Risk of Schedule Delays Due to Shortages of Technical Staff and Skilled Workers
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 6 of 14 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2024Expansion of supply-chain collaboration and support for partner companiesAnnual report
「In addition, to promote collaboration with and mutual prosperity throughout the supply chain, we are working to maintain and strengthen the foundations of the supply chain by contributing to the resolution of management issues faced by partner companies and supporting technical education.」
As a response to the risk of project delays due to shortages of technical and skilled personnel, the company explicitly identifies strengthening the supply-chain foundation through assistance in resolving management issues at partner companies and support for technical education. - FY2024-Q3RestatedAnnual report
「The business environment continued to require a cautious approach to operations, including the need for continued close monitoring of responses to work-style reform and uncertainty over the outlook for the global economy.」
The company continues to identify responding to work-style reform as an operational challenge. - FY2022WorsenedAnnual report
「When our group carries out construction work, if technical personnel involved in construction, including those of partner companies, are in short supply in addition to delays in procuring materials and equipment, and construction cannot be completed by the specified deadline, revenue from completed construction may not be recorded,」
The company explicitly identifies the risk of shortages of technical and skilled personnel as being compounded by delays in procuring materials and equipment. Measures involving outsourcing, IT tools, operational standardization, and hiring by contracted construction companies also continue. - FY2021RestatedAnnual report
「Although the risk may materialize if labor hours increase beyond the anticipated level, our group will address it by improving productivity through the establishment and use of an outsourcing structure, the use of IT tools, and the standardization of operations. In particular, shortages of technical and skilled personnel will be addressed by focusing on new hiring by contracted construction companies and securing skilled workers through measures including the use of the Construction Career Advancement System promoted by the Ministry of Land, Infrastructure, Transport and Tourism.」
The company continues to recognize the risk of project delays due to shortages of technical and skilled personnel and describes measures involving outsourcing, IT, operational standardization, hiring by contracted construction companies, and the Construction Career Advancement System. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no occurrence or material change regarding the risk of project delays due to shortages of technical and skilled personnel. - FY2020First statedAnnual report
「If there is a shortage of technical personnel involved in construction, including those of partner companies, and construction cannot be completed by the specified deadline, the amount of completed construction may not increase, potentially affecting the financial position and operating results of our group.」
The company newly identifies the risk that shortages of technical and skilled personnel may lead to missed deadlines, lower completed construction revenue, and an impact on performance.