Concerns over construction progress due to insufficient capacity among fabricators
First written in FY2017. 3 of 6 entries say "Worsened", first in FY2022. Latest entry: FY2025-H1.
TAKADAKIKO(Steel Construction) moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 6 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2025-H1WorsenedAnnual report
「Although the steel structures business has potential demand from large-scale redevelopment projects in the Tokyo metropolitan area and integrated resort-related projects in the Kansai region, delays to construction schedules and design revisions caused by soaring construction costs and labour shortages became evident, and instances of lower order prices to secure work were observed.」
Labor shortages have made construction delays and design reviews apparent, bringing longstanding concerns about the supply capacity of specialist contractors and skilled workers into concrete focus. - FY2024WorsenedAnnual report
「Although large-scale redevelopment projects in the Tokyo metropolitan area remained firm, steel demand was sluggish during the year due to project cancellations and downsizing caused by unprecedented construction-cost increases, difficulties arranging specialist contractors, and shortages of engineers and skilled workers.」
Difficulties arranging specialist contractors and shortages of engineers and skilled workers gave further concrete form to the longstanding concerns over the smooth progress of large-scale projects and supply capacity. - FY2023-Q3RestatedAnnual report
「In the steel structures business, large-scale redevelopment projects, mainly in the Tokyo metropolitan area, were generally ordered smoothly. However, amid issues involving schedule slippage and soaring steel and ancillary-material prices, securing appropriate order prices reflecting the higher costs remained an important issue for fabricators.」
Orders for large-scale redevelopment projects are generally progressing smoothly, but schedule slippage remains an issue, and uncertainty persists over progress and supply in the fabricators' order environment. - FY2023-Q2RestatedAnnual report
「In the steel structures business, large-scale redevelopment projects, mainly in the Tokyo metropolitan area, were generally ordered smoothly. However, combined with issues involving schedule slippage and the impact of soaring steel and ancillary-material prices, the order environment for fabricators continued to lack clarity.」
Although orders for large-scale projects are progressing, schedule slippage remains an issue, and uncertainty persists over fabricator construction progress and supply capacity. - FY2022WorsenedAnnual report
「Numerous challenges, including the normalization of construction-period and schedule slippage, a shortage of skilled workers and higher fuel costs, stand in the way, making a cautious approach to securing orders necessary.」
In connection with the longstanding concerns over fabricator supply capacity, shortages of skilled workers have emerged as an industry-wide challenge. - FY2017First statedAnnual report
「Given the shortage of engineers on the client side and the supply capacity of fabricators, uncertainty remains over whether progress can proceed smoothly.」
Against the outlook for a sharp increase in demand for large-scale redevelopment projects, the company newly disclosed the possibility that fabricator supply capacity could constrain smooth construction progress.