Material Price Increases and Procurement Difficulties

「Primarily through its operating companies, the group is taking measures including incorporating clauses addressing inflation and other factors into contracts with clients and holding discussions and negotiations with suppliers and clients.」

「建設資材価格やエネルギーコストの高止まり、労務需給の逼迫等により、引き続き収益環境には留意が必要な状況が続いております。」

「In the construction market, public construction investment remains solid due to measures such as national resilience initiatives, while companies' appetite for capital investment remains firm in the private construction investment sector, maintaining a generally solid order environment. However, the business environment remains challenging in terms of profits due to soaring raw material and construction material and equipment prices and tight labor supply and demand.」

「In the construction market, public construction investment remains solid due to measures such as national resilience initiatives, while companies' appetite for capital investment remains firm in the private construction investment sector, maintaining a generally solid order environment. However, the business environment remains challenging in terms of profits due to soaring raw material and construction material and equipment prices and tight labor supply and demand.」

「If construction material prices and labor rates rise sharply after a construction contract is signed and intensifying competition makes it difficult to reflect the increases in the contract price」

「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「The situation remains uncertain due to numerous concerns, including continued monetary tightening in various countries, downside risks to overseas economies, inflation, the prolonged situation in Ukraine, soaring global energy costs, and soaring raw material and construction material and equipment prices.」

「Construction costs continue to rise due to a chronic shortage of technical workers and soaring prices for construction materials and equipment, and the challenging business environment persists.」

「The economy may stagnate under the influence of rising prices for raw materials, construction materials and equipment, and energy, caused by the historic depreciation of the yen against the backdrop of a widening Japan-U.S. interest rate differential, as well as economic instability resulting from the prolonged situation in Ukraine.」

「Although material and other prices continue to rise, these are not currently a major factor weighing on the group's profits, and we will continue to monitor price trends closely.」

「Meanwhile, construction costs have risen due to the so-called wood shock originating in North America and soaring prices for materials such as steel and cement.」

「The rise in prices for materials including steel and the surge in global timber prices known as the "wood shock" have continued, and the outlook for material prices remains uncertain and cannot be viewed optimistically. Although soaring material and timber prices are not currently a major factor weighing on the group's profits, we will continue to monitor price trends closely.」

「The rise in prices for materials including steel and the surge in global timber prices known as the "wood shock" have continued, and the outlook for material prices remains uncertain and cannot be viewed optimistically.」

「The outlook for material prices remains uncertain and cannot be viewed optimistically, due to soaring prices for materials including steel and the global rise in timber prices known as the "wood shock." Although soaring material and timber prices are not currently a factor weighing on the group's profits, we will continue to monitor price trends closely.」

「In addition, we have taken measures to minimize the impact on construction work of delays in the delivery of certain building equipment caused by the instability of China's supply chain that began at the end of February.」

「The business environment has changed significantly, including delays in procuring materials due to supply chain disruptions and the possibility of population dispersal as telework becomes more widespread,」

「If construction material prices and labor rates rise sharply after a construction contract is signed and intensifying competition makes it difficult to reflect the increases in the contract price」

「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」

「During the 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 and other risks described in the annual securities report for the previous fiscal year.」

「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」

「During the 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 and other risks described in the annual securities report for the previous fiscal year.」

「If the prices of raw materials rise sharply, including steel frames and petroleum products, it may be difficult to reflect the increase in contract prices, or materials may become difficult to procure as demand increases, potentially affecting performance.」

「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「If prices of raw materials such as steel and petroleum products rise sharply, it may be difficult to reflect the increase in contract prices, or materials may become difficult to procure due to increased demand.」