Deterioration in profitability due to labor shortages and higher labor costs in the construction industry
First written in FY2017-Q1. 10 of 16 entries say "Restated". Latest entry: 2026-08-07.
Raiznext moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 8 of 11 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedFinancial Results Presentation
「施工会社の作業員の高齢化や若年世代の就労人口減少により、技能人材の不足が構造的な課題となっている。」
人材不足について、施工会社の高齢化・後継者不足を含む構造的な供給力制約として記載している。 - FY2026RestatedAnnual report
「Against a backdrop of a declining working-age population in the construction industry and the rapid advancement of digital technology, addressing the sophistication of the business structure and sustainable growth has become an important issue.」
The Company recognizes the decline in the working-age population as an ongoing business challenge and cites securing and developing human resources, mechanization, automation and DX as responses. - 2026-05-13WorsenedFinancial Results Presentation
「施工会社の作業員の高齢化や若年世代の就労人口減少により、技能人材の不足が構造的な課題となっている。」
人材不足を一時的な不足ではなく、作業員の高齢化や若年就労人口減少に伴う構造的課題として示した。 - FY2025RestatedAnnual report
「If there is a shortage of construction personnel, including construction supervisors and construction workers, scheduled maintenance or construction work may be delayed.」
The Company continues to recognize shortages of construction personnel as a risk of delays to contracted construction projects, and indicates responses including forecasting construction demand, monitoring staffing levels, and sharing information with partner companies. - FY2024WorsenedAnnual report
「In the construction industry, shortages of construction workers have become apparent, and the introduction of regulations on long working hours is scheduled from fiscal 2024. Addressing work-style reform at construction sites has become an urgent issue.」
The Company states that shortages of construction workers have become “apparent,” making labor shortages and the challenging labor environment more concrete. At the same time, it continues to respond through information sharing with partner companies and planned order placement. - FY2020MitigatedAnnual report
「If there is a shortage of construction workers, or if wages for construction workers soar as a result, the profitability of construction work could deteriorate due to delays in scheduled maintenance and construction work and increases in construction costs. The Company is working to reduce the risk of a sharp rise in wages by passing higher costs through to construction prices and placing a stable volume of construction orders with partner companies based on medium-term construction demand.」
While recognizing shortages of construction workers and soaring wages as ongoing risks, the Company has specified countermeasures including demand forecasts, monitoring staffing levels, sharing information with partner companies, and passing higher costs through to prices. - FY2020-Q3RestatedAnnual report
「Although subcontract processing costs rose amid labor shortages, we reduced other direct construction costs and expenses, securing profitability on individual projects and maintaining strong earnings.」
Rising subcontracted processing costs due to labor shortages continue to be disclosed as an actual earnings-related challenge, with the Company responding by reducing direct construction costs and expenses. - FY2020-Q2RestatedAnnual report
「Although subcontract processing costs rose amid labor shortages, we worked to secure earnings through lower direct construction costs and expense reductions.」
Rising subcontracted processing costs due to labor shortages continue to be disclosed as a factor affecting the earnings environment, with the Company responding through cost reductions and expense cuts. - FY2019-Q2RestatedAnnual report
「In response to higher material prices, labor costs and subcontract processing costs, we worked to secure earnings through lower direct construction costs and ongoing expense reductions.」
The Company continues to identify rising labor and subcontracted processing costs as earnings-related challenges requiring action, and is addressing them through cost reductions and expense cuts. - FY2019-Q1RestatedAnnual report
「The group expects scheduled repair projects in the fiscal year ending March 2019 to increase from the previous fiscal year and anticipates continued demand for plant reinforcement projects, modification and renovation projects to address aging and ensure stable operations, and new plant construction projects for the production of high-function products. Accordingly, it will give top priority to securing orders for these projects and work to maintain profitability by reducing the cost of direct construction expenses and continuously cutting overhead in response to rising material prices, labor costs and subcontract processing costs.」
The Company continues to identify rising labor and subcontracted processing costs as earnings-related challenges requiring action, and indicates a policy of securing earnings through cost reductions and expense cuts. - FY2018-Q2MaterialisedAnnual report
「In terms of earnings, labor shortages and rising labor costs in the construction industry increased construction costs included in subcontracted processing costs, but the Company worked to secure earnings by pursuing ongoing cost reductions through stronger earnings management, improved work efficiency and reductions in indirect costs.」
The Company disclosed that labor shortages and rising labor costs had actually increased construction costs included in subcontracted processing costs. At the same time, it has worked to secure earnings through cost-reduction measures. - FY2018-Q1RestatedAnnual report
「In terms of earnings, the Company is operating in a challenging environment due to labor shortages and rising labor costs in the construction industry, although」
Labor shortages and rising labor costs in the construction industry continue to be disclosed as factors affecting the earnings environment. - FY2017RestatedAnnual report
「Amid labor shortages and pressure for higher labor costs resulting from the busy period and concentration of scheduled maintenance work,」
Labor shortages and pressure for higher labor costs resulting from the concentration of scheduled maintenance work continue to be disclosed as factors affecting the earnings environment. - FY2017-Q3RestatedAnnual report
「In terms of earnings, amid labor shortages and pressure for higher labor costs, the Group as a whole has continued to work to reduce direct and indirect costs through rigorous earnings management.」
Labor shortages and pressure for higher labor costs continue to be factors affecting the earnings environment. - FY2017-Q2RestatedAnnual report
「In terms of earnings, the Company was operating in an environment of labor shortages caused by the concentration of scheduled maintenance work and pressure for higher labor costs, although」
Labor shortages and pressure for higher labor costs resulting from the concentration of scheduled maintenance work continue to be factors affecting the earnings environment. - FY2017-Q1First statedAnnual report
「Meanwhile, in terms of earnings, the Company is operating in a challenging environment as labor shortages in the construction industry and pressure for higher labor costs intensify, although」
The Company describes the actual intensification of labor shortages and pressure for higher labor costs in the construction industry as a challenging earnings environment.