Delays in project schedules due to construction labor shortages
First written in FY2017-Q1. 21 of 27 entries say "Restated". Latest entry: 2026-08-07.
Shin Nippon Air Technologies moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 8 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Shortages of engineers and skilled workers and supply chain constraints persist, making rigorous profitability management and the securing of sustainable construction capabilities ongoing important issues.」
The company identifies shortages of engineers and skilled workers and the securing of sustainable construction capabilities as ongoing challenges. - FY2026-H1RestatedAnnual report
「The environment surrounding construction sites remains difficult, including rising equipment, materials, labor and logistics costs, delivery delays, and challenges in securing personnel.」
Challenges in securing construction personnel and skilled workers continue, together with delivery delays and rising costs. - FY2025RestatedAnnual report
「Although our Group is working to secure skilled workers employed by partner companies, the aging of skilled workers in the construction industry is progressing while the entry of younger skilled workers into the industry remains sluggish. As generational succession fails to advance, securing the construction production system may become difficult.」
The risk of a shortage of people to perform the work due to the aging of skilled workers, sluggish entry by younger workers and stalled generational succession continues to be identified as an independent risk. - FY2025-H1WorsenedAnnual report
「In the construction industry, capital investment in data centers and the semiconductor industry and real estate investment, including redevelopment mainly in major metropolitan areas, remain solid, but challenges such as rising materials, equipment, labor and transportation costs, delivery delays and securing labor are becoming more serious.」
In addition to the previously identified shortage of engineers and skilled workers, securing labor has been explicitly identified as a challenge, and the challenges are described as becoming more serious. - FY2024-Q3RestatedAnnual report
「In the construction industry, redevelopment projects, particularly in central Tokyo, and capital investment by manufacturers continue to be solid, but challenges including persistently high materials and equipment prices, rising labor and transportation costs, and shortages of engineers and skilled workers continue. Efforts to improve productivity through digital transformation and work-style reform are essential.」
The shortage of engineers and skilled workers has again been identified as a continuing challenge facing the construction industry, together with persistently high equipment and materials prices and rising labor and transportation costs. - FY2024-Q2RestatedAnnual report
「In the construction industry, redevelopment projects, particularly in central Tokyo, and capital investment by manufacturers continue to be solid, but materials, equipment, labor and transportation costs continue to rise, and shortages of engineers and skilled workers persist. Efforts to improve productivity through digital transformation and work-style reform are essential.」
The shortage of engineers and skilled workers has again been identified as a continuing challenge facing the construction industry, together with rising equipment, materials, labor and transportation costs. - FY2024-Q1RestatedAnnual report
「The upward trend in equipment, materials, labor and transportation costs and the shortage of engineers and skilled workers remain ongoing, making initiatives to improve productivity through technological innovation and digital transformation using AI and IoT, as well as work-style reform, essential.」
The shortage of engineers and skilled workers is identified as a continuing challenge facing the construction industry, together with the upward trend in equipment, materials and transportation costs. - FY2023-Q3RestatedAnnual report
「In the construction industry, redevelopment projects, particularly in central Tokyo, and capital investment by manufacturers continue to be solid, but the upward trend in materials, equipment, labor and transportation costs and shortages of engineers and skilled workers persist.」
The shortage of engineers and skilled workers is identified as a continuing challenge facing the construction industry, together with the upward trend in equipment, materials and transportation costs. - FY2023-Q2RestatedAnnual report
「In the construction industry, redevelopment projects, particularly in central Tokyo, and capital investment by manufacturers continue to be solid, but the upward trend in materials, equipment, labor and transportation costs and shortages of engineers and skilled workers persist.」
The shortage of engineers and skilled workers is identified as a continuing challenge facing the construction industry, together with the upward trend in equipment, materials and transportation costs. - FY2022-Q3RestatedAnnual report
「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labor costs continue.」
The shortage of engineers and skilled workers is identified as a continuing challenge facing the construction industry, together with the upward trend in equipment, materials and labor costs. - FY2022-Q2RestatedAnnual report
「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」
The shortage of engineers and skilled workers continues to be identified as a challenge facing the construction industry, together with the upward trend in equipment, materials and labor costs. - FY2022-Q1RestatedAnnual report
「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」
The shortage of engineers and skilled workers continues, alongside the upward trend in equipment, materials and labor costs. - FY2021RaisedAnnual report
「Although our Group is working to secure skilled workers employed by partner companies, the aging of skilled workers in the construction industry is progressing while the entry of younger skilled workers into the industry remains sluggish. As generational succession fails to advance, securing the construction production system may become difficult, potentially materially affecting our Group's financial position, operating results and other matters.」
The shortage of skilled workers has taken concrete form as a structural risk: difficulty securing the construction production system due to the aging workforce, sluggish entry by younger workers and stalled generational succession, rather than merely a shortage of personnel. - FY2021-Q3RestatedAnnual report
