Komori
Totetsu Kogyo (1835) · RiskMitigated

Shortages of Skilled Workers and Rising Labor and Material Costs

First written in FY2016. 24 of 29 entries say "Restated". Latest entry: FY2026.

29entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2020-Q1RestatedFY2021-Q1 – FY2026-H12016: 320162017: 420172018: 420182019: 320192020: 320202021: 220212022: 320222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies

The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.

4 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「While actively investing in human capital through wage increases to secure personnel for our group and its partner companies and training to help employees upgrade their skills, we will maintain and strengthen our construction capabilities and respond sincerely to requests from the supply chain to pass on price increases.」

    The disclosure explicitly stated that, in response to labor shortages and rising labor costs, the group will implement wage increases and training, strengthen its construction capabilities, and respond to requests to pass on increases in material and labor costs.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the major risks associated with shortages of skilled workers or rising labor and material costs.
  3. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  4. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  5. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  6. FY2024-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  7. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  8. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  9. FY2022RestatedAnnual report

    「Although concerns remain over the impact of surging material prices and other factors,」

    The disclosure continues to describe concerns over increases in raw material and material prices and the risk that these increases cannot be reflected in contract prices when prices surge.
  10. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor costs and material prices.
  11. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  12. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor costs and material prices.
  13. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  14. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor costs and material prices.
  15. FY2020ReframedAnnual report

    「Our group is working to mitigate the impact by collecting and analyzing information on market price trends for raw materials such as steel and introducing centralized purchasing. However, if sharp price increases make it difficult to reflect them in contract prices, they may affect our group's operating performance and financial condition.」

    The disclosure reorganized the previous combined description of shortages of skilled workers, labor costs and material costs into separate items covering surging material prices and securing human resources, and described measures such as centralized purchasing.
  16. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor costs and material prices.
  17. FY2019RestatedAnnual report

    「Meanwhile, as shortages of skilled workers and responding to work-style reform become urgent issues, the difficult operating environment is expected to continue, with concerns also remaining over renewed increases in labor costs and the prices of materials and equipment.」

    The disclosure continues to identify shortages of skilled workers, responses to work-style reform, and concerns over renewed increases in labor costs and the prices of materials and equipment.
  18. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  19. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  20. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  21. FY2018WorsenedAnnual report

    「Meanwhile, as shortages of skilled workers and responding to work-style reform become urgent issues, the difficult operating environment is expected to continue, with concerns also remaining over renewed increases in labor costs and the prices of materials and equipment.」

    In addition to shortages of skilled workers, the disclosure explicitly identified responding to work-style reform as an urgent issue, while concerns over renewed increases in labor costs and the prices of materials and equipment also remain.
  22. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  23. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  24. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  25. FY2017WorsenedAnnual report

    「In addition, the difficult operating environment is expected to continue, with concerns beginning to emerge over renewed increases in labor costs and the prices of materials and equipment, as well as shortages of skilled workers.」

    In addition to shortages of skilled workers, concerns were expressed over renewed increases in labor costs and the prices of materials and equipment.
  26. FY2017-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure stated that there had been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  27. FY2017-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  28. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The disclosure states that there have been no significant changes in the risks associated with shortages of skilled workers or rising labor and material costs.
  29. FY2016First statedAnnual report

    「Furthermore, the difficult operating environment is expected to continue, with concerns remaining over shortages of skilled workers and rising costs due to higher labor and material expenses.」

    Cost risks, including the cost of securing and developing human resources and sharp increases in the prices of raw materials such as steel.
Moved together

"Risk of Declines in Government Construction Investment and Total Construction Investment" moved the same way as this thread, in the same document, in 3 of its 29 moves.

322222★123456
  1. ★This thread
  2. 1Risk of Declines in Government Construction Investment and Total Construction Investment3×
  3. 2Establishing a Preparatory Framework for Large-Scale Shinkansen Renovation2×
  4. 3Risk of Securing and Developing Personnel Responsible for Railway Track Construction Technology2×
  5. 4Strengthening the Compliance and Risk Management Framework Across the Group2×
  6. 5Risk of Serious Construction Accidents and Defects in Completed Works2×
  7. 6Uncertainty over the outlook arising from overseas economic, financial-market and geopolitical risks2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Totetsu Kogyo yet.
News
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Shortages of Skilled Workers and Rising Labor and Material Costs | TOTETSU KOGYO CO.,LTD. (1835) | Komori