Construction delays due to shortages of skilled tradespeople and subcontractors
First written in FY2016. 18 of 20 entries say "Restated". Latest entry: FY2025.
Agratio urban design moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- 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.」
In addition to the existing risk of construction delays caused by shortages of tradespeople and subcontractors, it explicitly states that the 2024 problem is expected to extend construction schedules and result in additional costs. - FY2024-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 states that there have been no material changes regarding the risk of construction delays caused by shortages of tradespeople and subcontractors. - FY2023-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 construction delays caused by shortages of tradespeople and subcontractors. - 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 supply-side concerns regarding construction, including the aging of tradespeople, but does not indicate that construction delays have occurred. - 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 construction delays caused by shortages of tradespeople and subcontractors. - 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 construction delays caused by shortages of tradespeople and subcontractors. - FY2020RestatedAnnual report
「We rely on subcontractors for most of the construction work involved in our detached houses for sale. We are focusing on securing subcontractors, but if the number of subcontractors declines due to shortages of tradespeople or other factors, if we are unable to secure enough subcontractors meeting our selection criteria as the number of homes sold increases, or if construction schedules are delayed due to financial difficulties, capacity constraints or other issues affecting subcontractors, our business development and operating performance may be affected.」
The Company continues to disclose the risk of construction delays resulting from reliance on subcontracted construction work and shortages of tradespeople and subcontractors. - 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 construction delays caused by shortages of tradespeople and subcontractors. - FY2019RestatedAnnual report
「Concerns include intensifying competition for high-quality land for detached houses, rising construction costs, the aging of tradespeople and the impact on consumer sentiment of the consumption tax increase scheduled for October 2019.」
The Company continues to identify the aging of tradespeople as a supply-side concern for construction, but does not indicate that construction delays have occurred. - 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 the aging of tradespeople as a supply-side concern for construction, but does not indicate that construction delays have occurred. - FY2019-Q1RestatedAnnual 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 the aging of tradespeople as a supply-side concern for construction, but does not indicate that construction delays have occurred. - FY2018RestatedAnnual report
「We rely on subcontractors for most of the construction work involved in our detached houses for sale. We are focusing on securing subcontractors, but if the number of subcontractors declines due to shortages of tradespeople or other factors, if we are unable to secure enough subcontractors meeting our selection criteria as the number of homes sold increases, or if construction schedules are delayed due to financial difficulties, capacity constraints or other issues affecting subcontractors, our business development and operating performance may be affected.」
The Company continues to disclose its reliance on subcontracted construction work and the risk of construction delays caused by shortages of tradespeople, subcontractors and capacity. - 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 shortages of technical personnel associated with the aging of tradespeople as a supply-side concern for construction. - FY2018-Q2RestatedAnnual report
「Concerns include intensifying competition for land acquisition, rising construction costs and the aging of tradespeople.」
The Company continues to identify the aging of tradespeople as a supply-side concern for construction. - FY2018-Q1RestatedAnnual report
「Concerns include intensifying competition for land acquisition, rising construction costs and the aging of tradespeople.」
The Company continues to identify supply-side concerns regarding tradespeople, specifically their aging. - FY2017RestatedAnnual report
「We rely on subcontractors for most of the construction work involved in our detached houses for sale. We are focusing on securing subcontractors, but if the number of subcontractors declines due to shortages of tradespeople or other factors, if we are unable to secure enough subcontractors meeting our selection criteria as the number of homes sold increases, or if construction schedules are delayed due to financial difficulties, capacity constraints or other issues affecting subcontractors, our business development and operating performance may be affected.」
The Company continues to disclose its reliance on subcontracted construction work and the risk of construction delays caused by shortages of tradespeople, subcontractors and capacity. - FY2017-Q3RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company continues to identify shortages of tradespeople as a concern in the business environment, but does not state that construction delays have occurred. - FY2017-Q2RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company continues to identify shortages of tradespeople as a concern in the business environment, but does not state that construction delays have occurred. - FY2017-Q1RestatedAnnual report
「Concerns include persistently high construction costs, shortages of tradespeople and rising land prices.」
The Company has again identified shortages of tradespeople as a concern in the current business environment, but does not state that construction delays have occurred. - FY2016First statedAnnual report
「We rely on subcontractors for most of the construction work involved in our detached houses for sale.」
The Company relies on subcontractors for most of its construction work, and risks include a decline in the number of subcontractors, capacity constraints and financial difficulties among them.