「Meanwhile, the shortage of skilled workers and engineers, the need to address long working hours, and digital transformation initiatives to improve productivity have become essential.」
The shortage of skilled workers and engineers, the need to address long working hours, and digital transformation to improve productivity continue to be identified as challenges facing the construction industry. - FY2021-Q1RestatedAnnual report
「Amid the impact of factors including prolonged trade friction between the United States and China, uncertainty surrounding private-sector capital investment is increasing. At the same time, shortages of skilled workers and engineers, measures to address long working hours and digital transformation initiatives to improve productivity have become essential.」
Shortages of skilled workers and engineers continue to be identified as issues for the construction industry, together with measures to address long working hours and digital transformation. - FY2020ReframedAnnual report
「If a serious quality incident or occupational accident occurs during construction, or if a substantial project delay occurs due to a change in the construction schedule, shortages of engineers in the Group or other factors, this may materially affect the Group's financial condition and operating results.」
The risk of project delays due to a shortage of construction personnel has been reframed as a broader project-delay risk that also includes serious quality incidents, occupational accidents and changes to construction schedules. - FY2020-Q2RestatedAnnual report
「Shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」
The shortage of engineers and skilled workers continues, together with the upward trend in materials, equipment and labor costs. - FY2020-Q1RestatedAnnual report
「In the construction industry, the impact of US-China trade friction has cast a shadow over private-sector capital investment in manufacturing, and real-estate-related investment, including redevelopment projects mainly in central Tokyo, has begun to show some signs of stagnation. However, shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」
The shortage of engineers and skilled workers continues, together with rising materials, equipment and labor costs. - FY2019RestatedAnnual report
「In the construction industry, private-sector capital investment remains firm and real-estate-related investment, including redevelopment projects mainly in central Tokyo, continues to gather pace. At the same time, shortages of engineers and skilled workers and increases in materials, equipment and labour costs have become pronounced, making it essential to respond to technological innovation using AI and IoT, address long working hours, and improve productivity through work-style reform.」
Shortages of engineers and skilled workers continue to be identified as issues for the construction industry, together with rising materials, equipment and labor costs and the need to respond to work-style reforms. - FY2019-Q3RestatedAnnual report
「The construction industry continued to expand as growth in real estate-related capital investment was supported by the 2020 Tokyo Olympic and Paralympic Games and urban redevelopment. At the same time, severe shortages of skilled workers and engineers remain a structural issue for the industry.」
The shortage of skilled workers and engineers continues to be described as a “serious” structural issue. - FY2019-Q2WorsenedAnnual report
「The construction industry continued to expand as growth in real estate-related capital investment was supported by the 2020 Tokyo Olympic and Paralympic Games and urban redevelopment. At the same time, severe shortages of skilled workers and engineers remain a structural issue for the industry.」
The disclosure explicitly describes the shortage of skilled workers and engineers as a “serious” structural issue, in addition to its previous classification as a structural issue. - FY2018RestatedAnnual report
「The construction industry continued to expand as growth in real estate-related capital investment was supported by the 2020 Tokyo Olympic and Paralympic Games and urban redevelopment. At the same time, shortages of skilled workers and engineers remain a structural issue for the industry.」
Shortages of skilled workers and engineers continue to be identified as a structural issue for the construction industry. - FY2018-Q3RestatedAnnual report
「In the construction industry, facilities and infrastructure projects for the 2020 Tokyo Olympic and Paralympic Games and redevelopment in the Tokyo metropolitan area continued to drive expansion. At the same time, concerns over higher materials and equipment prices, structural changes in the supply chain, and shortages of skilled and technical workers emerged as issues.」
Shortages of skilled workers and engineers continue to be identified as an apparent issue, together with concerns about rising materials and equipment costs and structural changes in the supply chain. - FY2017MaterialisedAnnual report
「In the construction industry, expansion continued amid facility and infrastructure development for the 2020 Tokyo Olympic and Paralympic Games and redevelopment in the Tokyo metropolitan area. At the same time, rising costs of materials and equipment, shortages of skilled workers and engineers, and the resulting project delays became increasingly apparent.」
The disclosure states that rising materials and equipment costs, shortages of skilled workers and engineers, and the resulting project delays have become apparent, indicating that previous concerns have emerged in the actual business environment. - FY2017-Q3RestatedAnnual report
「In the construction industry, private-sector capital investment is expected to increase, but concerns remain, including surging materials and equipment prices, shortages of construction personnel and the resulting delays to construction schedules.」
The shortage of construction personnel and the resulting project delays continue to be cited as concerns for the construction industry. - FY2017-Q2RestatedAnnual report
「In the construction industry, private-sector capital investment is expected to increase, but concerns remain, including surging materials and equipment prices, shortages of construction personnel and the resulting delays to construction schedules.」
The shortage of construction personnel and the resulting project delays continue to be cited as concerns for the construction industry. - FY2017-Q1First statedAnnual report
「Concerns remain, including surging materials and equipment prices, shortages of construction personnel and the resulting delays to construction schedules.」
The shortage of construction personnel and the resulting project delays are newly identified as concerns for the construction industry.