Solid order environment supported by high levels of public investment and rising private-sector capital investment
First written in FY2016. 20 of 30 entries say "Restated". Latest entry: 2026-08-06.
Sata Construction 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 2020: 4 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The construction industry is on an upward trend, supported by stable public investment and recovering private-sector capital investment. On the supply side, however, a challenging business environment is expected to continue due in part to soaring construction-material prices, tight labor supply and demand, and the need to comply with regulations capping overtime work in the construction industry.」
While maintaining the view that demand will increase on the back of stable public investment and recovering private-sector capital investment, the note continues to describe supply-side constraints arising from material prices, labor supply and demand, and the need to comply with overtime work limits. - FY2025Results showing demand growth coexisting with supply-side constraintsAnnual report
「The construction industry was on an upward trend, supported by stable public investment and recovering private-sector capital investment. On the supply side, however, the business environment was challenging due in part to soaring construction-material prices, tight labor supply and demand, and the need to comply with regulations capping overtime work in the construction industry.」
While the results describe an upward trend in demand driven by public and private-sector capital investment, they also state that supply-side constraints continued due to material prices, labor supply and demand, and the need to comply with overtime work limits. - FY2024-Q3Recovery in private-sector capital investment coexisting with supply-side constraintsAnnual report
「The construction industry is on an upward trend, supported by stable public investment and recovering private-sector capital investment. On the supply side, however, a challenging business environment is expected to continue due in part to soaring construction-material prices, tight labor supply and demand, and the need to comply with regulations capping overtime work in the construction industry.」
While the description changed from the previous tendency to postpone private-sector capital investment to one indicating recovery and an upward trend, material prices, labor supply and demand, and compliance with overtime work limits were added as factors contributing to supply-side constraints. - FY2024-Q1RestatedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is showing signs of postponement due in part to soaring raw-material prices. Uncertainty is also expected to continue because of the need to secure construction engineers and skilled workers and rising labor and raw-material costs.」
The note continues to cite firm public investment alongside postponed private-sector capital investment, the need to secure workers, and uncertainty arising from rising labor and raw-material costs. - FY2023RestatedAnnual report
「In the construction industry, public investment remained firm, but private-sector capital investment showed signs of postponement due in part to soaring raw-material prices. The business environment remained challenging because of the need to secure construction engineers and skilled workers and rising labor and raw-material costs.」
The note continues to describe the challenging order environment in the fiscal-year results, with firm public investment coexisting with postponed private-sector capital investment, the need to secure workers, and rising labor and raw-material costs. - FY2023-Q3WorsenedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is showing signs of postponement due in part to soaring raw-material prices. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While maintaining the view that public investment will remain firm, the note explicitly cites the tendency to postpone private-sector capital investment because of soaring raw-material prices and continues to cite uncertainty in the order environment. - FY2023-Q1WorsenedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is showing signs of postponement due in part to soaring raw-material prices. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While public investment is expected to remain firm, the note newly cites the tendency to postpone private-sector capital investment because of soaring raw-material prices, indicating greater uncertainty in the order environment. - FY2022WorsenedAnnual report
「In the construction industry, public construction investment remained relatively solid, but the business environment remained challenging because private-sector capital investment was affected by voluntary restraints on economic activity to prevent the spread of COVID-19.」
While maintaining the view that public construction investment would remain solid, the note describes the challenging environment in the construction industry as reflected in results, due to the impact of the pandemic on private-sector capital investment. - FY2022-Q3RestatedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is expected to remain uncertain due to concerns over the impact of COVID-19. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While maintaining the view that public investment will remain firm, the note continues to cite uncertainty arising from the impact of the pandemic on private-sector capital investment, securing workers, and rising labor and raw-material costs. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal period, Japan's economy remained uncertain as restrictions on economic activity and sluggish personal consumption continued due to the impact of COVID-19. Although some signs of recovery were seen, including progress in vaccinations, the emergence of highly infectious variants and the reissuance of a state of emergency declaration caused the economy to remain uncertain.」
The note cites restrictions on economic activity and sluggish personal consumption, as well as highly infectious variants and the reissuance of a state of emergency declaration, and describes uncertainty in the economic environment. - FY2021RestatedAnnual report
「In the construction industry, public construction investment remained relatively solid, but the business environment remained challenging because private-sector capital investment was affected by voluntary restraints on economic activity to prevent the spread of COVID-19, as well as by the reactionary decline following the consumption tax increase.」
The note describes public investment as relatively solid, while stating that the challenging environment in the construction industry continued because of weak private-sector capital investment and the reactionary decline following the consumption tax increase. - FY2021-Q3RestatedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is expected to remain uncertain due to concerns over the impact of COVID-19. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While maintaining the view that public investment will remain firm, the note continues to cite uncertainty arising from the impact of COVID-19 on private-sector capital investment, securing workers, and rising labor and raw-material costs. - FY2021-Q2RestatedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is expected to remain uncertain due to concerns over the impact of COVID-19. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While maintaining the view that public investment will remain firm, the note continues to cite uncertainty arising from the impact of COVID-19 on private-sector capital investment, securing workers, and rising labor and raw-material costs. - FY2021-Q1WorsenedAnnual report
