Rising prices of timber, building materials and other materials
First written in FY2016. 16 of 30 entries say "Restated". Latest entry: FY2026.
Agratio urban design moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 7 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Recently, delays in deliveries and sharp price increases for building materials and housing equipment, among other items, due to the worsening and prolongation of the situation in the Middle East have begun to emerge.」
Described the existing material-price and supply risks as a situation in which delivery delays and sharp price increases are actually beginning to emerge. - 2026-05-12WorsenedRevision of earnings forecasts
「Recently, delays in deliveries and sharp price increases for building materials and housing equipment, among other items, due to the worsening and prolongation of the situation in the Middle East have begun to emerge.」
資材価格の高止まりに加え、建築資材・住宅設備機器の納期遅延と価格高騰が顕在化しつつあるとの記載に変化した。 - FY2025WorsenedAnnual report
「The impact of the 2024 problem in the construction and logistics industries is expected to extend construction schedules and lead to further cost increases.」
Assumes further cost increases due to persistently high material and housing-equipment prices, in addition to the 2024 logistics problem. - FY2025-H1RestatedAnnual report
「Although there are concerns, including persistently high prices for development land, building materials and housing equipment, as well as expectations of higher interest rates ahead,」
Continues to identify persistently high land, building-material and housing-equipment prices as a cost concern. - FY2024-Q3RestatedAnnual report
「While factors supporting housing demand were evident, rising prices for commercial-use land, building materials and housing equipment drove up housing prices as real wages struggled to grow, and the housing market, which had been buoyed by the COVID-19 boom, showed signs of moderating.」
The Company continues to disclose the impact on the housing market of higher land prices and prices for construction materials and housing equipment, as well as surging housing prices. - FY2024-Q2MaterialisedAnnual report
「Surging housing prices resulting from higher prices for land for business use and for construction materials and housing equipment caused the housing market, which had been buoyed by COVID-related demand, to show signs of a pause.」
The Company states that higher land prices and prices for construction materials and housing equipment led to surging housing prices and a pause in the housing market, and that the impact of rising costs is continuing. - FY2024-Q1MaterialisedAnnual report
「Surging housing prices resulting from higher prices for land for business use and for construction materials and housing equipment caused the housing market, which had been buoyed by COVID-related demand, to show signs of a pause.」
The Company states that higher land prices and prices for construction materials and housing equipment led to surging housing prices and a pause in the housing market, indicating that material and cost increases have emerged in the business environment. - FY2023WorsenedAnnual report
「Surging housing prices due to higher prices for land for business use and for construction materials and housing equipment」
The Company states that higher land prices and prices for construction materials and housing equipment led to surging housing prices, specifying a situation in which rising costs are affecting demand and the sales environment. - FY2023-Q3RestatedAnnual report
「Although there are negative factors, including surging prices resulting from the global tightening of timber supply and demand known as the "wood shock" that occurred in 2021, disruptions to the supply chain for housing equipment and other products, intensifying competition for high-quality land for business use, the aging of tradespeople, and the impact of rising prices on consumer sentiment,」
The Company continues to identify tight timber supply and demand, disruptions to the supply chain for housing equipment and other products, and concerns regarding land, labor and prices as negative factors in the business environment. - FY2022MaterialisedAnnual report
「Global supply-chain disruptions caused by the COVID-19 pandemic and the "wood shock," which had shown signs of easing, have flared up again due to the situation in Ukraine, and supply and demand for timber and other materials are becoming increasingly tight.」
The Company identifies the resurgence of the "wood shock" and tightening timber supply and demand as current business-environment factors related to material price and supply risks. - FY2022-Q3MaterialisedAnnual report
「Although there are negative factors, including concerns over prolonged surging prices and supply shortages resulting from tight global timber supply and demand, known as the "wood shock," disruptions to the supply chain for housing equipment and other products, intensifying competition for high-quality land for business use, the aging of tradespeople, and the impact of the spread of COVID-19 on consumer sentiment and employment and income conditions,」
Regarding previously identified material and supply-side risks, the Company identifies not only tight timber supply and demand but also disruptions to the supply chain for housing equipment and other products as current negative factors. - FY2022-Q1WorsenedAnnual report
「In the real estate industry to which we belong, concerns persist over surging prices and prolonged supply shortages resulting from tight global timber supply and demand, known as the "wood shock."」
In addition to the existing risk of higher material prices, the Company specifically describes surging prices, supply shortages and concerns that these conditions may persist as a result of tight global timber supply and demand. - FY2021WorsenedAnnual report
