Increase in labor costs due to a shortage of skilled technicians
First written in FY2017-Q1. 16 of 28 entries say "Restated". Latest entry: 2026-04-01.
Taiyo Kisokogyo moved to the "Worse" side of this theme in 2020, 3 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".
- FY2026-H1RestatedAnnual report
「However, the environment surrounding the industry remains challenging, due to factors including soaring construction material prices and labor costs, shortages of construction workers, and regulations on overtime work.」
It describes shortages of construction workers and soaring labor costs as ongoing industry challenges, alongside overtime regulations and soaring construction material prices. - FY2025WorsenedAnnual report
「As the construction industry's structural labor challenges, namely shortages and aging of the skilled construction workforce, become chronic, construction costs continue to rise significantly due to higher labor costs and soaring construction material prices … substantial increases in starting salaries amid a seller's market for recruitment, widening wage gaps with major companies」
Regarding labor shortages and an aging workforce, it broadens the scope of the impacts covered to include labor costs, starting salaries, wage gaps, securing personnel, and preventing employee turnover. - FY2025-Q1ReframedAnnual report
「However, the company also faces many challenges, including persistently high construction material prices, a chronic shortage of workers at construction sites, and the need to comply with regulations limiting overtime work.」
It organizes the response to regulations limiting overtime work as an additional industry challenge alongside personnel shortages, construction material prices, and labor-related issues. Quantified: false; surfaced: false. - FY2024-Q3MaterialisedAnnual report
「In the condominium construction business, shortages of technical staff made it necessary to refrain from accepting orders in the first and second quarters, which led to a decline in orders received.」
It states that shortages of technical staff actually led to the company refraining from accepting orders and that orders received declined. - FY2024-Q2RestatedAnnual report
「However, the environment surrounding the construction industry remains challenging, due to factors including soaring construction material and labor prices and shortages and aging among construction workers.」
It continues to describe personnel-related challenges, including shortages and aging among construction workers, as elements of the challenging operating environment. - FY2024-Q1RestatedAnnual report
「However, the environment surrounding the construction industry remains challenging, due to factors including soaring construction material and labor prices, difficulty securing construction workers, and the aging of the workforce.」
It continues to describe personnel-related challenges, including difficulty securing construction workers and an aging workforce, together with soaring construction material and labor prices, as elements of the challenging operating environment. - FY2023ReframedAnnual report
「In the construction industry, the aging of construction workers has become a serious problem, raising concerns about future labor shortages. The industry also faces challenges including measures to address long working hours and improve productivity.」
The reference to shortages of workers at construction sites is organized as an industry challenge encompassing the aging of construction workers, future labor shortages, long working hours, and productivity improvement. - FY2023-Q3RestatedAnnual report
「However, the company faces issues including soaring construction material and fuel prices and a chronic shortage of workers at construction sites, and remains in a challenging environment.」
It continues to cite the chronic shortage of workers at construction sites as a factor contributing to the challenging operating environment. - FY2023-Q2RestatedAnnual report
「The company remains in a challenging environment, including a chronic shortage of workers at construction sites.」
It continues to cite the chronic shortage of workers at construction sites as a factor contributing to the challenging operating environment. - FY2022WorsenedAnnual report
「The declining birthrate and aging population are expected to make securing personnel even more difficult. … Worker shortages could make it difficult to secure orders, while soaring labor costs could affect operating performance.」
Regarding personnel shortages, it indicates that securing personnel is expected to become even more difficult against the backdrop of the declining birthrate and aging population, and continues to state that this could make it difficult to secure orders and could lead to higher labor costs. - FY2021WorsenedAnnual report
「The number of people employed in the construction industry is trending downward. As a result, shortages of workers could make it difficult to secure orders, while soaring labor costs could affect operating performance. In addition, the foundation for the continuation and expansion of the construction business is having highly qualified personnel and a favorable assessment of its construction track record.」
In addition to the previous challenges of an aging skilled workforce and a declining number of young workers, it specifies the scope of the risks, including difficulty securing orders due to worker shortages, soaring labor costs, and securing qualified personnel. - FY2021-Q1WorsenedAnnual report
「The operating environment remains challenging, including due to shortages of personnel caused by the aging of skilled workers who perform the actual work and the decline in the young labor force.」
