Work stoppages and schedule delays caused by difficulties procuring materials
First written in FY2022. 1 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 9 of 23 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「To further strengthen specific measures, we are analyzing and visualizing the risks and potential impact associated with materials procurement to raise employee awareness and promote targeted initiatives. We are also asking suppliers to strengthen their own supply chains, thereby broadening the scope of preparedness and working to enhance the resilience of the entire supply chain.」
Although the risk of a suspension in materials supplies remains, the company has moved toward visualizing risks and their impact and strengthening measures that include suppliers. - FY2024-Q1MaterialisedAnnual report
「Although profitability in the building construction business improved through the acquisition of additional and change-order work, orders declined due in part to prolonged negotiations over construction contracts caused by soaring materials prices.」
Soaring materials prices actually contributed to the decline in orders in the building construction business by prolonging negotiations over construction contracts. - FY2023-Q2WorsenedAnnual report
「However, the effects of global inflation, monetary tightening policies in various countries, geopolitical risks on raw material and materials prices and the supply chain, and the resurgence of COVID-19 remain matters requiring close monitoring.」
The effects of inflation, monetary tightening, geopolitical risks and the resurgence of infectious diseases on raw material and materials prices and the supply chain remain ongoing. - FY2023-Q1RestatedAnnual report
「The impact of financial and capital market fluctuations and heightened geopolitical tensions on raw material and construction material prices and supply chains continued to require close monitoring.」
The impact of geopolitical tensions and other factors on the supply chain continues to be monitored as an ongoing risk. - FY2022First statedAnnual report
「If procurement becomes difficult because suppliers are affected by extreme weather or social instability, including war, terrorism, infectious diseases and geopolitical risks, construction may be halted, potentially affecting the contractual construction period.」
For the first time, the risk that extreme weather, war, terrorism, infectious diseases and geopolitical risks may make materials difficult to procure, resulting in construction stoppages or project delays, is explicitly identified.