Significant Decline in Skilled Construction Workers
First written in FY2020. 2 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2025.
The whole theme swung hardest in 2025: 20 of 76 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「We are introducing and expanding the use of work robots and other equipment to reduce labor requirements and maintain quality at construction sites, and promoting 4-week, 8-day site closures to reduce the labor burden on skilled workers.」
The company expanded its response to the decline in skilled construction workers to 11 measures, including improved treatment, training for skilled workers, DX, prefabrication, standardization, work robots, and 4-week, 8-day site closures. - FY2022MitigatedAnnual report
「Since fiscal 2021, we have promoted a 4-week, 8-day-off schedule at all sites. In addition, to ensure thorough labor management at construction sites, we support business partners in joining Green Site and manage workers’ entry to and departure from sites through the Construction Career Advancement System.」
As measures against the risks of declining and aging skilled construction workers, the company specified a 4-week, 8-day-off schedule at all sites, digitalization of labor management, and training and improved treatment for skilled workers. - FY2022-Q3RestatedAnnual report
「Even over the medium to long term, we will need to continue addressing the decline in new housing starts resulting from a decrease in the number of households in Japan, as well as shortages of workers caused by population aging and other factors.」
The company continued to identify the decline in housing starts due to a decrease in the number of households and worker shortages due to population aging and other factors as medium- to long-term issues. - FY2022-Q1WorsenedAnnual report
「Meanwhile, conditions that cannot be viewed optimistically, including the wood shock triggered by increased housing demand in the United States and soaring steel prices, are expected to continue for the time being. Over the medium to long term, we will need to continue addressing the decline in new housing starts resulting from a decrease in the number of households, as well as labor shortages caused by population aging and other factors.」
The company continued to identify labor shortages in the construction industry due to population aging and other factors as an issue, and stated that labor shortages accompanying the buoyant housing market and other effects constituted constraints on business operations. - FY2020First statedAnnual report
「There are also forecasts that the number of skilled construction workers engaged in building construction will decline by approximately 60%.」
Regarding labor shortages in the construction industry, the company identified as a new risk a forecast that the number of skilled construction workers would decline by approximately 60% over the next 10 years.