Labor Shortages at Construction Sites
First written in FY2018. 5 of 9 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026.
Advan Group moved to the "Worse" side of this theme in 2018, 2 years before 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 "Materialised".
- FY2026MaterialisedAnnual report
「The business operated in a challenging environment in which the chronic shortage of skilled workers at construction sites affected the construction organization, resulting in delays to construction periods and postponed start dates for some large-scale projects.」
The chronic shortage of skilled workers affected the construction organization and actually manifested itself in delays to construction periods and postponed start dates for large-scale projects. - FY2025WorsenedAnnual report
「The building materials-related business operated in a challenging business environment. While expectations for demand from luxury hotels, residential facilities and inbound tourism continued to grow, some construction sites experienced delays and project reviews due to higher procurement costs resulting from higher resource and raw material prices and the weakening yen, as well as the impact of a chronic shortage of skilled tradespeople.」
The chronic shortage of skilled tradespeople affected the actual business environment, resulting in construction delays and project reviews at construction sites. - FY2024RestatedAnnual report
「At the same time, construction costs have risen due to higher resource and material prices and the weakening yen, in addition to the chronic labor shortage, and the business environment surrounding the Group remains challenging.」
The chronic labor shortage continues to be identified as a business-environment issue alongside rising construction costs. - FY2019WorsenedAnnual report
「The business environment was challenging in some respects, partly because labor shortages led to longer construction periods and higher costs.」
Labor shortages affected the business environment not only through higher labor costs, but also through longer construction periods and higher costs. - FY2019-Q1MaterialisedAnnual report
「Higher labor costs due to labor shortages」
In addition to the longstanding issue of labor shortages at construction sites, rising labor costs caused by those shortages have been identified as part of the current economic environment. - FY2018First statedAnnual report
「The issue of labor shortages at construction sites,」
Labor shortages in the construction industry have newly been identified as an industry-wide issue requiring action.