「Against the backdrop of increased housing demand, particularly in the United States, due in part to the global spread of remote work during the COVID-19 pandemic, concerns have emerged regarding shortages of imported timber, a key housing material. Going forward, surging imported-timber prices and delivery delays may affect our business development and operating performance.」
In addition to the existing risk of higher material prices, it specifies concerns over shortages of imported timber attributable to remote work, surging prices and delivery delays. - FY2021-Q3RestatedAnnual report
「Although the real estate industry to which we belong faces negative factors, including intensifying competition for high-quality land for detached houses, rising construction costs, the aging of tradespeople, and the impact of consumption tax increases and the spread of COVID-19 on consumer sentiment and employment and income conditions,」
The Company continues to disclose cost-related concerns, including higher construction costs. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes regarding the risk of higher prices for materials such as timber and construction materials. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes regarding the risk of higher prices for materials such as timber and construction materials. - FY2020WorsenedAnnual report
「Although the global disruption to the supply chain for housing equipment and other products caused by the COVID-19 pandemic has subsided at present, if the spread of COVID-19 continues for an extended period, delays in the delivery of housing equipment and other products and price increases may affect our business development and operating performance.」
In addition to the risk of higher material prices, it specifies delays in the delivery of housing equipment and other products and price increases resulting from a prolonged infectious disease outbreak as new risks. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes regarding the risk of higher prices for materials such as timber and construction materials. - FY2019MaterialisedAnnual report
「Gross profit margin declined from 14.5% in the same period of the previous year to 12.9%, due to a higher cost ratio resulting from soaring prices for land for detached homes and price revisions and discount sales implemented to sell completed inventory promptly.」
Rising land and material and housing-equipment costs, together with discount sales, have been reflected in actual results as a decline in the gross profit margin, indicating that the risk of higher material and construction costs has materialized. - FY2019-Q2RestatedAnnual report
「Concerns include intensifying competition for high-quality land for detached houses, rising construction costs and the aging of tradespeople, making it difficult to take an optimistic view of the future business environment.」
The Company continues to identify rising construction costs as a concern in the business environment. - FY2019-Q1RestatedAnnual report
「Concerns include intensifying competition for high-quality land for detached houses, rising construction costs and the aging of tradespeople.」
The Company continues to identify rising construction costs as a concern in the business environment. - FY2018RestatedAnnual report
「If market trends in Japan and overseas cause the prices of materials such as timber and construction materials to rise, the raw-material procurement conditions of the Company or its subcontractors may be affected.」
The Company continues to disclose the risk of lower profits resulting from rising material prices and difficulty passing the increases through to selling prices. - FY2018-Q3RestatedAnnual report
「Concerns include intensifying competition for land acquisition, rising construction costs and shortages of technical personnel associated with the aging of tradespeople.」
The Company continues to identify rising construction costs as a concern in the business environment. - FY2018-Q2RestatedAnnual report
「Concerns include intensifying competition for land acquisition, rising construction costs and the aging of tradespeople.」
The Company continues to identify rising construction costs as a concern in the business environment. - FY2018-Q1RestatedAnnual report
「Concerns include intensifying competition for land acquisition, rising construction costs and the aging of tradespeople.」
The Company continues to identify rising construction costs as a concern in the business environment. - FY2017WorsenedAnnual report
「The business environment surrounding the real estate industry remains challenging due to rising costs, including land costs, materials and housing equipment, labor costs, and intensifying price competition with other companies. This situation is expected to continue for some time.」
The Company indicates that cost increases, including not only material prices but also land costs, housing equipment and labor costs, are expected to continue. - FY2017-Q3RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company continues to identify persistently high construction costs as a concern, but does not describe any new event related to material price risk. - FY2017-Q2RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company has again identified persistently high construction costs as a concern, but does not describe any new event related to material price risk. - FY2017-Q1RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company identifies persistently high construction costs as a concern, but provides no new figures or events concerning material price risk. - FY2016First statedAnnual report
「If the prices of materials such as timber and construction materials rise, the raw-material procurement conditions of the Company or its subcontractors may be affected.」
Risk of lower profits if passing higher costs through to selling prices is difficult.