Soaring construction material prices
First written in FY2016. 21 of 29 entries say "Restated". Latest entry: 2026-05-13.
The Kodensha moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 31 of 48 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2024-Q2RestatedAnnual report
「During the first 2 quarters of the current fiscal year, the market environment surrounding our group remained generally firm, despite persistently high material and equipment prices, supported by the recovery in private-sector construction investment and companies' willingness to invest in capital equipment.」
While equipment and material prices remain elevated, no new specific losses due to price increases are reported. Awareness of material price risk continues. - FY2023RestatedAnnual report
「The Group continuously monitors domestic and overseas raw material prices, construction material price trends and delivery lead times for made-to-order products. It also seeks to reduce risk through effective price stabilization measures, including centralized purchasing by its materials division.」
The risk of a sharp increase in construction material prices continues, with monitoring of raw material and construction material prices and delivery lead times, as well as centralized purchasing, serving as countermeasures. - FY2023-Q3WorsenedAnnual report
「During the first 3 quarters of the current fiscal year, the market environment surrounding our group remained uncertain. There were positive signs, including a solid recovery in private-sector construction investment and the crystallization of large-scale redevelopment and renovation projects, but energy prices rose due to geopolitical risks, material and component prices increased as the yen weakened, and delivery problems caused by disruptions in parts of the supply chain continued for longer.」
Surging energy prices and materials and component prices due to geopolitical risks and the yen's depreciation have continued, and the external environment for construction material price increases is described as challenging. - FY2023-Q1WorsenedAnnual report
「Surging prices for materials and components due to higher crude oil prices and the yen's depreciation, together with supply constraints caused by the semiconductor shortage, continued, resulting in an overall difficult environment.」
The Group states that surging materials and component prices due to higher crude oil prices and the yen's depreciation have continued, together with supply constraints caused by the semiconductor shortage. The external environment for construction material and component prices and supply has become more challenging than before. - FY2022WorsenedAnnual report
「The market environment surrounding the Group is expected to recover gradually due to the establishment of the so-called "with COVID-19" way of life, the effects of the government's national resilience measures and major projects in the Tokyo metropolitan area. However, the risk of lower profits due to constraints on the supply of materials and components associated with the prolonged impact of the COVID-19 pandemic and surging raw material prices remains, while uncertainties with a significant impact on the international and domestic economies, including the situation in Ukraine, have also materialized. Accordingly, a full economic recovery is expected to take years.」
The Group states that risks of lower profits due to constraints on the supply of materials and components and surging raw material prices remain, and that uncertainties including the situation in Ukraine have also materialized. The external environment for construction material price risk has become more challenging than before. - FY2022-Q3RestatedAnnual report
「If the impact of the COVID-19 pandemic is prolonged further, construction work may be suspended or postponed due to extended delivery times for materials and other factors, delaying the recovery of socioeconomic activity. In this case, together with higher labor costs caused by the labor shortage and surging material prices due to higher copper prices, conditions could diverge from the assumptions underlying the estimates above, affecting the Group's results and financial condition.」
The Group continues to report the risks of higher labor costs due to the labor shortage and surging material prices due to higher copper prices. The possibility of extended delivery times for materials and construction work being suspended or postponed is also noted. - FY2022-Q2RestatedAnnual report
「However, in addition to higher labor costs caused by the labor shortage and surging material prices due to higher copper prices, a resurgence of COVID-19 infections could cause conditions to diverge from the assumptions above, and the suspension or postponement of construction work could affect the Group's results and financial condition.」
The Group continues to report higher labor costs due to the labor shortage, surging material prices due to higher copper prices, and the possibility of construction work being suspended or postponed due to a resurgence of infections. - FY2022-Q1RestatedAnnual report
「However, in addition to higher labor costs caused by the labor shortage and surging material prices due to higher copper prices, the timing of the end of the COVID-19 pandemic remains uncertain. If construction work is suspended or postponed and conditions diverge from the assumptions above, this could affect the Group's results and financial condition.」
The Group continues to report the possibility of higher labor costs due to the labor shortage, surging material prices due to higher copper prices, and construction work being suspended or postponed due to the pandemic. - FY2021MaterialisedAnnual report
「Various adverse effects have materialized or are a concern, including higher labor costs due to the labor shortage and surging material prices due to higher copper prices.」
The Group states that the surge in construction material prices due to higher copper prices has materialized as an adverse effect on the industry. Mitigation measures such as centralized purchasing for price risk remain in place. - FY2021-Q3RestatedAnnual report
「The industry is also facing difficult conditions, with the impact of the COVID-19 pandemic in addition to higher labor costs caused by the labor shortage and persistently high construction equipment and material prices.」
The Group continues to report persistently high construction equipment and material prices. The impact of the COVID-19 pandemic is also noted, but no specific loss amount resulting from a sharp increase in material prices is indicated. - FY2021-Q2RestatedAnnual report
「The industry is also facing difficult conditions, with the impact of the COVID-19 pandemic in addition to higher labor costs caused by the labor shortage and persistently high construction equipment and material prices.」
The Group continues to report higher labor costs caused by the labor shortage and persistently high construction equipment and material prices. The impact of the COVID-19 pandemic is also noted, but no specific loss amount resulting from a sharp increase in material prices is indicated. - FY2021-Q1RestatedAnnual report
「The industry is also facing difficult conditions, with the impact of the COVID-19 pandemic in addition to higher labor costs caused by the labor shortage and persistently high construction equipment and material prices.」
