Improvement in Private Construction Demand
First written in FY2017-Q2. 7 of 32 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 17 of 32 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the construction industry, public investment remained firm and robust private-sector capital investment appetite supported demand, which remained generally high.」
The assessment of the operating environment improved from weak indicators for housing, private non-residential buildings and public works in the previous interim period to sustained high demand supported by public investment and private-sector capital investment. - FY2026-H1WorsenedAnnual report
「Meanwhile, in the construction industry, new housing starts declined for the eighth consecutive month, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, declined substantially for the first time in 2 months, and public works contract values also declined substantially for the first time in 5 months.」
While the previous fiscal year described the overall market as trending upward, the current interim period described weak indicators for housing, private non-residential buildings and public works. - FY2025Market expanded on public and select private investment, but challenges persistedAnnual report
「Meanwhile, in the construction industry, the overall market continued to trend upward, supported by public investment and some private-sector investment. However, the challenging business environment persisted amid structural issues including soaring construction costs and a severe labor shortage.」
The overall market was described as trending upward on public and select private investment, while soaring construction costs and a severe labor shortage continued. - FY2025-H1Housing increased, while non-residential and public works declinedAnnual report
「Meanwhile, in the construction industry, although new housing starts increased for the second consecutive month, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, declined substantially for the first time in 5 months, and public works contract values declined substantially for the second consecutive month.」
Housing starts increased, while indicators for private non-residential buildings and public works declined, resulting in divergent trends in construction demand. - FY2024Overall construction investment described as resilient on the back of public investmentAnnual report
「Meanwhile, in the construction industry, overall construction investment remained resilient, supported by firm public investment driven by the government's disaster prevention and mitigation and national resilience measures. However, the operating environment remained difficult because construction material prices remained elevated and labor supply and demand remained tight.」
Overall construction investment was described as resilient on the back of public investment, while elevated material prices and tight labor supply and demand continued to make conditions difficult. - FY2024-Q3Public works increase, while private non-residential construction and housing declineAnnual report
「Meanwhile, in the construction industry, although public works contract values increased substantially for the third consecutive month, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, declined substantially for the second consecutive month due to a reaction to the previous year's large-scale starts, and new housing starts declined for the sixth consecutive month.」
Public works increased, while private non-residential building construction and new housing declined, indicating divergent trends among demand indicators. - FY2024-Q2Non-residential construction increases, while housing and public works declineAnnual report
「Meanwhile, in the construction industry, new housing starts declined substantially for the third consecutive month, and public works contract values declined substantially for the first time in 2 months. However, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, increased substantially for the first time in 2 months.」
Private non-residential building floor area started increased, while new housing starts and public works contract values declined, indicating divergent trends among demand indicators. - FY2024-Q1Non-residential construction increases, while housing and public works declineAnnual report
「Meanwhile, in the construction industry, although the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, increased substantially for the first time in 4 months, new housing starts declined substantially for the first time in 2 months, and public works contract values declined substantially for the second consecutive month.」
Private non-residential building construction increased, while new housing and public works declined, indicating divergent trends among construction demand indicators. - FY2023-Q3Declining non-residential construction coexists with increases in housing and public worksAnnual report
「Meanwhile, in the construction industry, although the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, declined, new housing starts increased substantially for the first time in 3 months, and public works contract values also increased substantially for the first time in 4 months.」
Private non-residential building floor area started declined, while new housing starts and public works contract values increased, indicating mixed trends among private construction demand indicators. - FY2023-Q2WorsenedAnnual report
「Meanwhile, in the construction industry, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, declined substantially for the third consecutive month, new housing starts were broadly flat, and public works contract values declined substantially for the first time in 2 months.」
Following declines in private non-residential building floor area started and public works contract values, construction demand indicators showed signs of weakening. - FY2023-Q1MitigatedAnnual report
