Komori
Shin Nippon Air Technologies (1952) · RiskRestated

Higher Costs Driven by Soaring Prices for Construction Materials and Equipment

First written in FY2016. 17 of 24 entries say "Restated". Latest entry: 2026-10-02.

24entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2022-Q32016: 320162017: 220172018: 220182019: 320192020: 020202021: 220212022: 320222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies

The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.

6 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-02Materialisedfinance.yahoo.co.jp

    「In the first quarter of the fiscal year ending March 2027, net sales from completed construction contracts rose 15.9% year on year to ¥35.5 billion, but operating profit fell sharply by 51.6% to ¥900 million due to higher costs.」

    It was reported that higher costs resulted in an actual decline in operating profit.
  2. FY2026-H1RestatedAnnual report

    「The environment surrounding construction sites remains challenging, with rising materials, equipment, labor and logistics costs, delivery delays and difficulties securing personnel. In addition to appropriate pass-through of costs, efforts to improve productivity and reduce risks are required.」

    The challenging construction environment, including materials, equipment, labor and logistics costs, delivery delays and securing personnel, continues to be described.
  3. 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.」

    The description of rising materials, equipment, labor and transportation costs has changed from an ongoing issue with prices remaining high to a statement that the challenges, together with delivery delays and securing labor, are becoming “more serious.” No explicit loss incurred by the company is stated.
  4. FY2024-Q3ReframedAnnual 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 description of materials and equipment prices has changed from “rising” to “remaining high,” and the issue is presented as ongoing together with rising labor and transportation costs and labor shortages.
  5. 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.」

    It reconfirms that redevelopment projects and capital investment by manufacturers remain solid, while materials, equipment, labor and transportation costs are expected to continue rising.
  6. FY2024-Q1RestatedAnnual report

    「In the construction industry, redevelopment projects, particularly in central Tokyo, and capital investment by manufacturers remain solid, but the upward trend in materials, equipment, labor and transportation costs and shortages of engineers and skilled workers persist. Efforts to improve productivity through technological innovation using AI and IoT, digital transformation and work-style reform have become essential.」

    The upward trend in materials, equipment, labor and transportation costs is identified, together with shortages of engineers and skilled workers, as an ongoing concern for the construction industry.
  7. 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 upward trend in materials, equipment, labor and transportation costs is reconfirmed, together with shortages of engineers and skilled workers, as an ongoing concern for the construction industry.
  8. 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 upward trend in materials, equipment, labor and transportation costs is reiterated, together with shortages of engineers and skilled workers, as an ongoing concern for the construction industry.
  9. FY2023-Q1RaisedAnnual 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.」

    In addition to the previous increases in materials, equipment and labor costs, transportation costs are now also explicitly identified as rising, broadening the scope of cost-increase risks.
  10. FY2022-Q3RestatedAnnual report

    「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labor costs continue.」

    Shortages of engineers and skilled workers and rising materials, equipment and labor costs continue to be identified as concerns for the construction industry.
  11. FY2022-Q2RestatedAnnual report

    「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」

    The company continues to describe shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs as concerns for the construction industry.
  12. FY2022-Q1RestatedAnnual report

    「Meanwhile, shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」

    The company states that shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.
  13. FY2020-Q2RestatedAnnual report

    「Shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.」

    The company states that shortages of engineers and skilled workers and the upward trend in materials, equipment and labour costs continue.
  14. 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 company states that the upward trend in materials, equipment and labour costs continues, reaffirming the existing cost-increase risk.
  15. FY2019WorsenedAnnual 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.」

    The description of materials and equipment prices and labour costs has changed from concerns over sharp increases to the statement that increases are “pronounced.”
  16. FY2018RestatedAnnual report

    「A sharp increase in materials and equipment prices and labour costs may affect the company’s operating results.」

    The company continues to recognise sharp increases in materials and equipment prices and labour costs as operating risks.
  17. 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.」

    The company continues to describe concerns over higher materials and equipment prices, together with structural changes in the supply chain and labour shortages, as issues that have emerged in the construction industry.
  18. FY2017RaisedAnnual report

    「A sharp increase in materials and equipment prices and labour costs may affect the company’s operating results.」

    A sharp rise in labour costs has been expressly added to the existing risk relating to materials and equipment prices, broadening the scope of the cost-increase risk.
  19. 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 company continues to identify surging materials and equipment prices, along with shortages of construction personnel and construction schedule delays, as concerns for the construction industry.
  20. 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 company continues to identify surging materials and equipment prices as a concern for the construction industry.
  21. FY2017-Q1RestatedAnnual report

    「Concerns remain, including surging materials and equipment prices, shortages of construction personnel and the resulting delays to construction schedules.」

    The company continues to identify surging materials and equipment prices as a concern for the construction industry.
  22. FY2016First statedAnnual report

    「Abnormally high materials and equipment prices may affect the company’s operating results.」

    The company identifies the possibility that higher materials and equipment prices may affect its operating results.
Moved together

"Sluggish capital investment and lackluster personal consumption" moved the same way as this thread, in the same document, in 3 of its 24 moves.

322★123
  1. ★This thread
  2. 1Sluggish capital investment and lackluster personal consumption3×
  3. 2Introduction of Equity Compensation Stock Options2×
  4. 3Brexit and Uncertainty in the Global Economy2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Shin Nippon Air Technologies yet. It last moved in the Earnings of 2026-08-07: "Restated".