Soaring material prices and labor costs, and shortages of skilled workers
First written in FY2016. 16 of 31 entries say "Restated". Latest entry: 2026-11-09.
Sonec moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2019: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If sharp increases in construction-material prices, procurement difficulties, soaring labor rates, shortages of skilled construction workers, and energy supply shortages or price increases result in higher construction costs, lower margins or construction delays, these developments may affect the operating results of the Group.」
In addition to soaring material and labor costs and shortages of skilled workers, it continues to identify energy supply shortages and price increases as risks affecting construction costs, margins and construction schedules. - 2026-06-01WorsenedGeneral Meeting of Shareholders
「建設業における人手不足による人件費高騰、中東情勢などの地政学リスクが与える影響によるエネルギー価格の上昇など、建設資材や原材料の価格上昇はより一層、深刻化する恐れがあります。」
人手不足による人件費高騰と、地政学リスクを背景とする資材・原材料価格上昇の深刻化可能性を記載している。 - FY2026-H1RestatedAnnual report
「In the construction industry, public investment is expected to remain resilient and relatively firm, while private-sector capital investment is generally flat. However, responding to issues such as the impact of rising construction costs, labor shortages in the construction industry and the elimination of long working hours has become urgent, and it is difficult to avoid the conclusion that positive factors for corporate performance are limited.」
While expecting public investment to remain firm, it continues to recognize that addressing rising construction costs, labor shortages and the elimination of long working hours is urgent, leaving limited positive factors for earnings. - FY2025RestatedAnnual report
「The construction business environment is expected to see firm order volumes in both public works and private-sector investment, but the industry is facing the cap on overtime work, the so-called "2024 problem," and the resulting labor shortage may cause labor costs to rise further, while increases in construction-material and raw-material prices may become even more serious, leading to an expected extremely challenging earnings environment.」
It continues to state that, although the order environment is expected to remain firm, the 2024 problem, labor shortages, and increases in labor and material costs are making the earnings environment challenging. - FY2025-H1WorsenedAnnual report
「In the construction industry, public investment is expected to remain resilient and relatively firm, supported by the effects of supplementary budgets, and private-sector capital investment is also showing signs of recovery. However, responding to issues such as the impact of rising construction costs, securing workers and eliminating long working hours as part of the so-called 2024 problem in the construction industry has become urgent, and it is difficult to avoid the conclusion that positive factors for corporate performance are limited.」
It cites the recovery in public investment and private-sector capital investment, while stating that responding to rising construction costs, securing workers, and the 2024 problem and elimination of long working hours is urgent, leaving limited positive factors for earnings. - FY2024WorsenedAnnual report
「The industry is facing the cap on overtime work, the so-called "2024 problem," and the resulting labor shortage may cause labor costs to rise further, while increases in construction-material and raw-material prices may become even more serious, leading to an expected extremely challenging earnings environment.」
In addition to concerns over ongoing increases in material prices and labor costs and shortages of skilled workers, it explicitly identifies the 2024 problem and the cap on overtime work, and expects further deterioration in increases in labor costs and material prices. - FY2024-Q3WorsenedAnnual report
「In the construction industry, although construction volumes are high, structural negative factors such as shortages of skilled tradespeople across Japan and soaring material prices remain.」
It explicitly identifies the high volume of construction work on the one hand and shortages of skilled tradespeople nationwide and soaring material prices as structural negative factors on the other. - FY2024-Q2RestatedAnnual report
「In the construction industry, private-sector capital investment, particularly in industrial facilities, was strong, but construction-material prices continue to rise and conditions remain challenging in terms of earnings.」
It states that, while private-sector capital investment is strong, soaring construction-material prices and challenging earnings conditions continue. - FY2024-Q1WorsenedAnnual report
「Although demand in the construction industry remains strong, surging material and labour costs have pushed up construction costs and squeezed profits.」
It states that, while demand is strong, soaring material prices and labor costs are pushing up construction costs and putting pressure on earnings. - FY2023WorsenedAnnual report
「The construction business environment is expected to become extremely challenging as the recovery in orders from the COVID-19 downturn has tightened supply and demand, driving up labor wages, construction materials and raw-material prices.」
It cites tight supply and demand accompanying the recovery in orders and soaring labor wages, construction-material prices and raw-material prices, and expects the earnings environment to become extremely challenging. - FY2023-Q2WorsenedAnnual report
「In the construction industry, redevelopment projects, particularly in urban areas, are in a busy period, but shortages of materials and workers persist, and the earnings environment remains challenging.」
It states that redevelopment projects are in a busy period, while shortages of materials and workers persist and the earnings environment remains challenging. - FY2023-Q1WorsenedAnnual report
「In the construction industry, delays in component supplies caused by the semiconductor shortage and soaring material prices continue, leaving conditions unpredictable.」
In addition to the ongoing increases in material prices and supply constraints, it cites continued delays in component supplies caused by the semiconductor shortage and continued material-price inflation, describing the construction industry as facing unpredictable conditions. - FY2022WorsenedAnnual report
「The business environment surrounding construction remains firm for government projects, supported by the government's Disaster Prevention, Disaster Mitigation and National Resilience Measures, and large private-sector building projects are continuing, but supplier problems such as delays in equipment deliveries are becoming more pronounced.」
It states that government projects and large building projects are continuing, while supplier problems such as delays in equipment deliveries have become more pronounced, making risks related to material and supply constraints more concrete. - FY2022-Q3WorsenedAnnual report
「In the construction industry, the volume of government public-works orders has remained high, but construction-related materials are in short supply across the board and supplier problems are becoming more serious.」
It states that, while the volume of public-works orders is high, shortages of construction-related materials are spreading and supplier problems are becoming more serious. - FY2022-Q2WorsenedAnnual report
