Chronic Labor Shortages, Higher Labor Costs and Surging Material Prices
First written in FY2016. 20 of 32 entries say "Restated". Latest entry: 2026-08-05.
Daisue Construction moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 17 of 27 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「当建設業界では、建設資材の価格が依然として高水準で推移するとともに、労働者不足が慢性的な課題となっておりますが、公共投資や民間設備投資などの需要は引き続き堅調に推移しております。」
建設資材価格が依然として高水準で、労働者不足が慢性的な課題であるとの記載を継続している。 - FY2026WorsenedAnnual report
「In addition to persistently high energy and material prices, a challenging business environment is expected to continue due to rising labor costs and the worsening shortage of skilled workers.」
In addition to the previous concerns about soaring material prices, rising wages and labor shortages, the worsening shortage of skilled workers is explicitly identified, and the challenging environment is expected to continue. - 2026-05-12WorsenedEarnings
「エネルギー価格や資材価格の高止まりに加え、労務費の上昇および技能労働者不足の深刻化等により、引き続き厳しい事業環境の継続が見込まれ、工事採算確保の重要性は一層高まっております。」
資材価格高騰や労働者不足に加え、労務費上昇と技能労働者不足の深刻化を明示し、厳しい事業環境と工事採算確保の重要性を引き続き強調している。 - FY2025-H1RestatedAnnual report
「Public investment remained solid and private capital investment showed signs of recovery, but difficult business conditions continued due to soaring construction material prices, rising labor costs and labor shortages.」
Soaring material prices, rising workers’ wages and labor shortages continue to be cited as areas of concern for the construction industry. - FY2024-Q2WorsenedAnnual report
「The impact on the economy of persistently high energy and raw-material prices, as well as further increases in labor costs, also requires continued monitoring.」
In addition to the previous concerns about soaring and scarce construction materials, persistently high energy and raw-material prices and the impact on the economy of further increases in labor costs are explicitly identified. - FY2024-Q1RestatedAnnual report
「The construction industry continues to face difficult conditions due to soaring construction material prices and shortages caused by inflation and other factors.」
Concern about the cost environment resulting from soaring and scarce construction materials continues to be expressed. No new losses or specific impact on business performance are described. - FY2023Explicit material-price risk and measures to pass through costsAnnual report
「Because construction projects extend over long periods, if labor costs and material prices rise substantially from the planning and estimating stages and it becomes difficult to pass those increases on to customers, construction costs may rise and affect business performance and other factors.」
The previous concern about soaring material prices has been organized as the risk that labor costs and material prices may rise during long-term projects, that passing these increases on to customers may be difficult, and that construction costs may rise. Response measures explicitly include incorporating the increases into costs and confirming negotiations to pass them on at the contract stage. - FY2023-Q3RestatedAnnual report
「The construction industry continues to face difficult conditions due to soaring construction material prices and shortages caused by inflation and other factors.」
Soaring and scarce construction materials due to inflation and other factors, along with the resulting challenging environment, continue to be cited. - FY2023-Q2WorsenedAnnual report
「The construction industry continues to face a challenging environment due to soaring and scarce construction materials resulting from accelerating inflation.」
In addition to soaring construction-material prices, material shortages are explicitly identified, broadening the concerns related to materials. - FY2023-Q1WorsenedAnnual report
「The construction industry continues to face a challenging environment, including soaring construction-material prices caused by the weaker yen and accelerating inflation.」
In addition to the previous concerns about persistently high construction-material prices and shortages, soaring material prices caused by the weaker yen and accelerating inflation are explicitly identified, broadening the cost-related concerns. - FY2022-Q3WorsenedAnnual report
「Public investment remained at a high level and housing construction was broadly flat, although concerns continued over elevated construction material prices, material shortages and the impact of the pandemic on employment conditions.」
In addition to the previous concern about soaring construction-material prices, persistently high prices and material shortages are explicitly identified, broadening the concerns related to materials. - FY2022-Q2WorsenedAnnual report
「Public investment remained resilient and housing construction showed signs of recovery, although concerns continued over soaring construction material prices and the impact of the pandemic on employment conditions.」
In addition to the previous concern about the impact of infectious diseases on construction costs and employment conditions, soaring construction-material prices are explicitly identified. - FY2022-Q1RestatedAnnual report
「Public investment and housing construction remained resilient in the construction industry, although concerns continued over the impact of the pandemic on construction costs and employment conditions.」
The impact of infectious diseases on construction costs and employment conditions continues to be cited as an area of concern. No specific losses resulting from labor shortages or soaring material prices are indicated. - FY2021Formalization of construction skilled-labor shortage risk and specification of mitigation measuresAnnual report
「We will systematically secure construction engineers and skilled workers. However, if prolonged working hours lead to an outflow of personnel or the supply-demand balance for construction engineers and skilled workers becomes sharply tighter, making it difficult to secure the required workforce, business performance and other factors could be affected by lost order opportunities and construction delays caused by labor shortages.」
The previous concern about labor shortages has been specified as risks involving a tightening supply-demand balance for construction engineers and skilled workers, personnel outflows, lost order opportunities and construction delays. Securing skilled workers through partner companies and others is indicated as a response measure. - FY2021-Q3RestatedAnnual report
「Public investment is progressing solidly in the construction industry, but housing construction remains weak, and concerns continue over the impact of the pandemic on construction costs and employment conditions.」
The company continues to express concern about the impact of COVID-19 on construction costs and employment conditions. No specific losses or impact on business performance are indicated. - FY2021-Q2Continued pandemic impact on construction costs and employment conditionsAnnual report
