Demand for infrastructure maintenance and the shrinking workforce
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Japan has 730,000 road bridges at least 2 m long. Of these, the proportion more than 50 years old will rise from approximately 30% in March 2020 to approximately 55% in March 2030 and approximately 75% in March 2040, increasing demand for infrastructure maintenance. Meanwhile, according to the labor force survey published by the Ministry of Internal Affairs and Communications, construction-industry employment peaked at 6.85 million in 1997 and continued to decline to 4.77 million in 2024, or 69.6% of the peak.」
The company continues to identify aging bridges and declining construction employment as business-environment challenges, using the latest figure of 4.77 million workers. - FY2025First statedAnnual report
「Japan has 730,000 road bridges at least 2 m long. Of these, the proportion more than 50 years old will rise from approximately 30% in March 2020 to approximately 55% in March 2030 and approximately 75% in March 2040, increasing demand for infrastructure maintenance. Meanwhile, construction-industry employment peaked at 6.85 million in 1997 and continued to decline to 4.83 million in 2023, or 70.5% of the peak.」
The company describes growing demand resulting from aging infrastructure and supply constraints resulting from declining construction employment as business-environment challenges.