Prolonged construction and higher costs due to difficulties obtaining high-strength bolts
First written in FY2020-Q1. 1 of 3 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2020-Q3.
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- FY2020-Q3MitigatedAnnual report
「However, the tight supply of high-strength bolts eased from its peak.」
It states that the tight supply of high-strength bolts has eased from its earlier level. - FY2020-Q2MaterialisedAnnual report
「Meanwhile, construction engineers, particularly reinforcing steel workers in building construction, remained chronically scarce, while tight supply and demand for high-strength bolts continued across the industry, contributing to construction schedule delays and higher costs.」
Continuing tight supply and demand for high-strength bolts has become an actual cause of delays in construction schedules and higher costs. - FY2020-Q1First statedAnnual report
「Meanwhile, shortages of construction engineers in many occupations, including formwork carpenters, and continued difficulty obtaining high-strength bolts across the industry contributed to longer on-site construction periods and higher costs.」
It identifies for the first time, as a standalone risk, the continuing difficulty in obtaining high-strength bolts, which has prolonged on-site construction and increased costs.