「In the construction industry, public investment is expected to remain firm, but private-sector capital investment is expected to remain uncertain due to concerns over the impact of COVID-19. Uncertainty is also expected to continue because of concerns over securing construction engineers and skilled workers and rising labor and raw-material costs.」
While maintaining the view that public investment will remain firm, the note explicitly cites concerns over the impact of COVID-19 on private-sector capital investment and continues to describe uncertainty in the industry environment. - FY2020WorsenedAnnual report
「In the construction industry, public investment remained firm, but private-sector capital investment was sluggish due to the reaction to front-loaded demand before the consumption tax increase and the impact of COVID-19. The business environment remained challenging and uncertain because of labor shortages and rising construction costs.」
While public investment remained firm, the note adds the reaction to the consumption tax increase and COVID-19 as factors behind the weakness in private-sector capital investment, and describes a challenging environment alongside labor shortages and rising construction costs. - FY2020-Q3RestatedAnnual report
「In the construction industry, public investment is expected to remain solid and private-sector capital investment is also expected to remain at a certain level as corporate earnings improve, but securing construction engineers and skilled construction workers has become a challenge. In addition, uncertainty is expected to persist due to concerns over higher labor and raw material costs and a contraction in the construction market after the Tokyo Olympics, among other factors.」
Maintains a certain level of expectation for public investment and private-sector capital investment, while also citing concerns over labor shortages, labor and raw-material costs, and the shrinking construction market. - FY2020-Q2RestatedAnnual report
「In the construction industry, public investment is expected to remain solid and private-sector capital investment is also expected to remain at a certain level as corporate earnings improve, but securing construction engineers and skilled construction workers has become a challenge. In addition, uncertainty is expected to continue due to concerns over higher labor and raw material costs, among other factors.」
The company maintains a degree of optimism regarding public and private-sector capital investment while also noting uncertainty caused by a shortage of workers and rising labor and raw material costs. - FY2020-Q1RestatedAnnual report
「In the construction industry, public investment is expected to remain solid and private-sector capital investment is also expected to remain at a certain level as corporate earnings improve, but securing construction engineers and skilled construction workers has become a challenge. In addition, uncertainty is expected to continue due to concerns over higher labor and raw material costs, among other factors.」
The company maintains a degree of optimism regarding public and private-sector capital investment while also noting uncertainty caused by a shortage of workers and rising labor and raw material costs. - FY2019RestatedAnnual report
「In the construction industry, public investment is expected to remain solid and private-sector capital investment is also expected to remain on an upward trend as corporate earnings improve, but securing construction engineers and skilled construction workers has become a challenge. In addition, uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company maintains its positive view of the order environment supported by public and private-sector capital investment, while identifying a shortage of workers and labor and raw material costs as sources of uncertainty. - FY2019-Q3RestatedAnnual report
「Although the order environment in the construction industry remains solid, uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company maintains its view that the order environment is solid while also noting uncertainty caused by concerns over higher labor and raw material costs. - FY2019-Q1RestatedAnnual report
「In the construction industry, public investment is expected to remain at a high level and private-sector capital investment is also expected to remain solid, but uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company continues to describe a degree of optimism regarding the order environment supported by public and private-sector capital investment, alongside continued uncertainty. - FY2018RestatedAnnual report
「In the construction industry, public investment is expected to remain at a high level and private-sector capital investment is also expected to remain solid, supported by improved corporate earnings, but uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company continues to describe a degree of optimism regarding the order environment supported by public and private-sector capital investment, alongside continued uncertainty. - FY2018-Q2RestatedAnnual report
「In the construction industry, private-sector capital investment remains on an upward trend and government public investment is also expected to increase, but uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company expects uncertainty in the order environment to continue, despite the upward trend in private-sector capital investment and the expected increase in public investment. - FY2018-Q1RestatedAnnual report
「In the construction industry, private-sector capital investment remains on an upward trend and public investment is expected to receive a boost from supplementary budgets and other measures, but uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company expects uncertainty in the order environment to continue, despite the upward trend in private-sector capital investment and the boost expected from public investment. - FY2017RestatedAnnual report
「In the construction industry, the order environment remained solid as public investment stayed at a high level and private-sector capital investment showed signs of recovery, although higher labor and raw material costs were a concern.」
The company continues to view the order environment as solid, supported by sustained high public investment and a recovery in private-sector capital investment. - FY2017-Q3RestatedAnnual report
「Although the order environment in the construction industry remains solid, uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company maintains its view that the order environment is solid while also noting uncertainty caused by concerns over higher labor and raw material costs. - FY2017-Q2RestatedAnnual report
「Although the order environment in the construction industry remains solid, uncertainty is expected to persist due to concerns over higher labor and raw material costs, among other factors.」
The company maintains its view that the order environment is solid while also noting continued uncertainty. - FY2016First statedAnnual report
「Although public investment is on a gradual declining trend, it remains at a high level, while private-sector capital investment continues to increase. The order environment is therefore expected to remain solid.」
The company expects the order environment in the construction industry to remain solid, supported by public investment and private-sector capital investment.