Construction Market Risk from Contraction in Public Investment and Private Capital Investment
First written in FY2016. 20 of 30 entries say "Restated". Latest entry: 2026-08-07.
The whole theme swung hardest in 2024: 8 of 28 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Public investment remained firm, and private-sector companies also showed increased willingness to invest in capital expenditure. Nevertheless, difficult conditions continued, including shortages of skilled workers and increases in construction-material prices and other costs.」
The company continues to describe the construction market as difficult due to trends in public investment and private-sector capital expenditure, shortages of skilled workers, and higher construction-material prices and other costs. - FY2025-H1Construction demand remains firm and is expanding, while labor and material costs are risingAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, public investment has remained firm, and private-sector companies have shown greater willingness to invest in facilities, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
While indicating firm public investment and greater willingness among private-sector companies to invest in facilities, it states that challenging conditions continue due to a shortage of skilled workers and rising prices of construction materials and other costs. - FY2024-Q3RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
It continues to describe a recovery trend in private-sector capital investment alongside challenging construction market conditions caused by a shortage of skilled workers and rising prices of construction materials and other costs. - FY2024-Q2RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
It continues to describe a recovery trend in private-sector capital investment alongside challenging construction market conditions caused by a shortage of skilled workers and rising prices of construction materials and other costs. - FY2024-Q1RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
It continues to describe a recovery trend in private-sector capital investment alongside challenging construction market conditions caused by a shortage of skilled workers and rising prices of construction materials and other costs. - FY2023-Q3RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
It continues to describe a recovery trend in private-sector capital investment alongside challenging construction market conditions caused by a shortage of skilled workers and rising prices of construction materials and other costs. - FY2023-Q2A recovery trend in private-sector capital investment coexists with challenging conditions caused by rising costsAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and rising prices of construction materials and other costs.」
While indicating a recovery trend in private-sector capital investment, it states that challenging conditions in the construction market continue due to a shortage of skilled workers and rising prices of construction materials and other costs. - FY2022RestatedAnnual report
「The construction industry, which has a significant impact on the Group's business, is heavily influenced by public investment and private-sector capital investment. If these investments contract due to an economic downturn or other factors, this may affect the Group's business performance and other matters. The Group is monitoring the balance between public- and private-sector construction work while continuing to develop new customers.」
It continues to address the risk of a contraction in public- and private-sector investment by monitoring the balance of construction work and developing new customers. - FY2022-Q2WorsenedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, private-sector capital investment has been recovering, but challenging conditions have continued due to a shortage of skilled workers and shortages and rising prices of construction materials and other items.」
While indicating a recovery trend in private-sector capital investment, it newly specifies shortages and rising prices of construction materials and other items in addition to the shortage of skilled workers, with challenging conditions continuing in the construction market. - FY2022-Q1RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, conditions remained challenging amid a shortage of skilled workers and postponements of investment plans due to the impact of infectious diseases, while private-sector capital investment remained cautious due to concerns about deteriorating corporate earnings.」
It reconfirms challenging conditions in the construction market, with a shortage of skilled workers, postponements of investment plans due to infectious diseases, concerns about deteriorating corporate earnings, and continued caution toward private-sector capital investment. - FY2021-Q3WorsenedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, challenging conditions have continued amid a shortage of skilled workers and postponements of investment plans due to the impact of infectious diseases, while private-sector capital investment has weakened due to concerns about deteriorating corporate earnings.」
In addition to a growing sense of economic slowdown accompanying the renewed spread of infectious diseases, it describes postponed investment plans and weakening private-sector capital investment, with challenging conditions continuing in the construction market. - FY2021-Q2RestatedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, challenging conditions have continued amid a shortage of skilled workers, partial construction delays and postponements resulting from measures to prevent the spread of infectious diseases, deteriorating corporate earnings, and weakening private-sector capital investment.」
It continues to describe challenging conditions in the construction market caused by a shortage of skilled workers, construction delays and postponements due to measures to prevent the spread of infectious diseases, deteriorating corporate earnings, and weakening private-sector capital investment. - FY2021-Q1WorsenedAnnual report
「In Japan's domestic construction industry, where the Group's core businesses operate, challenging conditions have continued amid a shortage of skilled workers, partial construction suspensions and supply chain disruptions resulting from measures to prevent the spread of infectious diseases, deteriorating corporate earnings, and weakening capital investment.」
It describes a shortage of skilled workers, construction suspensions and supply chain disruptions caused by measures to prevent the spread of infectious diseases, deteriorating corporate earnings, and weakening capital investment, indicating increasingly challenging conditions in the construction market. - FY2020MitigatedAnnual report
「The Group is monitoring the balance between public- and private-sector construction work while continuing to develop new customers.」
In response to the risk of a contraction in public investment and private-sector capital investment, it identifies monitoring the balance between public- and private-sector construction work and developing new customers as measures. - FY2020-Q3RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while challenging conditions have continued due to a shortage of skilled workers, soaring labor costs, and rising construction material prices.」
It continues to describe the coexistence of firm private-sector capital investment and challenging market conditions caused by a shortage of skilled workers, soaring labor costs, and rising construction material prices. - FY2020-Q2RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while challenging conditions have continued due to a shortage of skilled workers, soaring labor costs, and rising construction material prices.」
