Risk to construction capacity from shortages of construction workers
First written in FY2016. 12 of 23 entries say "Restated". Latest entry: FY2026.
Kudo moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 6 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the construction industry, soaring construction material prices and improvements to the work environment are issues. In addition, the aging of engineers and skilled workers and a shortage of younger personnel are making labor shortages increasingly serious.」
Newly identifies the aging of engineers and skilled workers and the shortage of younger personnel in connection with the construction workforce shortage, and notes that labor shortages are becoming increasingly serious. - 2026-05-15RestatedEarnings
「At the same time, profitability remained under pressure due to persistently high construction material prices, rising labor costs, and the impact of a chronic labor shortage.」
建設分野では、慢性的な人手不足を資材価格高止まりや労務費上昇とともに収益上の課題として継続している。 - FY2025WorsenedAnnual report
「In the construction industry, shortages of engineers and skilled workers are becoming increasingly serious, making it an urgent task to secure and train younger personnel.」
Describes shortages of construction engineers and skilled workers as becoming increasingly serious and identifies securing and training younger personnel as an urgent task. - FY2024Additional discussion of improvements to the work environment and the correction of excessive working hoursAnnual report
「The construction industry faces issues including shortages of construction engineers and skilled workers, soaring construction material prices, and improvements to the work environment, such as correcting excessive working hours.」
Explicitly identifies shortages of construction engineers and skilled workers, a lack of available personnel, soaring construction material prices, and improvements to the work environment, including the correction of excessive working hours, as issues. - FY2024-Q2WorsenedAnnual report
「In the construction industry, public investment has remained firm, but the recovery in construction investment has stalled. The industry also continues to face the impact of higher labor costs caused by labor shortages and soaring material prices, and the need to monitor changes in construction demand and needs even more closely remains.」
Explicitly notes that the recovery in construction investment has stalled and that labor costs are rising because of labor shortages, in addition to the existing shortages of construction site managers and construction workers. - FY2022RestatedAnnual report
「Meanwhile, chronic shortages of construction engineers and skilled workers are serious, and we will steadily advance productivity-enhancement measures and work-style reform initiatives to resolve these issues.」
Continues to identify shortages of construction engineers and skilled workers as serious issues and to address them through productivity enhancement and work-style reform. - FY2020RestatedAnnual report
「Meanwhile, chronic shortages of construction engineers and skilled workers are serious, and we will steadily advance productivity-enhancement measures and work-style reform initiatives to resolve these issues.」
Continues to identify shortages of construction engineers and skilled workers as serious issues and to address them through productivity enhancement and work-style reform. - FY2020-Q3RestatedAnnual report
「In addition, maintaining construction capacity has become a concern for the outlook because of intensifying competition for orders, shortages of construction site managers and construction workers, and instability in material procurement. We believe that operational reform and measures to improve productivity are essential for the construction industry to pursue the government's work-style reform initiative.」
Continues to note concerns about maintaining construction capacity because of competition for orders, shortages of construction site managers and construction workers, and instability in material procurement. - FY2020-Q2WorsenedAnnual report
「In the construction industry, both public- and private-sector investment have remained firm, but shortages of construction site managers and construction workers persist, and the difficult operating environment continues, including intensifying competition for orders.」
Notes that the difficult operating environment continues as shortages of construction site managers and construction workers persist and competition for orders intensifies. - FY2020-Q1RestatedAnnual report
「In the construction industry, public investment has become increasingly firm, but shortages of construction site managers and construction workers persist, and concerns about the outlook continue.」
Continues to note that public investment is becoming increasingly firm, while shortages of construction site managers and construction workers and concerns about the outlook persist. - FY2019RestatedAnnual report
「However, the business environment remains far from optimistic, as shortages of skilled construction workers and elevated construction material prices persist.」
While describing the order environment as strong, the company continues to recognize that shortages of skilled construction workers persist. - FY2019-Q3RestatedAnnual report