「Meanwhile, in the construction industry, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, increased substantially for the eighth consecutive month, while both new housing starts and public works contract values increased for the first time in 3 months.」
All demand indicators for private non-residential construction, housing and public works increased, indicating an improvement in the demand environment. - FY2022-Q3Non-residential construction and public works increase, while housing declinesAnnual report
「Meanwhile, in the construction industry, new housing starts declined substantially for the second consecutive month, while the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, increased substantially for the second consecutive month, and public works contract values also increased substantially for the first time in 2 months.」
Private non-residential building construction and public works increased, while new housing starts declined substantially, indicating divergent trends among demand indicators. - FY2022-Q2MitigatedAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, increased substantially for the second consecutive month, new housing starts increased for the first time in 2 months, and public works contract values also increased substantially for the sixth consecutive month.」
All indicators for private non-residential construction, housing and public works increased, indicating an improvement from the situation through the previous quarter, which included weakness across individual indicators. - FY2022-Q1Declines in non-residential construction coexist with increases in housing and public investmentAnnual report
「Meanwhile, in the construction industry, the floor area of privately owned non-residential buildings started, an indicator of private-sector capital investment, had declined substantially for 3 consecutive months, while new housing starts had increased substantially for 5 consecutive months and public works contract values had increased substantially for 4 consecutive months.」
Private non-residential building construction continued to decline, while new housing and public works increased, indicating divergent trends among demand indicators. - FY2021Firm public investment and declining private capital investment coexistAnnual report
「In the construction industry, public investment remained firm, while private capital investment continued to trend downward as companies maintained a cautious investment stance in light of economic conditions.」
Public investment was described as firm, while private capital investment continued to trend downward. - FY2021-Q3MitigatedAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started declined in the commercial sector for the first time in 5 months and declined substantially in the services sector for the sixth consecutive month, but increased substantially in the industrial sector for the first time in 12 months, resulting in an increase for all 3 sectors combined for the first time in 11 months.」
Weakness remained in the commercial and services sectors, but growth in the industrial sector resulted in an increase in private non-residential building floor area started for all 3 sectors combined for the first time in 11 months, with some indicators pointing to an improvement in private demand. - FY2021-Q2Non-residential construction and public works decline, while housing increasesAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, declined substantially for the eighth consecutive month, and public works contract values also declined substantially for the second consecutive month. New housing starts increased substantially overall for the first time in 3 months, as starts rose significantly across all categories except rental housing.」
Private non-residential building floor area started and public works declined, while overall new housing starts increased substantially, indicating divergent trends among demand indicators. - FY2021-Q1Non-residential construction continues to decline, but the decline narrows; housing and public works increaseAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, declined for the fifth consecutive month, although the decline narrowed substantially. New housing starts increased for the first time in 5 months, and public works contract values increased substantially for the second consecutive month.」
Private non-residential building floor area started continued to decline, but the decline narrowed. New housing starts and public works contract values increased. - FY2020-Q3Non-residential construction continues to decline, while housing and public works increaseAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, increased in the industrial sector for the third consecutive month, but declined substantially in both the commercial and services sectors for the second consecutive month, resulting in a substantial decline for all 3 sectors combined for the second consecutive month. New housing starts declined substantially in owner-occupied housing for the first time in 2 months, but increased substantially in both rental and for-sale housing for the second consecutive month, resulting in a substantial overall increase for the second consecutive month. Contract values for public works also increased substantially for the sixth consecutive month.」
