Securing repair contractors and rising prices
First written in FY2022. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2026: 15 of 67 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「By securing multiple contractors in each category, we reduce dependency risk and maintain a stable service delivery structure, while also using measures to pass through price increases in response to rising costs.」
The Company explicitly identifies securing multiple contractors by category and passing through price increases as countermeasures to the risks of securing repair contractors and rising prices. - FY2022First statedAnnual report
「The Company largely outsources major repair and restoration work for properties under management and properties owned by the Company. If it is unable to secure enough contractors that meet its selection criteria, construction schedules are delayed because of contractors' financial difficulties or peak-season workloads, or outsourcing prices rise because of labor shortages, the Company's business results and financial condition may be affected.」
The note identifies supply capacity, scheduling and pricing risks arising from the extensive outsourcing of major repairs and restoration work.