Tight Supply of Equipment and Skilled Workers and Rising Construction Costs
First written in FY2016. 15 of 25 entries say "Restated". Latest entry: FY2026.
Seikitokyu Kogyo moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 17 of 27 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, the outlook for the business environment has become uncertain due to factors including surging crude oil prices stemming from the recent situation in the Middle East. Challenges including a chronic labor shortage caused by the aging of engineers and declining participation by younger people have also become apparent.」
The surge in crude oil prices, together with the chronic labour shortage caused by the ageing of engineers and declining participation by younger people, has been explicitly identified as an issue that has emerged. - FY2026-H1RestatedAnnual report
「In the road construction industry, public investment remained solid. However, the business environment remained uncertain, as raw material and fuel prices continued to remain at high levels.」
With raw material and fuel prices remaining elevated, the company continues to view the business environment as challenging, including because of rising construction costs. - FY2025-H1WorsenedAnnual report
「In the road construction industry, construction investment was generally firm, but the business environment remained challenging, owing to the continued high prices of raw materials and the impact of rising labour costs, among other factors.」
In addition to the previously cited rise in raw material prices, the impact of rising labour costs has been explicitly noted, indicating that the challenge of higher construction costs persists. - FY2024WorsenedAnnual report
「In the road construction industry, construction investment is expected to remain firm as measures related to disaster prevention, disaster mitigation and national resilience are promoted, but many issues have also emerged, including rising costs, particularly labour costs, and an expected future shortage of workers,」
In addition to the previously cited increases in material prices and construction costs, rising labour costs and an expected future shortage of workers have been explicitly identified as issues. - FY2024-Q1RestatedAnnual report
「In the road construction industry, trends in construction tenders remained solid, supported by the government’s promotion of disaster prevention and mitigation and national resilience measures. However, the uncertain business environment continued, as raw material and fuel prices remained at high levels.」
Although construction orders remain firm, the risk of rising construction costs, with raw material and fuel prices remaining elevated, has been reaffirmed. - FY2023-Q3RestatedAnnual report
「In the road construction industry, trends in construction tenders remained solid, supported by expressway renewal projects and the government’s promotion of the “Five-Year Acceleration Plan for Disaster Prevention, Mitigation and National Resilience.” However, the business environment remained challenging, as soaring purchase prices for asphalt, a key material, and fuel prices weighed on performance.」
The continued surge in fuel prices, in addition to asphalt procurement prices, is explicitly noted, reaffirming the challenging business environment, including rising construction costs. - FY2023-Q2WorsenedAnnual report
「In the road construction industry, public investment remained solid, supported by disaster prevention and mitigation projects and national resilience measures. However, the business environment remained challenging, with purchase prices for asphalt, a key material, and fuel prices soaring.」
The surge in fuel prices, in addition to asphalt procurement prices, is explicitly noted, and the business environment is described as "still challenging." - FY2023-Q1RestatedAnnual report
「In the road construction industry, public investment remained solid, supported by disaster prevention and mitigation projects and national resilience measures. However, the business environment remained uncertain, as raw material prices, including asphalt, a key material, remained high.」
The continued high prices of raw materials, including asphalt, are still cited as a concern affecting the construction business. - FY2022WorsenedAnnual report
「Recently, the surge in production costs for asphalt mixtures due to high crude oil prices has continued unabated, making the pass-through of these increases to selling prices a major challenge.」
The continued surge in production costs due to high crude oil prices was explicitly identified, and passing the increases through to selling prices was identified as a challenge. - FY2022-Q3RestatedAnnual report
「In the road construction industry, public investment remained solid, supported by the government’s promotion of the “Five-Year Acceleration Plan for Disaster Prevention, Mitigation and National Resilience.” However, the business environment remained uncertain, as raw material prices, including asphalt, accelerated their upward trend.」
The company continues to identify rising raw material prices as a concern surrounding the construction business. - FY2020RestatedAnnual report
「In addition, tight supply and demand resulting from abrupt changes in demand trends and increases in equipment and material prices due to foreign exchange fluctuations are possible. Similarly, in the construction business, soaring equipment and material prices could reduce profit margins.」