Private non-residential building floor area started continued to decline for all 3 sectors combined, while overall new housing starts and public works contract values increased. Demand indicators showed divergent trends. - FY2020-Q2Non-residential construction continues to decline, while housing and public works increaseAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, increased substantially in the services sector for 6 consecutive months, but declined substantially in the industrial sector for the third consecutive month and declined substantially in the commercial sector, which remained at a low level, resulting in a decline for all 3 sectors combined for the third consecutive month. However, new housing starts declined in owner-occupied housing for 4 consecutive months and in for-sale housing for 2 consecutive months, but increased substantially in rental housing for the first time in 2 months, resulting in a substantial overall increase for the first time in 2 months. Contract values for public works also increased substantially for the third consecutive month.」
Private non-residential building floor area started continued to decline for all 3 sectors combined, while overall new housing starts and public works contract values increased. Demand indicators showed divergent trends. - FY2020-Q1Continued growth but lower levelsAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, declined substantially in the commercial sector for the first time in 2 months, but increased substantially in both the services and industrial sectors for the third consecutive month, resulting in an increase for all 3 sectors combined for the third consecutive month, although the level was significantly lower than in the previous year.」
Private non-residential building floor area started continued to increase for all 3 sectors combined, but the level was significantly below that of the previous year. - FY2019-Q3Non-residential construction increases, but housing declines substantiallyAnnual report
「New housing starts increased in owner-occupied housing for the first time in 2 months, but rental housing declined for 2 consecutive months and for-sale housing declined substantially for the first time in 5 months, both remaining at low levels, resulting in a substantial overall decline for 2 consecutive months.」
Private non-residential building floor area started increased for all 3 sectors combined for the first time in 3 months, while overall new housing starts declined substantially for the second consecutive month. - FY2019-Q2MitigatedAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, increased substantially in the industrial sector for 5 consecutive months and in the services sector for the first time in 6 months, while it increased in the commercial sector for 8 consecutive months, resulting in a substantial increase for all 3 sectors combined for the first time in 2 months. New housing starts decreased in rental housing for the first time in 2 months, but increased in owner-occupied housing for the first time in 2 months and in for-sale housing for 2 consecutive months, resulting in an overall increase for 2 consecutive months.」
Private non-residential building floor area started and new housing starts both increased overall, indicating an improvement in private construction demand. - FY2018MitigatedAnnual report
「Meanwhile, in the construction industry, private capital investment and public construction investment remained firm, but industry-wide efforts to implement work-style reforms are required as challenges such as shortages of skilled and technical construction workers and rising construction costs continue to expand.」
Private capital investment and public construction investment were described as firm, indicating an improvement in the demand environment from the previously sluggish and weakening trends. However, shortages of skilled workers and rising costs were also cited as challenges. - FY2018-Q3WorsenedAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, was high in the commercial sector but declined substantially in the industrial and services sectors, resulting in a decline for all 3 sectors combined for the first time in 3 months.」
Private non-residential building floor area started was high in the commercial sector, but substantial declines in the industrial and services sectors resulted in a decline for all 3 sectors combined for the first time in 3 months. - FY2018-Q2Private non-residential building floor area started rises substantially for the first time in 2 monthsAnnual report
「Meanwhile, in the construction industry, private non-residential building floor area started, an indicator of private capital investment, rose substantially for the first time in 2 months.」
Private non-residential building floor area started rose substantially, but no ongoing assessment of overall private construction demand, including other indicators, was provided. - FY2018-Q1WorsenedAnnual report
「Meanwhile, in the construction industry, new housing starts have recorded a substantial decline for 4 consecutive months.」
The disclosure states that new housing starts related to private construction demand recorded a substantial decline for 4 consecutive months. - FY2017Full-year levels remain low and lack strengthAnnual report
「Public investment remained sluggish, while private capital investment showed signs of recovery but lacked strength, leaving the situation difficult.」
While acknowledging a recovery in private demand, the disclosure states that it lacks strength over the full year and that conditions across the construction industry remain difficult. - FY2017-Q3Private demand remains on a recovery trend but at a low levelAnnual report
「Private non-residential building floor area started, an indicator of private capital investment, turned positive for the first time in 2 months, although it remained at a low level,」
Private non-residential building floor area started turned positive, although it was also described as remaining at a low level. - FY2017-Q2First statedAnnual report
「In the construction industry, private non-residential building floor area started has remained positive for 4 consecutive months, and new housing starts also significantly exceeded the previous year's level for the first time in 3 months.」
The disclosure describes improving trends in private non-residential building floor area started and new housing starts.