「In the construction industry, although disaster-recovery construction and national resilience measures continued, shortages and price increases for construction components are worsening the earnings environment.」
It states that, in addition to the ongoing increases in construction costs and material-supply risks, shortages and price increases for construction components are worsening the earnings environment. - FY2022-Q1WorsenedAnnual report
「In the construction industry, orders for public works and other projects remain available, but housing materials such as timber have become more expensive, and uncertainty persists in some areas, including disruptions in the construction-material supply chain.」
It specifically cites, in addition to the ongoing increases in construction costs and material-supply risks, soaring prices for housing materials such as timber and disruptions in the construction-material supply chain. - FY2021-Q1WorsenedAnnual report
「In the construction industry, although construction projects, particularly public works, are being ordered, the risk of construction work being suspended due to infections is ever-present, and conditions remain unpredictable, including disruptions to the construction-material supply chain.」
In addition to the ongoing increases in material prices and labor costs and the shortage of skilled workers, it cites the risk of construction stoppages due to infection outbreaks and disruptions in the construction-material supply chain, describing the construction environment as unpredictable. - FY2020WorsenedAnnual report
「The environment surrounding the construction business is expected to remain challenging, despite expectations that public investment and private capital investment will remain firm. Concerns include shortages of construction workers and further increases in construction costs, such as material prices.」
The company explicitly identifies shortages of construction workers and further increases in construction costs as concerns, indicating heightened caution regarding the previously cited increases in material prices and labor costs and shortages of skilled workers. - FY2020-Q3RestatedAnnual report
「In the construction industry, both public-sector construction and private capital investment have remained firm, but conditions requiring close monitoring, including rising construction costs and the supply and demand situation for skilled workers, continue.」
Public-sector construction and private capital investment are described as firm, while rising construction costs and the supply and demand situation for skilled workers continue to require close monitoring. - FY2020-Q2RestatedAnnual report
「In the construction industry, both public-sector construction and private capital investment have remained firm, but conditions requiring close monitoring, including rising construction costs and the supply and demand situation for skilled workers, continue.」
Public-sector construction and private capital investment are described as firm, while rising construction costs and the supply and demand situation for skilled workers continue to require close monitoring. - FY2020-Q1RestatedAnnual report
「In the construction industry, both public-sector construction and private capital investment have remained firm, but conditions requiring close monitoring, including rising construction costs and the supply and demand situation for skilled workers, continue.」
Public-sector construction and private capital investment are described as firm, while rising construction costs and the supply and demand situation for skilled workers continue to require close monitoring. - FY2019RestatedAnnual report
「If the sharp increase in construction material prices, difficulty in procurement, soaring labor costs, or shortages of skilled construction workers result in higher construction costs, lower profit margins, delays to construction schedules or other effects, this could affect the Group's operating results.」
The company continues to identify risks of higher costs, lower profit margins, and delays to construction schedules due to material price increases and procurement difficulties, higher labor costs, and shortages of skilled workers. - FY2019-Q3RestatedAnnual report
「In the construction industry, the problems of soaring material prices, labor shortages and higher labor costs have not been resolved. Although private capital investment is on an upward trend, public investment is declining, and the challenging operating environment continues.」
The company continues to disclose that soaring material prices, labor shortages, and higher labor costs have not been resolved. - FY2018RestatedAnnual report
「If the sharp increase in construction material prices, difficulty in procurement, soaring labor costs, or shortages of skilled construction workers result in higher construction costs, lower profit margins, delays to construction schedules or other effects, this could affect the Group's operating results.」
The company continues to identify risks of higher costs, lower profit margins, and delays to construction schedules due to material price increases and procurement difficulties, higher labor costs, and shortages of skilled workers. - FY2018-Q3RestatedAnnual report
「In the construction industry, public-sector construction has remained firm, but competition for orders has intensified. The challenging operating environment continues, with soaring material prices and higher labor costs due to labor shortages.」
The company describes continuing soaring material prices, higher labor costs due to labor shortages, and a challenging operating environment. The risk factors section states that there are no material changes. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there are no new developments or material changes regarding the risks of soaring material prices and labor costs and shortages of skilled workers. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the 1st quarter cumulative period. There were also no material changes to the risks described in the securities report for the previous fiscal year.」
The company states that there are no new developments or material changes regarding the risks of soaring material prices and labor costs and shortages of skilled workers. - FY2017RestatedAnnual report
「If the sharp increase in construction material prices, difficulty in procurement, soaring labor costs, or shortages of skilled construction workers result in higher construction costs, lower profit margins, delays to construction schedules or other effects, this could affect the Group's operating results.」
The company continues to identify risks of higher costs, lower profit margins, and delays to construction schedules due to material price increases and procurement difficulties, higher labor costs, and shortages of skilled workers. - FY2016First statedAnnual report
「If the sharp increase in construction material prices, difficulty in procurement, soaring labor costs, or shortages of skilled construction workers result in higher construction costs, lower profit margins, delays to construction schedules or other effects, this could affect the Group's operating results.」
The company indicates that difficulty in procuring materials, higher labor costs, and shortages of skilled workers could lead to lower profit margins and delays to construction schedules.