「Public investment is progressing solidly in the construction industry, but housing construction is expected to remain weak, and concerns continue over the impact of the pandemic on construction costs and employment conditions.」
The description has shifted from the previous quarter’s statement that construction costs were declining to an expression of concern about the impact of infectious diseases on construction costs and employment conditions. - FY2021-Q1Employment concerns from the pandemic and falling construction costsAnnual report
「Construction costs declined, while concern continued over the impact of infectious diseases on employment conditions, including the working-age population and the number of employed people.」
The description has shifted from concerns about rising labor costs and soaring material prices to declining construction costs, while expressing concern about the impact of infectious diseases on employment conditions, including the working-age population and the number of employed people. - FY2020-Q3RestatedAnnual report
「During this period, public investment remained solid, while housing construction was soft, and concerns over construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as matters of concern. No specific losses or impact on business performance are indicated. - FY2020-Q2RestatedAnnual report
「During this period, housing construction had recently softened, while public investment was becoming more resilient, and concerns over construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as matters of concern. No specific losses or impact on business performance are indicated. - FY2020-Q1RestatedAnnual report
「During this period, housing construction was broadly flat and public investment had recently been resilient, although concerns over construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as matters of concern. There is no statement that they have actually affected business performance. - FY2019RestatedAnnual report
「Although construction costs are expected to rise as a result of higher material prices and labor costs and tighter labor conditions associated with projects related to the Tokyo Olympics, redevelopment in the Greater Tokyo area and the Osaka Expo, we expect the order environment to remain firm.」
The company continues to express concern about soaring material and labor costs, tight labor conditions and rising construction costs. It does not state that these risks have actually affected business performance. - FY2019-Q3RestatedAnnual report
「During this period, housing construction remained broadly flat in the construction industry, while public investment had recently weakened and concerns regarding construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as areas of concern. No specific losses or impact on business performance are indicated. - FY2019-Q2RestatedAnnual report
「During this period, public investment remained resilient in the construction industry, but concerns regarding construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as areas of concern. No specific deterioration or impact on business performance is described. No statistical quantification is provided, and no realization of these risks is indicated. - FY2019-Q1RestatedAnnual report
「Public investment remained resilient, but concerns regarding construction cost trends and labor shortages continued.」
Trends in construction costs and labor shortages continue to be cited as areas of concern. No specific deterioration or impact on business performance is described. - FY2018-Q3RestatedAnnual report
「During this period, public investment remained resilient in the construction industry, although shortages of construction workers and construction cost trends continued to require close monitoring.」
Shortages of construction workers and trends in construction costs continue to be described as areas of concern requiring monitoring. No specific deterioration or impact on business performance is indicated. - FY2018-Q2RestatedAnnual report
「During this period, public investment remained robust in the construction industry, but concerns continued regarding construction cost trends and labor shortages.」
Trends in construction costs and labor shortages continue to be cited as areas of concern. No specific deterioration or impact on business performance is described. - FY2018-Q1RestatedAnnual report
「During this period, although concerns remained regarding construction cost trends and shortages of construction workers, public investment was becoming more resilient and conditions in the construction industry were generally stable.」
The company continues to cite trends in construction costs and shortages of construction workers as areas of concern, but does not describe any specific deterioration or occurrence. - FY2017RestatedAnnual report
「Meanwhile, given higher labor costs resulting from chronic labor shortages and soaring prices for certain materials, the environment surrounding the construction industry cannot necessarily be considered optimistic.」
Labor shortages, rising labor costs and soaring material prices continue to be cited as areas of concern for the construction industry. - FY2017-Q3RestatedAnnual report
「During this period, although trends in construction costs and shortages of construction workers remained areas of concern, conditions across the construction industry remained generally stable.」
The company states that trends in construction costs and shortages of construction workers remain areas of concern, while conditions across the industry continue to be stable. - FY2017-Q2RestatedAnnual report
「Although trends in construction costs and shortages of construction workers remain sources of uncertainty, conditions remained stable overall.」
Shortages of construction workers and trends in construction costs continue to be recognized as sources of uncertainty. At the same time, the company states that conditions remained stable. - FY2017-Q1RestatedAnnual report
「During this period, housing construction showed signs of recovery in the construction industry, while public investment declined moderately. The environment remained one in which continued attention was required regarding trends in construction costs and other factors.」
The company indicates that trends in construction costs require continued monitoring. No specific changes in labor shortages or soaring material prices are described. - FY2016First statedAnnual report
「Meanwhile, given higher labor costs resulting from chronic labor shortages and increases in the prices of certain materials, the environment surrounding the construction industry cannot be described as optimistic.」
Higher labor costs caused by labor shortages and rising material prices are identified as major risks surrounding the construction business.