Labor shortages and long working hours in on-site industries
First written in FY2023. 7 of 8 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 1 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「While solid construction demand is expected in the construction industry, which is our group’s primary target, the industry is required to address increasingly severe labor shortages, higher material prices and regulations including limits on overtime work.」
The construction industry continues to face labor shortages, higher material prices and limits on overtime work. - 2026-05-15RestatedEarnings
「Although solid construction demand is expected in the construction industry, companies must address worsening labor shortages, rising material prices, and the upper limits on overtime work, among other issues.」
The company reiterated labor shortages, rising material prices, and overtime work regulations as business-environment factors in the construction industry. - FY2025RestatedAnnual report
「Labor shortages are becoming more severe as the working-age population declines. In addition, long working hours have become commonplace compared with other industries. For example, according to the Ministry of Health, Labour and Welfare’s “Monthly Labour Survey: Final Report for Fiscal 2025,” construction industry employees worked approximately 296 more hours annually than the average for all industries.」
The company continues to identify labor shortages and long working hours caused by the declining working-age population as customer challenges. The construction industry’s gap versus the all-industry average has been updated to approximately 296 hours annually. - FY2025-H1RestatedAnnual report
「Against a backdrop of work-style changes and increasingly severe labor shortages, interest in improving operational efficiency is rising further, and companies are increasing their willingness to invest in digital services, particularly AI-based services, to enhance and streamline operations.」
The company states that interest in operational efficiency and willingness to invest in digital services, particularly AI-based services, are increasing against a backdrop of severe labor shortages. - FY2024RestatedAnnual report
「Industries with frontline operations, such as construction, which our group targets, face increasingly severe labor shortages due to the declining working-age population and are required to respond to government-led amendments to labor regulations and work-style reforms.」
Labor shortages and the need to improve productivity in industries with frontline operations continue to be described as business-environment factors and customer challenges. - FY2024-H1RestatedAnnual report
「Against this backdrop, companies continue to show strong interest in initiatives to address labor shortages and improve productivity, and their willingness to invest in digital services remains firm.」
Companies’ interest in addressing labor shortages and improving productivity, together with their willingness to invest in digital services, continues to be described as a robust business environment. - FY2024-Q1RestatedAnnual report
「Companies’ willingness to invest in digital services remains strong, driven by government-led work-style reforms and efforts to improve productivity to address labor shortages.」
Productivity improvements to address labor shortages continue to be cited as a backdrop to corporate investment in digital services. - FY2023First statedAnnual report
「Labor shortages are becoming more severe as the working-age population declines. In addition, long working hours have become commonplace compared with other industries. For example, according to the Ministry of Health, Labour and Welfare’s “Monthly Labour Survey: Final Report for Fiscal 2022,” construction industry employees worked approximately 328 more hours annually than the average for all industries.」
The company’s customer industries face labor shortages caused by a declining working-age population and long working hours. Construction employees work approximately 328 more hours annually than the all-industry average.