The company continues to disclose the risk of higher costs and lower profit margins due to supply, demand and price trends for equipment and materials and foreign exchange fluctuations. - FY2020-Q1RestatedAnnual report
「In the road construction industry, construction demand remained solid, supported by disaster prevention and mitigation projects, national resilience measures and large-scale redevelopment projects in the Tokyo metropolitan area. However, the business environment remained uncertain, with many concerns, including fluctuations in raw material prices such as asphalt.」
While stating that construction demand is solid, the company discloses that concerns in the business environment, including fluctuations in raw material prices, persist. - FY2019RestatedAnnual report
「Over the medium to long term, there are many concerns, including uncertainty surrounding construction investment after the 2020 Tokyo Olympic and Paralympic Games, supply, demand and price trends for equipment and materials, and changes in the social structure resulting from the declining birthrate and aging population. The company recognizes that sufficient preparation for such environmental changes and prompt, flexible and appropriate responses are essential to securing stable and sustained earnings in the future.」
The company continues to identify construction investment after the Olympic Games, supply, demand and price trends for equipment and materials, and changes in the social structure resulting from the declining birthrate and aging population as medium- to long-term concerns. - FY2018ReframedAnnual report
「Over the medium to long term, there are many concerns, including uncertainty surrounding construction investment after the 2020 Tokyo Olympic and Paralympic Games, supply, demand and price trends for equipment and materials, and changes in the social structure resulting from the declining birthrate and aging population」
The company has reframed the previous description of tight supply and demand for equipment, materials and skilled workers and rising construction costs as medium- to long-term environmental changes, including supply, demand and price trends for equipment and materials and changes in the social structure resulting from the declining birthrate and aging population. - FY2018-Q3RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs」
The company continues to identify tight supply and demand for equipment, materials and skilled workers and rising construction costs as concerns. - FY2018-Q2RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs」
The company continues to identify tight supply and demand for equipment, materials and skilled workers and rising construction costs as concerns. - FY2018-Q1RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs」
The company continues to identify tight supply and demand for equipment, materials and skilled workers and rising construction costs as concerns. - FY2017RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, concerns remain, including tight supply and demand for skilled workers and equipment and materials and rising construction costs.」
While anticipating demand related to disaster prevention and mitigation projects and the Olympic Games, the company continues to be concerned about tight supply and demand for skilled workers and equipment and materials and rising construction costs. - FY2017-Q3RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs」
While anticipating demand from disaster prevention and mitigation projects and the Olympic Games, the company continues to be concerned about tight supply and demand for equipment, materials and skilled workers and rising construction costs. - FY2017-Q2RestatedAnnual report
「In the road construction industry, solid demand is expected over the next several years, supported by disaster prevention and mitigation projects and infrastructure development ahead of the Tokyo Olympic and Paralympic Games. At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs」
While anticipating demand from disaster prevention and mitigation projects and the Olympic Games, the company continues to be concerned about tight supply and demand for equipment, materials and skilled workers and rising construction costs. - FY2017-Q1RestatedAnnual report
「At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs,」
The company continues to identify tight supply and demand for equipment, materials and skilled workers and rising construction costs as concerns. - FY2016First statedAnnual report
「At the same time, there are many concerns, including tight supply and demand for equipment, materials and skilled workers and rising construction costs. In addition, public works spending is expected to decline gradually over the longer term, reflecting the fiscal conditions of the national and local governments. The company recognizes that sufficient preparation for changes in the business environment and prompt, appropriate responses are essential to securing stable and sustained earnings in the future.」
The company identifies tight supply and demand for skilled workers and equipment and materials, rising construction costs, and the long-term gradual decline in public works spending as concerns.