Intensifying competition for orders and rising material and labor costs
First written in FY2016. 7 of 21 entries say "Restated". Latest entry: 2026-08-12.
Japan Foundation Engineering moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- 2026-08-12RestatedEarnings
「Although public investment remained firm and private investment also showed signs of recovery, the business environment surrounding the industry remains challenging due to soaring construction material prices and labor costs, as well as the aging of construction workers and difficulties in securing human resources.」
The company continued to describe a challenging industry environment caused by high material prices and labor costs, an aging workforce and difficulties in securing personnel. - FY2026WorsenedAnnual report
「Meanwhile, shortages of skilled construction workers have become more severe, and the industry environment is expected to become increasingly challenging as labor costs continue to rise.」
In addition to the previous factors of rising material prices and labor costs, the company explicitly identifies the worsening shortage of skilled construction workers, explaining that industry conditions will become increasingly challenging. - 2026-05-14WorsenedEarnings
「The shortage of skilled construction workers is becoming increasingly serious, and labor costs continue to rise. We expect the business environment surrounding the industry to become increasingly challenging.」
The company explicitly identified the worsening shortage of skilled construction workers and continued increases in labor costs, presenting a more challenging view of the industry environment. - FY2026-H1RestatedAnnual report
「During this period, although public investment remained firm in Japan's construction industry, conditions surrounding the industry remained challenging due to soaring construction material prices and labor costs, as well as the aging of construction workers and difficulties in securing personnel.」
Although public investment remained firm, challenging industry conditions continued due to soaring material prices and labor costs, an aging workforce, and difficulties in securing personnel. - FY2025-H1RestatedAnnual report
「Meanwhile, the global economy remains uncertain due to concerns over a recession caused by persistently high global raw material prices and monetary tightening. During this period, although related public investment remained firm as measures were advanced in line with the basic policy for strengthening national resilience, conditions surrounding Japan's construction industry remained challenging due to soaring construction material prices and labor costs, as well as the aging of construction workers and difficulties in securing personnel.」
The company continues to describe the challenging business environment caused by soaring raw material prices, material prices and labor costs, an aging workforce, and difficulties in securing personnel. - FY2024WorsenedAnnual report
「Meanwhile, the industry environment is expected to become increasingly challenging due to factors including shortages of skilled construction workers, soaring construction material prices and labor costs, and the impact of applying regulations on overtime work.」
In addition to soaring material prices and labor costs, the company newly identifies shortages of skilled construction workers and the impact of applying regulations on overtime work, explaining that industry conditions will become increasingly challenging. - FY2024-Q3RestatedAnnual report
「Meanwhile, resource and energy prices have continued to rise, and the global economy remains uncertain regarding its outlook.」
The company continues to describe soaring resource and energy prices and uncertainty over the outlook for the global economy. - FY2024-Q2WorsenedAnnual report
「During this period, measures in line with the basic policy on national resilience advanced in Japan's construction industry and related public investment remained firm, but the order environment remained difficult due to soaring construction material prices and labor costs, as well as the aging of construction workers and difficulties securing personnel.」
In addition to soaring material prices and labor costs, the company explicitly identifies the aging of construction workers and difficulties in securing personnel as new factors contributing to a challenging order environment. - FY2024-Q1WorsenedAnnual report
「However, due to the prolonged situation in Russia and Ukraine, resource and energy prices have continued to rise, and the global economy remains in a challenging situation with an unpredictable outlook.」
In addition to the previous factors of raw material prices and supply constraints, the company describes the prolonged situation in Russia and Ukraine and the continued rise in resource and energy prices. - FY2023ReframedAnnual report
「Regarding the outlook, although the impact of COVID-19 is subsiding, the business environment is expected to remain challenging due to factors including soaring material prices resulting from the situation in Russia and Ukraine and the need to respond to work-style reform.」
In addition to the previous factors of raw material prices, supply constraints and yen depreciation, the company explicitly identifies the need to respond to work-style reform as a factor contributing to the challenging business environment. - FY2023-Q3ReframedAnnual report
