Intense Competition for Orders and Cost Increases Due to Labor Shortages
First written in FY2016. 18 of 20 entries say "Restated". Latest entry: 2026-05-22.
The whole theme swung hardest in 2022: 27 of 40 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- 2026-05-22RestatedResults presentation
「Intense competition for orders in new construction-related work continues.」
The continuation of competition for new construction-related orders was explicitly stated. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes to existing business and other risks, including competition for orders and labor shortages. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes to existing business and other risks, including competition for orders and labor shortages. - FY2023WorsenedAnnual report
「As in other industries, the construction industry faces the challenge of labor shortages stemming from the declining birthrate, aging population and shrinking working-age population. Securing and developing human resources, together with creating a workplace environment that fosters innovation, are important issues for continued sustainable growth.」
In connection with the existing risks of labor shortages and rising labor costs, labor shortages stemming from the construction industry's declining birthrate, aging population and shrinking working-age population were identified as an important issue for sustainable growth. - FY2023-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes to existing risks, including cost increases resulting from competition for orders and labor shortages. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there were no material changes to existing risks, including cost increases resulting from competition for orders and labor shortages. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there were no material changes to existing risks, including cost increases resulting from competition for orders and labor shortages. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the second quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
There were no significant changes to existing risks, including the risk of rising costs due to competition for orders and labor shortages. - FY2021-Q1RestatedAnnual report
「(Miyaji Engineering) Orders received totaled ¥4.96 billion, down 46.9% year on year, due to the challenging order environment.」
The challenging order environment continued to be cited, reconfirming the previous view of a challenging business environment, including competition for orders. - FY2020RestatedAnnual report
「Factors that could have a material effect on the Group's operating results and other performance include the volume of orders placed by national and local governments, price trends for steel, the principal raw material, and damage to or destruction of production facilities and construction sites caused by natural disasters such as earthquakes and typhoons or by serious accidents.」
The view that public-sector order volumes and the competitive environment affect operating performance continues. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
There were no significant changes to the risks of rising costs due to competition for orders and labor shortages. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period of the second quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new business risks were identified, and there were no significant changes to the risks disclosed for the previous fiscal year. - FY2018RestatedAnnual report
「Although intense competition for orders is expected to continue,」
The outlook that intense competition for orders will continue in the industry remains unchanged. - FY2018-Q3RestatedAnnual report
「Although public investment remained solid, total orders placed during the third quarter cumulative consolidated period increased year on year, while intense competition for orders continues.」
The view that intense competition for orders continues even with public investment and total orders remaining solid was reiterated. - FY2018-Q2RestatedAnnual report
「Intense competition for orders continues.」
The view that intense competition for orders continues despite increases in public investment and total orders was reconfirmed. - FY2017RestatedAnnual report
「In the bridge business, the supply-demand gap remains substantial, and intense competition for orders is expected to continue.」
The outlook that the supply-demand gap remains substantial and intense competition for orders will continue was reiterated. - FY2017-Q3RestatedAnnual report
「In the group's core bridge business, including road and railway bridges, public investment remained broadly flat. Although front-loaded orders were expected to increase total orders during the cumulative consolidated third-quarter period, they declined year on year, competition for orders remained fierce, and the business environment was challenging.」
The view that competition for orders remains intense and the business environment remains challenging was reiterated. - FY2017-Q2RestatedAnnual report
「Although orders brought forward had been expected to increase total orders during the first half, they declined year on year, while competition for orders remained intense, resulting in a challenging business environment.」
The view that competition for orders remains intense and the business environment remains challenging was reiterated. - FY2017-Q1RestatedAnnual report
「Competition for orders remained intense, resulting in a challenging business environment.」
The view that competition for orders remains intense was reiterated. This quarterly report contains no new reference to labor shortages. - FY2016First statedAnnual report
「As projects became larger, the number of orders declined, competition for orders remained intense, and on-site labor costs continued to rise due to labor shortages, resulting in a challenging business environment.」
The decline in the number of orders, competition for orders, and rising on-site labor costs due to labor shortages were cited as factors behind the challenging business environment during the fiscal year.