It continues to describe the coexistence of firm private-sector capital investment and challenging market conditions caused by a shortage of skilled workers, soaring labor costs, and rising construction material prices. - FY2020-Q1RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while challenging conditions have continued due to a shortage of skilled workers, soaring labor costs, and rising construction material prices.」
It continues to describe the coexistence of firm private-sector capital investment and challenging market conditions caused by a shortage of skilled workers, soaring labor costs, and rising construction material prices. - FY2019WorsenedAnnual report
「In the construction industry, where the Group's core businesses operate, the order environment is expected to remain relatively firm for the time being, but conditions are expected to remain unpredictable due to further rises in labor costs and construction material prices.」
While indicating that the order environment remains firm, it cites further increases in labor costs, driven by a shortage of skilled workers, and rising construction material prices, reinforcing uncertainty in the construction market. - FY2019-Q3WorsenedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while uncertainty about the outlook has persisted due to concerns about soaring labor costs caused by a shortage of skilled workers and rising construction material prices.」
While firm private-sector capital investment has continued, it describes soaring labor costs and concerns about rising construction material prices in addition to the previously noted rising labor costs and competition over order prices. - FY2019-Q2RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while uncertainty about the outlook has persisted due to rising labor costs caused by a shortage of skilled workers and intensifying competition over order prices.」
It reiterates the coexistence of firm private-sector capital investment and uncertainty caused by rising labor costs due to a shortage of skilled workers and intensifying competition over order prices. - FY2019-Q1RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while uncertainty about the outlook has persisted due to rising labor costs caused by a shortage of skilled workers and intensifying competition over order prices.」
It continues to describe the coexistence of firm private-sector capital investment, rising labor costs due to a shortage of skilled workers, competition over order prices, and uncertainty about the outlook. - FY2018RestatedAnnual report
「In addition to a substantial reduction in public investment, if private-sector capital investment, particularly by manufacturers, contracts due to a domestic economic downturn or other factors, this may affect the Group's business performance and other matters.」
It continues to identify a contraction in public investment and private-sector capital investment as market-environment risks for the construction business. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, the Japanese economy continued on a gradual recovery path due to improvements in corporate earnings and the employment and income environment, but remained subject to uncertainty about the outlook, as concerns about slower growth in emerging economies and heightened geopolitical risks had not been dispelled. In Japan's domestic construction market, where the Group's core businesses operate, conditions remained firm, particularly in private-sector capital investment, while the operating environment remained challenging due to rising labor costs and intensifying competition for orders.」
It continues to describe the coexistence of firm private-sector capital investment and challenging conditions in the construction market due to rising labor costs and intensifying competition for orders. It also refers to concerns about slower growth in emerging economies and geopolitical risks. - FY2018-Q2RestatedAnnual report
「During the first six months of the current fiscal year, the Japanese economy continued on a gradual recovery path due to improvements in corporate earnings and the employment and income environment, but remained subject to uncertainty about the outlook, as concerns about slower growth in emerging economies and heightened geopolitical risks had not been dispelled. In Japan's domestic construction market, where the Group's core businesses operate, conditions remained firm, particularly in private-sector capital investment, while the operating environment remained challenging due to rising labor costs and intensifying competition for orders.」
It continues to describe the coexistence of firm private-sector capital investment and challenging conditions in the construction market due to rising labor costs and intensifying competition for orders. It also refers to concerns about slower growth in emerging economies and geopolitical risks. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, the Japanese economy continued on a gradual recovery path due to the effects of government and other policies, but remained subject to uncertainty about the outlook, including concerns about downside risks to the global economy resulting from slower growth in emerging economies and developments in the United States. In Japan's domestic construction market, where the Group's core businesses operate, conditions remained firm, particularly in private-sector capital investment, while the operating environment remained challenging due to rising labor costs and intensifying competition for orders.」
It continues to describe concerns about downside risks to the global economy, uncertainty about the outlook, and challenging conditions in the domestic construction market due to rising labor costs and intensifying competition for orders. - FY2017RestatedAnnual report
「In addition to a substantial reduction in public investment, if private-sector capital investment, particularly by manufacturers, contracts due to a domestic economic downturn or other factors, this may affect the Group's business performance and other matters.」
It continues to identify a contraction in public investment and private-sector capital investment as market-environment risks for the construction business. - FY2017-Q3RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while the operating environment remains challenging due to rising labor costs and intensifying competition for orders.」
It continues to describe the coexistence of firm private-sector capital investment and a challenging environment caused by rising labor costs and intensifying competition for orders. - FY2017-Q2RestatedAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while the operating environment remains challenging due to rising labor costs and intensifying competition for orders.」
As in the previous quarter, it describes the coexistence of firm private-sector capital investment and a challenging environment caused by rising labor costs and intensifying competition for orders. - FY2017-Q1Firm demand coexists with cost and competitive pressuresAnnual report
「In Japan's domestic construction market, where the Group's core businesses operate, conditions have remained firm, particularly in private-sector capital investment, while the operating environment remains challenging due to rising labor costs and intensifying competition for orders.」
It states that private-sector capital investment remains firm, while rising labor costs and intensifying competition for orders continue to make the operating environment challenging. - FY2016First statedAnnual report
「In addition to a substantial reduction in public investment, if private-sector capital investment, particularly by manufacturers, contracts due to a domestic economic downturn or other factors, this may affect the Group's business performance and other matters.」
The contraction of public investment and private-sector capital investment, particularly by manufacturers, is identified as a business performance risk for the construction business.