Surging procurement prices for materials and equipment
First written in FY2016. 9 of 14 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 17 of 27 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the construction industry, public investment remained solid, and private capital investment also remained resilient. However, the business environment remains challenging due to persistently high construction material prices and labor costs and the worsening labor shortage, leaving the outlook for the business environment surrounding the Group still far from optimistic.」
The persistently high levels of construction material prices and labor costs continue to be cited as concerns in the business environment. - FY2025-Q1RestatedAnnual report
「However, the impact of higher construction-material and energy prices, as well as the response to work-style reform, including addressing the shortage of workers and eliminating excessive working hours, mean that the outlook for the business environment surrounding the Group remains difficult to view optimistically.」
In addition to the surge in construction material prices, soaring energy prices continue to be cited as a concern in the business environment. - FY2024MitigatedAnnual report
「When entering into contracts for private-sector construction projects, the company seeks to agree on price-adjustment clauses covering surges in the prices of construction materials and other items.」
In addition to monitoring material prices, centralized purchasing, and early ordering, agreement on contractual price-adjustment clauses has been added as a response measure. - FY2024-Q3RestatedAnnual report
「At the same time, there were cases of unprofitable construction projects arising from, among other factors, construction material prices rising beyond expectations.」
The company continues to report, as it did in the previous quarter, that construction material prices rising beyond expectations led to unprofitable construction projects. - FY2024-Q2MaterialisedAnnual report
「At the same time, there were cases of unprofitable construction projects arising from, among other factors, construction material prices rising beyond expectations.」
The company states that construction material prices rising beyond expectations led to unprofitable construction projects, indicating that the risk from soaring material prices has emerged as an actual earnings-related event. - FY2024-Q1WorsenedAnnual report
「However, the outlook for the operating environment surrounding the Group remains uncertain, as the impact of surging construction material and energy prices, the impact on production capacity from the aging of skilled workers, and delays in production system reform have all persisted over the long term.」
In addition to the previously cited surge in construction material prices, soaring energy prices are explicitly identified as a concern in the business environment. - FY2023-Q3RestatedAnnual report
「However, the impact of the weaker yen and higher construction-material prices, among other factors, as well as the impact of the aging of skilled workers on production capacity and delays in production-system reform, have become prolonged, and the outlook for the business environment surrounding the Group remains difficult to view optimistically.」
The weaker yen and surge in construction material prices continue to be cited as concerns in the business environment. - FY2023-Q2RestatedAnnual report
「However, the impact of COVID-19 and higher construction-material prices, among other factors, as well as the impact of the aging of skilled workers on production capacity and delays in production-system reform, have become prolonged, and the outlook for the business environment surrounding the Group remains difficult to view optimistically.」
The surge in construction material prices continues to be cited as a concern in the business environment. - FY2021MitigatedAnnual report
「To address this risk, the company is continuing to monitor and forecast material-price trends and work to improve forecast accuracy, while seeking to contain price increases through centralized purchasing and early ordering.」
Specific measures to address soaring material prices include monitoring and forecasting price trends, centralized purchasing, and early ordering. - FY2020RestatedAnnual report
「If the prices of equipment and materials procured by the company rise sharply and it is difficult to reflect those increases in contract prices, the Group's performance could be affected.」
The risk that surging material and equipment prices cannot be passed through to contract amounts continues to be cited. - FY2019RestatedAnnual report
「If the prices of equipment and materials procured by the company rise sharply and it is difficult to reflect those increases in contract prices, the Group's performance could be affected.」
The risk that surging material and equipment prices cannot be passed through to contract amounts continues to be cited. - FY2018RestatedAnnual report
「If the prices of equipment and materials procured by the Group rise sharply and it becomes difficult to reflect those increases in contract prices, the Group's performance may be affected.」
The risk that surging material and equipment prices cannot be passed through to contract amounts continues to be cited. - FY2017RestatedAnnual report
「If the prices of equipment and materials procured by the Group rise sharply and it becomes difficult to reflect those increases in contract prices, the Group's performance may be affected.」
The risk that surging material and equipment prices cannot be passed through to contract amounts continues to be cited. - FY2016First statedAnnual report
「If the prices of equipment and materials procured by the Group rise sharply and it becomes difficult to reflect those increases in contract prices, the Group's performance may be affected.」
Rising material prices are cited as a cost risk that could affect earnings.