「In the construction industry, public investment showed some signs of weakening, but private-sector capital investment increased moderately and the order environment remained strong. However, the business environment remains far from optimistic, as shortages of skilled construction workers and elevated construction material prices persist.」
While describing the order environment as strong, the company continues to recognize that shortages of skilled construction workers persist and construction material prices remain elevated. - FY2019-Q2RestatedAnnual report
「In the construction industry, the order environment remains strong against a backdrop of firm construction investment. However, the business environment remains far from optimistic, as shortages of skilled construction workers and elevated construction material prices persist, while some indicators have recently pointed to weakening public investment.」
While describing construction investment and the order environment as strong, the company continues to recognize that shortages of skilled construction workers persist. - FY2019-Q1RestatedAnnual report
「In the construction industry, the order environment remains strong against a backdrop of firm construction investment, but shortages of site supervisors and construction workers continue, and concern about the outlook persists.」
While describing construction investment and the order environment as strong, the company continues to cite shortages of site supervisors and construction workers and concern about the outlook for maintaining a construction system. - FY2018WorsenedAnnual report
「The chronic shortage of construction engineers and skilled workers is serious, making initiatives to improve productivity and reform working practices to address these shortages an urgent issue.」
In addition to the previously cited shortages of construction workers and site supervisors, the company describes shortages of construction engineers and skilled workers as “serious,” emphasizing the urgency of the issue. - FY2018-Q3Explicit timeframe to the Tokyo OlympicsAnnual report
「Meanwhile, construction demand is expected to increase toward the Tokyo Olympic and Paralympic Games in 2 years, but maintaining a construction system is a concern going forward because of shortages of site supervisors and construction workers and instability in materials procurement.」
The company continues to cite concern about maintaining a construction system because of shortages of site supervisors and construction workers and instability in materials procurement, while explicitly specifying a timeframe of 2 years to the Tokyo Olympic and Paralympic Games. - FY2018-Q2SoftenedAnnual report
「Meanwhile, construction demand is expected to increase toward the Tokyo Olympics, but maintaining a construction system is a concern going forward because of shortages of site supervisors and construction workers and instability in materials procurement.」
Concern about maintaining a construction system because of shortages of site supervisors and construction workers remains, but the specific timeframe of “2020” cited in the previous quarter has been removed. - FY2018-Q1WorsenedAnnual report
「Meanwhile, construction demand is expected to increase toward the 2020 Tokyo Olympics, but maintaining a construction system is a concern going forward because of shortages of site supervisors and construction workers and instability in materials procurement.」
Against a backdrop of stronger construction demand, the company has added a shortage of site supervisors to the previously cited shortage of construction workers and expressed concern about maintaining a construction system going forward. - FY2017RestatedAnnual report
「Meanwhile, the operating environment surrounding the industry remains challenging, including the need to secure a stable construction system amid the now-chronic shortage of construction workers.」
The company continues to state that the shortage of construction workers has become chronic and that securing a construction system remains difficult. - FY2017-Q3WorsenedAnnual report
「Meanwhile, the operating environment surrounding the industry remains challenging, including the need to secure a stable construction system amid the now-chronic shortage of construction workers.」
Regarding the shortage of construction workers, the wording has progressed from “becoming chronic” in the previous disclosure to “chronic,” while the company continues to cite the difficulty of securing a construction system. - FY2017-Q2RestatedAnnual report
「The operating environment remains challenging, including the need to secure a stable construction system amid the increasingly chronic shortage of construction workers.」
The company continues to cite the shortage of construction workers and the difficulty of securing a construction system. - FY2017-Q1RestatedAnnual report
「Meanwhile, the operating environment remains challenging, including the need to secure a stable construction system amid a shortage of construction workers.」
The company continues to cite the shortage of construction workers and the difficulty of securing a construction system. - FY2016First statedAnnual report
「The operating environment remains challenging, including the need to secure a stable construction system amid a shortage of construction workers.」
The shortage of construction workers is identified as an external risk related to maintaining a stable construction system.