The Group continues to report elevated construction equipment and material prices. It also indicates the impact of the COVID-19 pandemic, but does not report a sharp increase in material prices or a specific loss amount. - FY2020MitigatedAnnual report
「The Group continuously monitors domestic and overseas raw material prices, construction material price trends and delivery lead times for made-to-order products. It also seeks to reduce risk through effective price stabilization measures, including centralized purchasing by its materials division.」
The risk of a sharp increase in construction material prices continues, while monitoring raw material and construction material prices and centralized purchasing by the materials division are identified as specific mitigation measures. - FY2020-Q3RestatedAnnual report
「In this industry, construction investment is expected to remain firm against the backdrop of redevelopment and other construction demand, particularly in the Tokyo metropolitan area. However, the uncertain operating environment continues due to persistently rising labor costs caused by labor shortages and high construction material and equipment prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated. Regarding the risk of a sharp increase in construction material prices, it does not indicate a new surge or a specific impact on results. - FY2020-Q2RestatedAnnual report
「In this industry, construction investment is expected to remain firm against the backdrop of construction demand related to the Tokyo Olympic and Paralympic Games and other factors. However, the uncertain operating environment continues due to persistently rising labor costs caused by labor shortages and high construction material and equipment prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated. It does not indicate a new occurrence of the risk of a sharp increase in construction material prices or a specific impact on results. - FY2020-Q1RestatedAnnual report
「In this industry, construction investment is expected to remain firm against the backdrop of construction demand related to the Tokyo Olympic and Paralympic Games. However, the uncertain operating environment continues due to persistently rising labor costs caused by labor shortages and high construction material and equipment prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated. It does not indicate a new surge or a specific impact on results. - FY2019RestatedAnnual report
「The Group procures substantial quantities of construction materials in conducting its electrical equipment construction business. A sharp increase in construction material prices could affect the Group's results.」
The Group continues to identify the risk that a sharp increase in construction material prices could affect its results. - FY2019-Q3RestatedAnnual report
「In the industry, private-sector construction investment is expected to remain firm as corporate capital spending increases against a backdrop of improved corporate earnings. However, the business environment remains uncertain due to rising labor costs caused by labor shortages and persistently high construction equipment and materials prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated. It does not indicate a new surge or a specific impact on results. - FY2019-Q2RestatedAnnual report
「In the industry, private-sector construction investment is expected to remain firm as corporate capital spending increases against a backdrop of improved corporate earnings. However, the business environment remains uncertain due to rising labor costs caused by labor shortages and persistently high construction equipment and materials prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated. It does not indicate a new surge or a specific impact on results. - FY2019-Q1RestatedAnnual report
「In the industry, public investment remained firm, and private-sector construction investment is also expected to continue its gradual recovery. However, the business environment remains uncertain due to rising labor costs caused by labor shortages and persistently high construction equipment and materials prices.」
The Group describes an uncertain operating environment in which construction equipment and material prices remain elevated, but does not indicate a new surge or a specific impact on results. - FY2018RestatedAnnual report
「The Group procures substantial quantities of construction materials in conducting its electrical equipment construction business. A sharp increase in construction material prices could affect the Group's results.」
The Group continues to identify the risk that a sharp increase in construction equipment and material prices could affect its results. It also states that the operating environment remains uncertain as construction equipment and material prices continue to stay elevated. - FY2018-Q3RestatedAnnual report
「In the industry, public investment remained firm, while private-sector construction investment also recovered as corporate capital spending picked up against a backdrop of improved corporate earnings. This trend is expected to remain firm, but the business environment remains uncertain due to persistently high labor costs and construction equipment and materials prices.」
The Group states that construction equipment and material prices remain elevated, but does not indicate a new surge or a specific impact on results. - FY2018-Q2RestatedAnnual report
「In the industry, public investment remained firm, while private-sector construction investment also recovered as corporate capital spending picked up against a backdrop of improved corporate earnings. This trend is expected to remain firm, but the business environment remains uncertain due to persistently high labor costs and construction equipment and materials prices.」
The Group states that construction equipment and material prices remain elevated, but does not indicate a new surge or a specific impact on results. - FY2018-Q1RestatedAnnual report
「In the industry, government construction investment related to reconstruction budgets and supplementary budgets for the previous fiscal year is expected to increase, and construction investment is expected to grow. However, the business environment remains uncertain due to persistently high labor costs and construction equipment and materials prices.」
The Group states that construction equipment and material prices remain elevated, but does not indicate a new surge or a specific impact on results. - FY2017-Q3RestatedAnnual report
「Labor costs remained elevated due to the labor shortage, while construction equipment and material prices remained high due to the yen's depreciation and higher crude oil prices.」
The Group states that construction equipment and material prices remain elevated, but does not indicate any new risk or specific impact on results. - FY2017-Q2RestatedAnnual report
「The operating environment remained uncertain due to the continued high levels of labor costs and construction equipment and material prices, as well as the yen's appreciation.」
The Group states that construction equipment and material prices remain elevated, but does not report a new surge or a specific impact on results. - FY2016First statedAnnual report
「The Group procures substantial quantities of construction materials in conducting its electrical equipment construction business. A sharp increase in construction material prices could affect the Group's results.」
The Group identifies the risk of price increases associated with procuring substantial quantities of construction materials for electrical equipment construction.