Komori
Kitagawa (6317) · RiskRestated

Difficulty Securing Construction Engineers

First written in FY2017-Q2. 9 of 14 entries say "Restated". Latest entry: FY2025-H1.

14entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2021-Q12016: 12017: 420172018: 320182019: 320192020: 220202021: 020212022: 020222023: 020232024: 12024
Same theme, other companies
Chronic difficulty securing skilled construction workersA theme 54 companies write about · 52 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2024: 12 of 32 companies on the "Worse" side.

29 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 54 companies compared. The sentences above are computed from all 54.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「The construction industry remained firm, supported by solid public investment and signs of a recovery in private-sector construction investment. However, industry challenges such as higher labor costs caused by the chronic shortage of construction workers and persistently high construction-material prices have not been resolved, and these risk factors require continued monitoring.」

    While construction demand remains firm, the chronic shortage of construction workers, higher labor costs and persistently high construction-material prices continue to be cited as risk factors.
  2. FY2021-Q1WorsenedAnnual report

    「In addition, due to the chronic labor shortage and the impact of the coronavirus, maintenance work in the plant business and shipments of climbing cranes in the cargo-handling machinery business were postponed, and some sales are now expected to be recognized in the second quarter.」

    The chronic labor shortage, together with the impact of COVID-19, led to postponements of construction work and shipments and shifted the timing of revenue recognition.
  3. FY2020-Q3RestatedAnnual report

    「Meanwhile, although the tight supply of high-strength bolts at one point eased, the chronic shortage of construction engineers continued, contributing to higher labor costs and construction delays.」

    While the tight supply of high-strength bolts has eased, the chronic shortage of construction engineers has continued, contributing to higher labor costs and construction delays.
  4. FY2020-Q2RestatedAnnual 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.」

    The chronic shortage of construction engineers, particularly reinforcing iron workers, has continued, leading to construction delays and higher costs.
  5. FY2020-Q1RestatedAnnual 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.」

    The shortage of construction engineers and its impact on longer construction periods and higher costs has continued. Difficulty in procuring high-strength bolts was cited as a separate new risk.
  6. FY2019-Q3WorsenedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s November survey of supply and demand for construction labor found a 2.3% shortage of construction skilled workers. Shortages of construction engineers, particularly scaffolders and reinforcing steel workers in building construction, have continued to drive up labor costs and delay construction schedules, and the outlook has also become more challenging.」

    The shortage rate for construction skilled workers rose to 2.3%, and the company states that, in addition to higher labor costs and construction delays, the outlook remains difficult.
  7. FY2019-Q2RestatedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s August survey of supply and demand for construction labor found a 1.4% shortage of construction skilled workers, particularly reinforcing steel workers in building construction. Higher labor costs and construction schedule delays resulting from the shortage of construction engineers have continued.」

    Construction skilled workers were in short supply by 1.4%, and higher labor costs and construction delays due to the shortage of engineers have continued to occur.
  8. FY2019-Q1RestatedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s survey of supply and demand for construction labor found that shortages of construction skilled workers continued, constraining both the delivery schedules and costs of on-site construction.」

    The company continues to recognize that the shortage of construction skilled workers is affecting the delivery times and costs of local construction projects.
  9. FY2018-Q3WorsenedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s November survey of supply and demand for construction labor found a 1.7% shortage of construction skilled workers, particularly reinforcing steel workers and formwork carpenters. Higher labor costs and construction schedule delays resulting from the shortage of construction engineers have continued.」

    The shortage rate for construction skilled workers rose to 1.7% from 1.1% previously, indicating a widening shortage. Higher labor costs and construction delays have also continued.
  10. FY2018-Q2WorsenedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s August survey of supply and demand for construction labor found a 1.1% shortage of construction skilled workers, particularly reinforcing steel workers in building construction. Higher labor costs and construction schedule delays resulting from the shortage of construction engineers have continued.」

    The August survey showed a 1.1% shortage of construction skilled workers, while higher labor costs and construction delays due to the shortage of engineers have continued.
  11. FY2018-Q1RestatedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s May survey of supply and demand for construction labor found a shortage of 0.3% among construction skilled workers, particularly formwork carpenters. Higher labor costs and delays to construction schedules resulting from the shortage of construction engineers have also continued.」

    The shortage of construction skilled workers, particularly formwork carpenters, has continued, as have higher labor costs and delays to construction schedules.
  12. FY2017RestatedAnnual report

    「Meanwhile, the Ministry of Land, Infrastructure, Transport and Tourism’s survey of supply and demand for construction labor found that shortages of construction engineers continued, particularly among formwork carpenters.」

    The company states that the shortage of construction engineers has continued.
  13. FY2017-Q3RestatedAnnual report

    「Meanwhile, the supply and demand balance for construction engineers remained tight, particularly due to typhoon damage in Hokkaido and disaster recovery work following the earthquakes in Kyushu and Kumamoto.」

    The shortage of construction engineers due to disaster recovery work and other factors has continued.
  14. FY2017-Q2First statedAnnual report

    「The effective job-offers-to-applicants ratio for construction engineers has continued to rise, making it difficult to secure construction engineers.」

    The difficulty of securing personnel due to the rising effective job-offers-to-applicants ratio for construction engineers is cited as a business-environment risk.
Moved together

"Domestic and overseas economic conditions and the risk of an economic slowdown in China and emerging markets" moved the same way as this thread, in the same document, in 2 of its 14 moves.

2222★1234
  1. ★This thread
  2. 1Domestic and overseas economic conditions and the risk of an economic slowdown in China and emerging markets2×
  3. 2Procurement Risks from Rising Raw-Material Prices and Tight Demand-Supply Conditions2×
  4. 3Foreign exchange fluctuation risk and foreign exchange losses caused by yen appreciation2×
  5. 4Weak machine-tool orders and declining capital investment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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