbreak of COVID-19, chronic labor shortages continue.」
It reconfirms the recognition that chronic labor shortages continue. - FY2024-Q3RestatedAnnual report
「In addition to the irregular economic conditions since the outbreak of COVID-19, chronic labor shortages continue.」
It reconfirms the recognition that chronic labor shortages continue. - FY2024-Q1RestatedAnnual report
「However, labor costs continue to rise and material prices remain elevated, with no sign of these trends stopping, and the situation remains one that allows no room for optimism.」
It continues to explain that labor costs show no sign of stopping their rise and that the challenging operating environment continues. - FY2023WorsenedAnnual report
「However, labor costs continue to rise and material prices remain elevated, with no sign of these trends stopping, and the situation remains one that allows no room for optimism.」
It states that, in addition to the previously cited labor shortages and rising labor costs, the trends of rising labor costs and elevated material prices have not stopped. - FY2021WorsenedAnnual report
「The challenging operating environment caused by chronic labor shortages and other factors continues.」
In addition to the previous references to labor shortages and difficulty recruiting, chronic labor shortages continue to be explicitly identified as a factor contributing to the challenging operating environment. - FY2020RestatedAnnual report
「Problems including rising labor costs and difficulty recruiting due to chronic labor shortages, as well as rising material prices, have become apparent,」
It reconfirms rising labor costs and difficulty recruiting due to labor shortages as ongoing risks for the construction industry. - FY2020-Q3RestatedAnnual report
「Labor costs driven up by labor shortages across all industries and rising construction material prices have continued this fiscal year, leaving no room for optimism.」
It reconfirms labor shortages across all industries and the resulting rise in labor costs as ongoing concerns for the construction industry. - FY2020-Q2RestatedAnnual report
「Labor costs driven up by labor shortages across all industries and rising construction material prices have continued this fiscal year, leaving no room for optimism.」
It reconfirms labor shortages across all industries and the resulting rise in labor costs as ongoing concerns. No specific figures are provided. - FY2020-Q1RestatedAnnual report
「Labor costs driven up by labor shortages across all industries and rising construction material prices have continued this fiscal year, leaving no room for optimism.」
It cites labor shortages across all industries and the resulting rise in labor costs as ongoing concerns for the construction industry. - FY2019RestatedAnnual report
「Labor costs driven up by labor shortages across all industries and rising construction material prices have continued this fiscal year, leaving no room for optimism.」
It reconfirms labor shortages across all industries and rising labor costs as ongoing concerns for the construction industry. - FY2019-Q3RestatedAnnual report
「Rising labor costs caused by a tight labor market」
It continues to cite tight labor market conditions and the resulting rise in labor costs as concerns for the construction industry. - FY2019-Q2RestatedAnnual report
「Rising labor costs caused by a tight labor market」
It continues to cite tight labor market conditions and the resulting rise in labor costs as concerns for the construction industry. - FY2019-Q1RestatedAnnual report
「Rising labor costs caused by a tight labor market」
It continues to cite tight labor market conditions and the resulting rise in labor costs as concerns for the construction industry. - FY2018WorsenedAnnual report
「Labor costs have risen against a backdrop of labor shortages across all industries, while construction material prices continue to trend higher, and the outlook is expected to remain challenging.」
In addition to the shortage of skilled construction workers and rising labor costs, it cites labor shortages across all industries and the challenging outlook. - FY2018-Q3RestatedAnnual report
「Although concerns such as rising labor costs due to the chronic shortage of skilled construction workers remain,」
The company continues to cite the chronic shortage of skilled construction workers and the resulting increase in labor rates as concerns. - FY2018-Q2RestatedAnnual report
「Although concerns such as rising labor costs due to the chronic shortage of skilled construction workers remain,」
The company continues to cite the chronic shortage of skilled construction workers and the resulting increase in labor rates as concerns. - FY2018-Q1RestatedAnnual report
「Although concerns such as rising labor costs due to the chronic shortage of skilled construction workers remain,」
The company continues to cite the chronic shortage of skilled construction workers and the resulting increase in labor rates as concerns. - FY2017WorsenedAnnual report
「Higher labor rates and difficulties in hiring resulting from a chronic shortage of skilled construction workers」
In addition to the previously cited labor shortages and rising labor costs, difficulty recruiting is explicitly mentioned, broadening the wording of risks related to skilled construction workers. - FY2017-Q2RestatedAnnual report
「Although concerns remain, including trends in government public investment and higher labor rates resulting from a chronic shortage of skilled construction workers」
The company continues to cite the chronic shortage of skilled construction workers and the resulting increase in labor rates as concerns. - FY2017-Q1First statedAnnual report
「Although concerns remain, including declining government public investment and higher labor rates resulting from a chronic shortage of skilled construction workers」
The chronic labor shortage and the resulting increase in labor rates are cited as concerns. No specific figures are provided.