In addition to the previous challenges of labor and technical shortages, it specifically identifies the aging of skilled workers and the decline in the young labor force as contributing factors. - FY2020WorsenedAnnual report
「A challenging operating environment is expected, affected by factors including soaring labor costs and material procurement costs resulting from the industry's chronic labor shortage.」
It states that labor shortages have become chronic and that soaring labor costs are affecting the operating environment, explicitly adding rising costs to the previous challenges of personnel and technical shortages. - FY2020-Q3RestatedAnnual report
「However, responding to work-style reform, including measures to correct excessive working hours, as well as securing and training site engineers and construction workers amid shortages of personnel and technical expertise, has become a major challenge.」
In addition to personnel shortages, it continues to identify securing and training site engineers and workers, due to insufficient technical expertise, as major challenges. - FY2020-Q2WorsenedAnnual report
「However, responding to work-style reform, including measures to correct excessive working hours, as well as securing and training site engineers and construction workers amid shortages of personnel and technical expertise, has become a major challenge.」
In addition to the previous references to shortages of skilled technicians and higher labor costs, it explicitly identifies shortages of personnel and technical expertise, as well as securing and training site engineers and workers, as challenges, thereby broadening the scope of the issues. - FY2020-Q1RestatedAnnual report
「However, the operating environment remains challenging, due to factors including higher construction material prices and higher labor costs resulting from labor shortages.」
The report continues to identify rising construction-material prices and higher labor costs caused by labor shortages as factors contributing to the difficult business environment. - FY2019-Q3RestatedAnnual report
「The operating environment remains challenging, with concerns including higher construction material prices and higher labor costs due to labor shortages.」
It continues to cite higher labor costs due to labor shortages as a factor contributing to the challenging operating environment. - FY2019-Q2RestatedAnnual report
「The operating environment remains challenging, with concerns including higher construction material prices and higher labor costs due to labor shortages.」
It continues to cite higher construction material prices and higher labor costs due to labor shortages as factors contributing to the challenging operating environment. - FY2019-Q1RestatedAnnual report
「The business environment remains difficult, due in part to higher labor costs caused by rising construction-material prices and labor shortages.」
The report continues to identify rising construction-material prices and higher labor costs caused by labor shortages as factors contributing to the difficult business environment. - FY2018-Q3WorsenedAnnual report
「There are concerns about factors such as expected increases in material and equipment prices and labor rates due to worker shortages toward the year-end and fiscal year-end, the peak periods for construction work.」
The previous quarter stated that the upward trend in labor rates had eased, but this time it expects labor rates to rise toward the year-end and fiscal year-end. - FY2018-Q2MitigatedAnnual report
「Although the upward trend in construction material prices and labor rates has eased, competition on contract prices remains intense, and profitability continues to be under pressure.」
The cost increases tracked as labor cost increases arising from labor shortages are described as having eased in terms of the upward trend in labor rates. Separately, the pressure on profitability from competition on contract prices is also indicated. - FY2018-Q1RestatedAnnual report
「The business environment remains difficult, due in part to higher labor costs caused by rising construction-material prices and labor shortages.」
The report continues to identify rising construction-material prices and higher labor costs caused by labor shortages as factors contributing to the difficult business environment. - FY2017RestatedAnnual report
「The business environment remains difficult, due in part to higher labor costs caused by rising construction-material prices and labor shortages.」
The report continues to identify higher labor costs caused by labor shortages as a factor contributing to the difficult business environment. - FY2017-Q3RestatedAnnual report
「The business environment remains difficult, due in part to higher labor costs caused by rising construction-material prices and labor shortages.」
Higher labor costs due to labor shortages continue to be identified as a business-environment issue. Rising construction-material prices have been presented separately as a new risk. - FY2017-Q2RestatedAnnual report
「However, the business environment remains difficult, due in part to higher labor costs caused by a shortage of skilled technicians and other workers.」
The shortage of skilled technicians and others and the resulting increase in labor costs continue to be identified as business-environment issues. - FY2017-Q1First statedAnnual report
「The business environment remains difficult, due in part to higher labor costs caused by a shortage of skilled technicians and other workers.」
The shortage of skilled technicians and others, together with the resulting increase in labor costs, is identified as a current business-environment risk.