Rising Timber and Building Material Prices and Procurement Difficulties
First written in FY2016. 11 of 24 entries say "Restated". Latest entry: 2026-08-13.
Ki-Star Real Estate moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 7 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MaterialisedAnnual report
「Amid heightened tensions in the Middle East, crude oil prices have risen worldwide and supply chains, particularly for petrochemical products, have been disrupted. Some supply chains for construction materials and housing equipment have consequently become unstable.」
It states that the risks of soaring material prices and procurement difficulties have materialized, with crude oil prices rising and parts of the supply chain becoming unstable against the backdrop of tensions in the Middle East. - FY2025-H1RestatedAnnual report
「The housing industry in which our group operates is experiencing rising housing prices against a backdrop of soaring material costs and higher labor costs.」
It restates that continued high material prices are driving housing prices higher. - FY2024-Q3MitigatedAnnual report
「Segment profit increased by ¥234.565 million from the same period of the previous fiscal year to ¥450.851 million. The main factors were an improvement in the gross profit margin, which had declined due to soaring prices for building materials and components associated with the wood shock and other factors, and steady sales of standardized single-story custom homes, for which selling, general and administrative expenses had been incurred ahead of sales growth accompanying the expansion in orders.」
It is stated that the gross profit margin of the custom-built housing business, which had declined due to soaring prices for building materials and components caused by the wood shock and other factors, improved. - FY2024-Q2RestatedAnnual report
「In addition, sustained inflation has dampened consumer sentiment, while soaring construction material and subcontracting costs have affected real estate demand, and areas with a perceived excess of inventory have begun to emerge.」
It is stated that construction material and subcontracting costs continue to rise. The risks of soaring material prices and procurement difficulties are also affecting actual real estate demand and inventory levels. - FY2024-Q1RestatedAnnual report
「Although housing industry selling prices have risen due to higher construction costs resulting from soaring global component material prices and other factors, demand has remained firm.」
It is stated that prices for building materials and components, construction costs, and real estate sales prices continue to rise. Meanwhile, housing demand is described as firm. - FY2023-Q3RestatedAnnual report
「At the same time, soaring component material prices and procurement difficulties have continued due to global inflation and other factors.」
The disclosure states that soaring component material prices and procurement difficulties due to inflation have continued. - FY2023-Q2MaterialisedAnnual report
「At the same time, delays in the delivery of housing equipment have occurred due to soaring component material prices caused by inflation and other factors, as well as global semiconductor supply delays.」
Regarding the previously identified risks of rising material prices and procurement difficulties, the disclosure states that soaring component material prices and delays in housing equipment deliveries due to semiconductor supply delays had actually occurred. - FY2023-Q1MaterialisedAnnual report
「At the same time, shortages of housing equipment have occurred due to soaring prices for component materials caused by inflation and other factors, as well as global semiconductor supply delays.」
Regarding the previously identified risks of rising material prices and procurement difficulties, the disclosure states that component material prices had surged and shortages of housing equipment had actually occurred. - FY2022-Q3MaterialisedAnnual report
「At the same time, increased demand due to stronger preferences for owner-occupied housing, along with labor shortages and logistics disruptions caused by the spread of COVID-19, has resulted in delays and price increases for building materials and housing equipment. This has raised concerns about construction delays and higher property prices.」
Regarding the previously identified risks of procurement difficulties and price increases for building materials and housing equipment, the disclosure states that delivery delays and price increases had actually occurred. - FY2022-Q2RestatedAnnual report
「At the same time, the balance between global timber demand and supply was disrupted, partly due to growing demand for owner-occupied housing. This led to shortages and price increases for imported timber, known as the wood shock, causing temporary disruption in some instances.」
The disclosure continues to recognize and report that timber shortages and price increases actually occurred as the wood shock. - FY2022-Q1MaterialisedAnnual report
「At the same time, the balance between global timber demand and supply was disrupted, partly due to growing demand for owner-occupied housing. This led to shortages and price increases for imported timber, known as the wood shock, causing temporary disruption in some instances.」
The disclosure states that the previously identified risk of timber procurement difficulties and price increases actually occurred as the wood shock. - FY2020MitigatedAnnual report
「Our group hedges the risk of rising procurement prices by using multiple suppliers.」
The use of multiple suppliers is explicitly identified as a risk-hedging measure against soaring timber and building material prices and procurement difficulties. - FY2019RestatedAnnual report
「If rapid changes in market conditions for timber, building materials and other key components cause material prices to surge or prevent procurement as planned, they may affect our group's performance and financial condition.」
The risk of soaring timber and building material prices and procurement difficulties continues. - FY2018RestatedAnnual report
「If rapid changes in market conditions for timber, building materials and other key components cause material prices to surge or prevent procurement as planned, they may affect our group's performance and financial condition.」
The risk of soaring timber and building material prices and procurement difficulties continues to be disclosed. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there had been no material change in the risk of soaring timber and building material prices and procurement difficulties. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was determined that there had been no material change in the risk of soaring timber and building material prices and procurement difficulties. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was determined that there had been no material change in the risk of soaring timber and building material prices and procurement difficulties. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was determined that there had been no material change in the risk of soaring timber and building material prices and procurement difficulties. - FY2016First statedAnnual report
「If rapid changes in market conditions for timber, building materials and other key components cause material prices to surge or prevent procurement as planned, they may affect the company's performance and financial condition.」
External procurement risk in the housing business, which primarily uses timber.