Business impact of shortages of qualified and skilled personnel and labor disputes
First written in FY2020. 6 of 11 entries say "Worsened", first in FY2024-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「The operating environment surrounding the construction industry is expected to remain one requiring careful assessment, owing to the worsening shortage of skilled construction workers and the burden of complying with regulations on overtime work.」
Regarding the risk of personnel shortages, the filing continues to identify the worsening shortage of skilled construction workers and the burden of complying with regulations on overtime work as significant factors in the business environment. - 2026-05-13WorsenedEarnings
「The construction industry is also expected to remain in a situation requiring careful assessment, due to the increasingly serious shortage of skilled construction workers and the burden of responding to regulations on overtime work.」
The worsening shortage of skilled workers and the burden of complying with overtime regulations are identified as continuing risks for the next fiscal year. - FY2026-H1WorsenedAnnual report
「Labour costs are expected to remain elevated because of measures to comply with regulations on overtime work that apply to the construction industry, the continuing labour shortage caused by the ageing of construction workers, and the rationalisation of labour costs following the decision under amendments to the Construction Business Act to formulate and recommend labour cost standards.」
The risk associated with shortages of qualified and skilled personnel has become more specific in the form of higher labour costs resulting from the ageing of construction workers, the continuing labour shortage, and measures to comply with regulations on overtime work. - FY2025-H1WorsenedAnnual report
「The company expects labour costs to remain elevated, as the shortage of workers may worsen in response to measures required by regulations on overtime work, which have applied to the construction industry since April 2024. There are also concerns that this could lead to construction schedule delays, and these factors could have a material impact on business performance.」
The filing states that the labour shortage could become more severe as a result of responding to regulations on overtime work effective from April 2024, and specifies the pathway from higher labour costs to construction schedule delays. - FY2024-Q3WorsenedAnnual report
「As the impact of COVID-19 has subsided and the economy has moved toward recovery, some companies that have been able to pass higher prices and labour costs on to customers are reporting record profits. However, as the economy and economic activity continue to expand, rising material prices, particularly the worsening shortage of workers in the construction business, could lead to higher construction costs and schedule delays, potentially having a material impact on business performance.」
The shortage of workers in the construction business is becoming more severe as the economy recovers, and the risk has been specified as leading to higher construction costs and schedule delays. - FY2024-Q2RestatedAnnual report
「Construction costs have continued to rise since fiscal 2021, due to globally higher material prices and increased labour costs caused by labour shortages」
The company has reaffirmed its previous recognition of the risk that labour shortages related to securing personnel lead to higher construction costs through increased labour costs. - FY2024-Q1WorsenedAnnual report
「In the construction industry, soaring material and energy prices and higher labour costs to secure personnel directly lead to higher construction costs」
The filing explicitly identifies higher labour costs associated with securing qualified and skilled personnel, specifying the burden of securing personnel that leads to higher construction costs. - FY2022-Q3RestatedAnnual report
「Meanwhile, addressing the chronic shortage of skilled workers continues to require industry-wide measures, including improving the status of skilled workers and using new technologies and ICT to improve productivity, and the company believes that these measures could become a factor affecting future business performance.」
The company has reaffirmed its view that the chronic shortage of skilled workers could affect future business performance. Measures cited include improving the status of skilled workers, raising productivity, and using new technologies and ICT. - FY2022-Q1RestatedAnnual report
「Meanwhile, addressing the continuing shortage of skilled workers requires industry-wide measures, including improving the status of skilled workers and using new technologies and ICT to raise productivity, and we believe that these measures could become a factor affecting future business performance.」
The company continues to identify the chronic shortage of skilled workers as an ongoing issue and has reaffirmed responses including improving the status of skilled workers, raising productivity, and using new technologies and ICT. - FY2021-Q1RestatedAnnual report
「Meanwhile, addressing the chronic shortage of skilled workers continues to require industry-wide measures, including improving the status of skilled workers and using new technologies and ICT to improve productivity,」
The chronic shortage of skilled and qualified personnel remains an ongoing issue, and the filing cites improving the status of skilled workers, raising productivity, and using new technologies and ICT as responses. - FY2020First statedAnnual report
「The Group's operations require personnel with various qualifications and skills, including national qualifications legally required in connection with the construction and operation of each project. However, it takes a considerable amount of time for Group employees to obtain the qualifications and skills required for their work」
The filing identifies for the first time as standalone risks insufficient staffing resulting from the time required to secure personnel with the necessary qualifications and skills, and labour disputes such as strikes.