Decline in Domestic Construction Investment and Cement Demand

「Domestic cement demand was supported to some extent by national resilience measures, defense-related projects, urban development projects, factory construction associated with the reshoring of supply chains, including semiconductor-related businesses, and the Chuo Shinkansen maglev line. However, demand was also affected by higher construction costs, lower Saturday shipments as the five-day workweek became more widespread at construction sites, and longer construction periods resulting from the chronic shortage of construction workers. Overall demand fell 6.5% from the previous fiscal year to 30.53 million tonnes.」

「Although a certain level of demand was maintained for national resilience measures, defense-related projects, urban development, plant construction resulting from the reshoring of supply chains, and the Linear Chuo Shinkansen, total domestic cement demand declined 6.1% year on year to 15.34 million tonnes due to the combined effects of soaring construction costs, chronic labor shortages, a substantial decline in Saturday shipments accompanying the expansion of the five-day workweek at construction sites, and schedule delays caused by summer heatstroke-prevention measures.」

「While demand remained at a certain level due to projects including the extension of the Hokkaido Shinkansen to Sapporo, large-scale urban redevelopment, and new semiconductor-related plants, demand remained weak due to the combined effects of chronic labor shortages, the expansion of the five-day workweek, soaring construction costs, and shortages of lightweight aggregates. In addition, adverse weather, including torrential rain caused by typhoons and linear rain bands and heavy snowfall on the Sea of Japan side, also weighed on demand. As a result, overall demand declined 5.6% from the previous period to 32.66 million tonnes.」

「Although a certain level of demand remained due to the extension of the Hokkaido Shinkansen to Sapporo, large-scale redevelopment projects, and new semiconductor-related plant construction, total domestic cement demand declined 6.0% year on year to 16.34 million tonnes due to the combined effects of higher costs, labor shortages, and delays in construction schedules and project starts caused by heavy rain, typhoons, and extreme heat.」

「While urban redevelopment and the construction and expansion of logistics facilities provided a certain level of demand, overall demand remained weak due to delays in construction schedules and longer construction periods caused by rising costs and shortages of skilled workers at construction sites. As a result, overall demand declined 7.3% from the previous period to 34.57 million tonnes.」

「Although demand remained for urban redevelopment and logistics facilities, domestic cement demand overall remained weak due to chronic labor shortages at construction sites, higher prices for materials and labor, delays in project starts, and lengthened construction periods. Total demand declined 6.6% year on year to 26.70 million tonnes.」

「Although a certain level of domestic cement demand remained due to urban redevelopment and the active construction of new and expanded logistics facilities, demand overall remained weak due to higher material prices and labor costs, as well as schedule delays and lengthened construction periods caused by shortages of skilled workers at construction sites. Total demand declined 6.5% year on year to 17.39 million tonnes.」

「Although a certain level of private-sector demand remained due to urban redevelopment, expressway construction, and the construction of new and expanded logistics facilities, shipments overall remained weak due to lower cement intensity resulting from higher construction labor and material costs, as well as schedule delays caused by work-style reforms in the construction and transport industries and shortages of skilled construction workers. Total demand declined 6.5% year on year to 8.57 million tonnes.」

「Domestic cement demand remained at approximately the same level as in the previous period in the private sector, where demand remained at a certain level due to active urban redevelopment and the construction and expansion of logistics facilities, while housing demand declined amid concerns over higher construction costs and rising mortgage rates. Public-sector demand remained weak as higher labor and construction-material costs reduced cement consumption per unit of construction, while chronic labor shortages at construction sites caused schedule delays. As a result, overall demand declined 1.5% from the previous period to 37.28 million tonnes.」

「While private-sector demand remained at a certain level, supported by active urban redevelopment and the construction and expansion of logistics facilities, public-sector demand remained weak for the second consecutive year due to chronic labor shortages at construction sites and unfavorable weather. Overall demand declined 1.3% year on year to 28.59 million tonnes.」

「Although private-sector demand remained at a certain level due to active urban redevelopment and construction of new and expanded logistics facilities, public-sector demand remained weak, as it had the previous year, due to unsuccessful or failed bids caused by higher material prices and labor costs. Overall demand declined 0.5% year on year to 18.59 million tonnes.」

「Private-sector shipments remained firm due to the accelerating redevelopment of urban areas and active construction of new and expanded logistics facilities. Public-sector demand remained weak, as it had the previous year, due to schedule delays and lengthened construction periods caused by persistently high material prices and labor costs. Overall demand declined 0.5% year on year to 9.17 million tonnes.」

「The company may be affected if construction investment declines and demand falls significantly for cement, ready-mix concrete, building and civil engineering products and other businesses.」

「Although the nationwide impact of the spread of COVID-19 on domestic cement demand was limited, public- and private-sector demand remained weak outside the Tokyo metropolitan area, where large-scale redevelopment projects recovered and exceeded the previous year. Overall demand declined 2.1% year on year to 28.98 million tonnes due to the completion of major construction projects and earthquake-reconstruction demand, among other factors.」

「Although private-sector demand showed signs of recovery, public-sector demand was weak, and domestic cement demand remained sluggish due to schedule delays and lengthened construction periods caused by shortages of construction workers, as well as severe weather. Total demand declined 1.8% year on year to 18.69 million tonnes.」

「Although the nationwide impact of COVID-19 on domestic cement demand was limited, public- and private-sector demand remained weak outside the Tokyo metropolitan area, where large-scale redevelopment projects recovered and exceeded the previous year. Overall demand declined 1.8% year on year to 9.22 million tonnes due to the completion of major construction projects and other factors.」

