Limited Spillover of Demand Amid Higher Construction Costs Due to Tight Labor and Material Supplies
First written in FY2017-Q1. 2 of 4 entries say "Dropped", first in FY2017. Latest entry: FY2019.
The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual reportThis filing does not mention the limited spillover of demand caused by labor and material shortages and rising construction costs related to the Tokyo Olympic and Paralympic Games, as described previously.
- FY2018-Q3ReframedAnnual report
「Urban redevelopment projects ahead of the 2020 Tokyo Olympic and Paralympic Games have moved from the land acquisition phase, including soil contamination countermeasures, and the demolition of existing buildings, including asbestos countermeasures, to the building construction phase, where our services are required less frequently. As a result, the order environment has deteriorated more than initially anticipated at the beginning of the fiscal year.」
The explanation of demand related to the Tokyo Olympic and Paralympic Games has changed from limited spillover due to labor and material shortages to reduced demand for our services as redevelopment projects have moved into a different phase. - FY2017DroppedAnnual reportThis filing does not mention the labor and material shortages or construction cost inflation associated with the Tokyo Olympic and Paralympic Games described previously.
- FY2017-Q1First statedAnnual report
「In the Tokyo metropolitan area, construction demand in central Tokyo is strong ahead of the 2020 Tokyo Olympic and Paralympic Games, but construction costs have risen sharply because of shortages of labor and materials, limiting the spillover effects.」
Construction demand is strong, but labor and material shortages and rising construction costs are limiting the spillover effects.