「However, global monetary tightening and exchange-rate conditions characterized by continued yen depreciation have created a challenging business environment, including downside risks to the economy due to rising raw material prices and supply constraints. Accordingly, the outlook remains unpredictable.」
In addition to the previous factors of rising raw material prices, supply constraints and yen depreciation, the company explicitly identifies global monetary tightening as a factor contributing to the challenging business environment, thereby reframing the risk factors. - FY2023-Q2ReframedAnnual report
「However, the rapid depreciation of the yen has created a challenging business environment, including downside risks to the economy due to rising raw material prices and supply constraints. Accordingly, the outlook remains unpredictable.」
In addition to rising raw material prices and supply constraints, the company explicitly identifies the rapid depreciation of the yen as a factor contributing to the challenging business environment. - FY2023-Q1ReframedAnnual report
「However, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, a challenging business environment continues, including downside risks to the economy due to rising raw material prices and supply constraints, and conditions remain unpredictable.」
In addition to the previous wording on competition for orders and rising material and labor costs, the company has reframed the challenging business environment to include the prolonged situation in Ukraine, restrictions on economic activity in China, rising raw material prices and supply constraints. - FY2022ReframedAnnual report
「Private-sector construction is expected to face even more challenging conditions than in the current period, including deteriorating construction profitability due to the impact of the spread of COVID-19, soaring material prices, and higher wages accompanying progress on work-style reform.」
In addition to the previous factors of rising material and labor costs, the company has reframed the challenging environment for private-sector construction to include infectious disease, higher material prices, wage increases accompanying work-style reform, and deteriorating construction profitability. - FY2022-Q3ReframedAnnual report
「In addition, the outlook remained uncertain due to factors including soaring crude oil prices and inflation caused by insufficient supply.」
In addition to the previous factors of shortages of skilled workers and rising labor costs, the company identifies soaring crude oil prices and inflation caused by insufficient supply as factors making the outlook uncertain. - FY2020ReframedAnnual report
「In addition to US-China trade friction, concerns over an economic slowdown caused by the spread of COVID-19, declining production capacity due to shortages of skilled workers, and rising labor costs persisted over the long term, and conditions remained uncertain.」
The company has reframed the factors behind the challenging earnings environment, moving from the previous wording on competition for orders and rising material and labor costs to lower production capacity due to shortages of skilled workers, higher labor costs, and concerns over an economic slowdown caused by the spread of infectious disease. - FY2018DroppedAnnual report
「In Japan's construction industry, urban redevelopment and infrastructure projects ahead of the Olympic Games and private-sector capital investment grew steadily, while the industry also made substantial progress supported by public investment, including earthquake-reconstruction projects.」
The standalone disclosures through the previous quarter on intensifying competition for orders and rising material and labor costs could not be confirmed in the current fiscal year's business and other risk disclosures or performance commentary. - FY2017-Q3RestatedAnnual report
「During this period, material and labor costs continued to rise in the construction industry, but the industry remained firm, supported by domestic construction investment.」
The company explains that material and labor costs continue to rise. Meanwhile, it states that the construction industry remained firm, supported by domestic construction investment. - FY2017-Q2RestatedAnnual report
「During this period, the construction industry took a cautious stance amid a trend toward lower public investment and stagnant private-sector capital investment. Conditions also remained challenging as competition for orders intensified and material and labor costs rose.」
The company explains that intensifying competition for orders and rising material and labor costs continue to create a challenging business environment. - FY2017-Q1RestatedAnnual report
「During this period, the construction industry took a cautious stance amid a trend toward lower public investment and stagnant private-sector capital investment. Conditions also remained challenging as competition for orders intensified and material and labor costs rose.」
The company explains that intensifying competition for orders and rising material and labor costs continue to create a challenging business environment. - FY2016First statedAnnual report
「The earnings environment is expected to remain challenging due to the overall downward trend in public works, intensifying competition for orders, and rising material and labor costs.」
The company identifies the downward trend in public works, intensifying competition and rising material and labor costs as factors making the earnings environment challenging.