Subcontractor Management and Rising Construction Material Costs
First written in FY2023. 7 of 13 entries say "Worsened", first in FY2024. Latest entry: 2026-09-01.
Columbia Works moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 9 of 23 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2025WorsenedAnnual report
「We work to contain cost increases and construction delays by improving the accuracy of estimates, securing multiple candidate construction companies and optimizing schedules and specifications. However, if construction costs increase or delays occur despite these measures, our group’s results and financial condition could be affected through lower profitability of development projects and delayed delivery.」
The construction cost and delay risk was classified as medium likelihood and high impact, with estimate accuracy, multiple contractors and schedule and specification optimization identified as responses. - FY2024WorsenedAnnual report
「Construction costs have remained high due to rising construction material prices and increases in labor costs resulting from the Act on the Arrangement of Related Laws to Promote Work Style Reform, which has been implemented progressively since April 2019. Managing construction costs and schedules during construction is an important issue.」
Construction costs remain high because of higher material prices, shortages of construction engineers and higher labor costs. - FY2023First statedAnnual report
「If an outsourced contractor experiences financial difficulties or construction delays, or if construction costs increase due to higher prices for construction materials, delays and higher cost of sales could occur in our group’s real estate development services.」
Shortages or financial difficulties among outsourced contractors, construction delays and higher material prices could delay development or increase costs.