Shortage of Construction Engineers and Skilled Workers
First written in FY2016. 16 of 28 entries say "Restated". Latest entry: FY2026.
Takamatsu Construction Group moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 6 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To secure construction engineers, we have adopted the long-term vision of “Striving to become a top-class company recognized for its excellent workplace environment,” and are working to improve working conditions and build an attractive company. At the same time, we are promoting the recruitment of talented people regardless of gender or nationality.」
While the risk of labor shortages remains, it specifies responses including improving working conditions, recruiting regardless of gender or nationality, and developing new subcontractors. - 2026-05-13RestatedEarnings
「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。」
労務需給の逼迫が継続しているとの認識を示している。 - FY2025WorsenedAnnual report
「In the construction industry, the number of engineers is declining across the sector due to the aging of construction engineers and skilled workers, fewer new entrants and an increase in employees leaving the industry. If the Group is unable to secure sufficient construction engineers and skilled workers, this could affect its performance and financial condition through delays in construction work and other consequences.」
It specifies aging, fewer new entrants and more employees leaving the industry as causes of the labor shortage, and explicitly describes the impact of construction delays. It also describes responses including hiring foreign workers and developing new subcontractors. - FY2025-H1MaterialisedAnnual report
「The business environment remains challenging in terms of profitability due to soaring raw material and material and equipment prices, as well as tight labor supply and demand.」
Tight labor supply and demand remain ongoing, and together with soaring raw material and material and equipment prices, have emerged in the actual business environment as pressure on profitability. - FY2024WorsenedAnnual report
「Risks from higher construction material prices and labor rates, and labor shortages」
Higher construction material prices and labor rates, along with labor shortages, were identified as particularly important risks. - FY2024-Q2RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2023WorsenedAnnual report
「The business environment surrounding the construction industry remains challenging due to soaring prices for construction materials and labor, difficulties in procuring construction materials and securing personnel engaged in construction, and the aging workforce.」
In addition to the existing shortage of workers supporting the industry and higher labor costs, it explicitly identifies the aging workforce and difficulties in securing personnel as factors contributing to the challenging environment. - FY2023-Q3RestatedAnnual report
「Demand in both public and private construction investment remains firm, but chronic shortages of skilled workers and continued increases in construction costs due to higher material and equipment prices are keeping the business environment challenging.」
It states that shortages of skilled workers remain chronic, alongside continued increases in construction costs. - FY2023-Q2MaterialisedAnnual report
「Furthermore, construction costs are a concern due to higher material and equipment prices and tight labor supply, requiring close monitoring of price trends.」
Tight labor supply is described as part of the current business environment, with concern expressed over higher construction costs alongside soaring material and equipment prices. - FY2022MaterialisedAnnual report
「Profitability remained under pressure due to the response to work-style reforms and higher labor costs associated with shortages of skilled workers supporting the construction industry.」
Higher labor costs associated with workforce shortages have actually emerged in the business environment as pressure on profitability. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2022-Q2RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2020WorsenedAnnual report
「In addition, the response to work-style reforms and higher labor costs associated with the rapid decline in the workforce supporting the construction industry cannot be avoided.」
It continues to identify higher labor costs associated with the decline in the workforce supporting the industry as an unavoidable challenge. - FY2019WorsenedAnnual report
「It is expected to be unavoidable that the government-led response to work-style reforms and the decline in the workforce supporting the construction industry will lead to higher labor costs.」
It explicitly states that a rapid decline in the workforce supporting the industry and higher labor costs are expected to be unavoidable. - FY2019-Q3RestatedAnnual report
「During the first nine 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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2019-Q2RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2019-Q1RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2018WorsenedAnnual report
「We are systematically securing construction engineers and skilled workers. However, if supply and demand for construction engineers and skilled workers become severely constrained in the future and it becomes difficult to secure the required workforce, problems such as lost order opportunities and delays to construction schedules may arise. In addition, a sharp increase in labor costs could affect performance.」
In addition to the existing risk of shortages in the workforce supporting the industry, it explicitly identifies a sharp increase in labor costs as an impact factor. - FY2018-Q3RestatedAnnual report
「During the first nine 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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2018-Q2RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2018-Q1RestatedAnnual report
「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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2017WorsenedAnnual report
「A rapid decline in the workforce supporting the construction industry in the future is considered unavoidable.」
It explicitly recognizes that the workforce supporting the construction industry will decline rapidly in the future, heightening concern over the risk of labor shortages. - FY2017-Q3RestatedAnnual report
「During the first nine 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.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2017-Q2RestatedAnnual report
「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk of shortages of construction engineers and skilled workers. - FY2016First statedAnnual report
「If supply and demand for construction engineers and skilled workers become severely constrained and it becomes difficult to secure the required workforce, problems such as lost order opportunities and delays to construction schedules may arise.」
It recognizes that shortages remain ongoing and anticipates lost order opportunities and construction delays if labor supply and demand become severely constrained.