Soaring Construction Costs, Construction Material Shortages and Container Procurement Delays
First written in FY2022. 4 of 9 entries say "Restated". Latest entry: FY2027-H1.
Storage-Oh moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 9 of 23 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Although demand for external storage space is increasing against a backdrop of higher residential prices, factors including rising construction and labor costs could affect the development and subdivision business and the operations and management business. The company therefore remains in a position where it must continue to closely monitor developments.」
The company explicitly identifies rising labor costs, in addition to higher construction costs, as factors affecting the development and subdivision business and the operations and management business. - FY2026RestatedAnnual report
「Higher construction costs and shortages of construction materials also pose risks of lower profit or delayed sales and could affect the company's operating results and financial position.」
The company continues to address the risks of lower profit and delayed sales caused by higher construction costs and shortages of construction materials through the use of multiple contractors and financial institutions. - 2026-03-18MaterialisedFinancial Results Presentation
「Although we struggled with adjustments to construction schedules and higher costs, strong performance at existing operating stores resulted in higher operating profit.」
The disclosure states that construction schedule adjustments and higher costs actually affected results during the fiscal year. - FY2025RestatedAnnual report
「To avoid these risks, the company will respond by working with multiple construction contractors and container manufacturers and expanding its business partners. If sales are delayed because of construction delays or other factors, it will seek to mitigate the risks by consulting financial institutions in advance about extending the loan period and other measures.」
The company continues to use multiple construction contractors and container manufacturers and consult financial institutions in advance about extending loan periods as response measures. - FY2024RestatedAnnual report
「To avoid these risks, the company will respond by working with multiple construction contractors and container manufacturers and expanding its business partners.」
The company continues to pursue risk mitigation measures by using multiple construction contractors and container manufacturers and consulting financial institutions in advance about extending loan periods. - FY2023MitigatedAnnual report
「To avoid these risks, the company will respond by working with multiple construction contractors and container manufacturers and expanding its business partners. If sales are delayed because of construction delays or other factors, it will seek to mitigate the risks by consulting financial institutions in advance about extending the loan period and other measures.」
The company identifies using multiple construction contractors and container manufacturers, and consulting financial institutions in advance about extending loan periods in the event of sales delays, as its response measures. - FY2022First statedAnnual report
「Higher construction costs and shortages of construction materials also pose risks of delayed sales or lower profit.」
The Company recognizes tight supply and higher prices for elevators, fixtures, specialized construction materials and imported containers as risks.