Deferral of capital investment; supply and demand risks for skilled construction workers and construction materials
First written in FY2017-Q1. 20 of 32 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1RestatedAnnual report
「At the same time, conditions requiring close monitoring of trends in material prices and labor costs, among other factors, continue.」
The company continues to express concern over, and monitor, trends in material prices, labor costs and other factors. - FY2026RestatedAnnual report
「In the event that construction costs rise substantially due to shortages of labor, materials and energy or sharp price increases resulting from rapid changes in domestic and overseas economic conditions, this may affect business performance and other factors.」
The company continues to address the risk of higher construction costs caused by shortages of labor, materials and energy and rising prices through centralized purchasing, overseas procurement and provisions for changes to contract prices. - FY2026-H1SoftenedAnnual report
「At the same time, conditions requiring close monitoring of trends in material prices and labor costs, among other factors, continue.」
The wording has shifted from the previous fiscal year’s statement regarding higher construction costs due to shortages of labor, materials and energy and sharp price increases to a statement that trends in material prices, labor costs and other factors would be monitored. - FY2025ReframedAnnual report
「In the event that construction costs rise substantially due to shortages of labor, materials and energy or sharp price increases resulting from rapid changes in domestic and overseas economic conditions, this may affect business performance and other factors.」
The previous concerns over material prices and labor costs have been reorganized as the risk of higher construction costs resulting from shortages of labor, materials and energy and sharp price increases. - FY2025-H1WorsenedAnnual report
「Meanwhile, the situation remains one in which trends in material prices, labor costs and other factors require continued monitoring.」
In addition to the previous focus on trends in material prices and other factors, labor costs are now explicitly identified, broadening the scope of concerns related to construction costs. - FY2024-Q3RestatedAnnual report
「Meanwhile, the situation remains one in which the trends in material prices and other factors require monitoring.」
The company continues to recognize the need to monitor trends in material prices and other factors. - FY2024-Q2RestatedAnnual report
「Meanwhile, the situation remains one in which the trends in material prices and other factors require monitoring.」
The company continues to recognize the need to monitor trends in material prices and other factors. - FY2024-Q1SoftenedAnnual report
「Meanwhile, the situation remains one in which the trends in material prices and other factors require continued monitoring.」
The wording has changed from the previous fiscal year’s statement that the impact of soaring material prices and other factors was continuing to a statement that their trends would be monitored, weakening the description of the risk. - FY2023MitigatedAnnual report
「The Group is implementing measures including cost reductions through centralized purchasing and overseas procurement, as well as including provisions for changes to contract prices based on fluctuations in prices and wages in the terms of contracts entered into with customers.」
The disclosure describes specific measures to address the risk of higher labor costs and material prices, including centralized purchasing, overseas procurement and provisions for changes to contract prices. - FY2023-Q3RestatedAnnual report
「Meanwhile, the impact of soaring material prices and other factors has continued, and the situation remains one that requires continued monitoring.」
The company reconfirms its view that soaring material prices and other factors, and their impact, have continued and that continued monitoring is necessary. - FY2023-Q2RestatedAnnual report
「Meanwhile, the impact of soaring material prices and other factors has continued, and the situation remains one that requires continued monitoring.」
The company states that soaring material prices and other factors, and their impact, have continued and that continued monitoring is necessary. - FY2023-Q1WorsenedAnnual report
「The situation remained one in which it was necessary to monitor the impact of soaring material prices and other factors.」
In relation to the previous concerns over rising material prices and construction costs, the disclosure explicitly states that soaring material prices and other factors have continued. - FY2022-Q3WorsenedAnnual report
「The competitive environment remained challenging, including as a result of continued increases in the prices of some materials.」
The disclosure identifies rising construction material prices as a specific change in the operating environment related to the previous concerns over material supply and demand and costs. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2021WorsenedAnnual report
「If the company is unable to secure the required number of technical employees, it may be forced to scale back the size of its business, which may affect business performance and other factors. In the construction industry, the number of skilled workers has been trending downward, and the inability to secure the necessary labor or an increase in labor procurement costs may also affect business performance and other factors.」
In addition to the previous risks related to the decline in skilled workers and supply and demand, the disclosure specifically identifies insufficient recruitment of technical employees, difficulty securing the necessary labor and higher labor procurement costs as risks. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2019WorsenedAnnual report
「If a sharp increase in labor costs and material prices causes construction costs to rise substantially, this may affect business performance and other factors.」
In addition to the previous concerns over the supply and demand for skilled workers and materials, the disclosure explicitly identifies sharp increases in labor costs and material prices and the resulting increase in construction costs. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the first three quarters, and there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the existing risks, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2018ReframedAnnual report
「In the construction industry, both government and private-sector construction investment are expected to remain firm for the time being, but over the longer term, new construction investment is expected to decline. In addition, as the number of skilled construction workers continues to fall, work-style reform, productivity improvement and human-resource development are challenges for the construction industry as a whole.」
In addition to the previous concerns over the supply and demand for skilled workers and materials, the disclosure explicitly identifies the continued decline in skilled construction workers and the long-term contraction in new construction investment as structural issues. - FY2018-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the previously identified concerns, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2018-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no material changes in the previously identified concerns, including deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The risks related to deferred capital investment and the supply and demand for skilled construction workers and construction materials identified in the previous fiscal year are treated as having undergone no material changes. - FY2017ReframedAnnual report
「In the construction industry, as major projects move into full-scale execution, continued attention is required regarding supply and demand trends for skilled construction workers and construction materials, while action is also needed to improve productivity through work-style reform.」
While continuing to note concerns over the supply and demand for skilled construction workers and construction materials, the disclosure newly links these concerns to the full-scale commencement of large-scale projects and the need to improve productivity through work-style reform. - FY2017-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no material changes in the previously disclosed risks related to deferred capital investment and the supply and demand for skilled construction workers and construction materials. - FY2017-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The company states that there have been no material changes in the risks related to deferred capital investment and the supply and demand for skilled construction workers and construction materials identified in the previous fiscal year. - FY2017-Q1First statedAnnual report
「The operating environment remains a matter of concern, including the deferral of capital investment due to lower corporate earnings and trends in the supply and demand for skilled construction workers and construction materials.」
The company continues to identify deferred capital investment and the supply and demand for skilled workers and construction materials as matters of concern.