「Although the impact of construction stoppages and other disruptions caused by the spread of COVID-19 diminished from June onward, public- and private-sector demand both remained weak due in part to schedule delays and longer construction periods caused by shortages of construction workers. Overall demand declined 5.6% from the previous period to 38.67 million tonnes.」

「Although the impact of construction stoppages caused by the spread of COVID-19 declined from June onward, public- and private-sector demand both remained weak due to schedule delays and lengthened construction periods caused by shortages of construction workers. As a result, total domestic cement demand declined 5.4% year on year to 29.61 million tonnes.」

「Although the impact of construction stoppages caused by the spread of COVID-19 declined from June onward, public- and private-sector demand both remained weak due to delays in the start of major construction projects and the effects of severe weather. As a result, total domestic cement demand declined 6.4% year on year to 19.05 million tonnes.」

「Domestic cement demand remained weak in both public- and private-sector demand due to continued sluggish demand since the second half of the previous fiscal year and the effects of the spread of COVID-19. Total demand declined 6.3% year on year to 9.39 million tonnes.」

「Domestic cement demand fell below the previous year in both public- and private-sector demand due to the winding down of demand related to the Tokyo Olympic and Paralympic Games and earthquake reconstruction, as well as the lengthening of construction schedules caused by shortages of construction workers nationwide. Total demand declined 3.8% from the previous period to 40.97 million tonnes.」

「Domestic cement demand trended downward in both the public and private sectors, due to the peak-out of demand related to the Tokyo Olympics and Paralympics and reconstruction following the Great East Japan Earthquake, as well as longer construction periods resulting from labor shortages at construction sites. Overall demand declined 3.6% year on year to 31.33 million tonnes.」

「Domestic cement demand has been trending downward in both public- and private-sector demand due to the peaking of demand related to the Tokyo Olympic and Paralympic Games and reconstruction following the Great East Japan Earthquake, as well as the completion of construction on the Yamba Dam, a special-demand project last year. Total demand declined 1.9% year on year to 20.36 million tonnes.」

「Domestic cement demand has been trending downward in both public- and private-sector demand due to the peaking of demand related to the Tokyo Olympic and Paralympic Games and reconstruction following the Great East Japan Earthquake, as well as the completion of construction on the Yamba Dam, a special-demand project last year. Total demand declined 4.0% year on year to 10.03 million tonnes.」

「As projects related to the Tokyo Olympics and Paralympics gathered pace, public-sector demand trended upward with the progress of Shinkansen-related projects in various regions. Private-sector demand also remained firm, supported by redevelopment projects mainly in the Tokyo metropolitan area and increased private capital investment amid improved corporate earnings. Overall demand increased 1.7% from the previous period to 42.58 million tonnes.」

「Domestic cement demand remained firm, with public-sector demand trending upward as Shinkansen-related projects progressed in various regions, and private-sector demand supported by redevelopment projects mainly in the Tokyo metropolitan area, projects related to the Tokyo Olympics and Paralympics, and increased private capital investment amid improved corporate earnings. Overall demand increased 1.3% year on year to 32.51 million tonnes.」

「Although public-sector demand remained weak, private-sector demand showed an upward trend, driven by increased private capital investment, including redevelopment projects mainly in the Tokyo metropolitan area. Overall demand was 20.77 million tonnes, remaining at approximately the same level as in the same period of the previous year.」

「Domestic cement demand showed an upward trend in private-sector demand, driven by increased private capital investment, including projects related to Shinkansen extensions and redevelopment projects mainly in the Tokyo metropolitan area, reaching 10.46 million tonnes, up 2.2% from the same period of the previous year.」

「Domestic cement demand was firm in the first half, as public-sector demand benefited from execution of the supplementary budget for the previous fiscal year, but weakened in the second half due to factors including adverse weather and extended construction periods, resulting in full-year demand below the previous year. …Overall, demand increased 0.2% to 41.87 million tonnes compared with the previous fiscal year.」

「Domestic cement demand was on an increasing trend in both public- and private-sector demand due to an increase in public works resulting from execution of the supplementary budget for the previous fiscal year and an increase in corporate capital investment, rising to 32.10 million tonnes, up 1.3% from the same period of the previous year.」

「Domestic cement demand was on an increasing trend in both public- and private-sector demand due to an increase in public works resulting from execution of the supplementary budget for the previous fiscal year and an increase in corporate capital investment, rising to 20.84 million tonnes, up 3.1% from the same period of the previous year.」

「Domestic cement demand was on an increasing trend in both public- and private-sector demand due to an increase in public works resulting from execution of the supplementary budget for the previous fiscal year and an increase in corporate capital investment, rising to 10.23 million tonnes, up 4.3% from the same period of the previous year.」

「Domestic cement demand was on a declining trend in both public- and private-sector demand due to factors including lower public works spending and increases in material and labour costs, falling to 41.77 million tonnes, down 2.0% from the previous fiscal year.」

「Domestic cement demand was on a declining trend in both public- and private-sector demand due to factors including lower public works spending and increases in material and labour costs, falling to 31.66 million tonnes, down 3.2% from the same period of the previous year.」

「Domestic cement demand was on a declining trend in both public- and private-sector demand due to factors including lower public works spending and increases in material and labour costs, falling to 20.20 million tonnes, down 4.4% from the same period of the previous year.」

「Domestic cement demand was on a declining trend in both public- and private-sector demand due to factors including lower public works spending and increases in material and labour costs, falling to 9.80 million tonnes, down 6.6% from the same period of the previous year.」

「The company may be affected if construction investment declines and demand falls significantly for cement, ready-mix concrete, building and civil engineering products and other businesses.」