Risks from Labor Shortages, Rising Labor Costs and Construction Material Prices

「一方、受注競争の激化に加え、仕入価格や輸送コストの上昇が収まらず、依然として厳しい経営環境が続いております。」

「The challenging operating environment has continued due to further increases in procurement prices, higher transportation costs and intensified competition for orders.」

「In the construction safety equipment industry in which our group operates, disaster prevention and mitigation measures and the National Resilience Plan have continued to support activity, but the operating environment remains challenging due to intensified competition for orders and persistently high procurement prices and transportation costs.」

「Meanwhile, persistently high raw material costs, higher labor costs and labor shortages continued, and construction delays and postponements were observed.」

「Meanwhile, procurement prices and transportation costs continued to rise, product supply delays had not been resolved, and the operating environment remained challenging due also to higher labor costs associated with securing personnel.」

「Meanwhile, soaring raw material costs and labor shortages continued, and some construction projects were observed to have been delayed or postponed.」

「In the construction safety equipment industry in which our group operates, public works and private-sector construction both remained firm, but the challenging environment has continued due to higher procurement prices resulting from soaring raw material costs and construction delays caused by labor shortages.」

「Meanwhile, some construction projects were observed to have been delayed or postponed due to labor shortages and soaring raw material prices.」

「Some construction projects were observed to have been delayed or postponed due to labor shortages and soaring raw material prices.」

「However, raw material prices continued to rise due to the prolonged situation in Ukraine and the sharp depreciation of the yen, and uncertainty persisted.」

「In addition, the impact of soaring raw material prices on procurement prices continued, while price competition was also intense, leaving the operating environment challenging.」

「In addition, procurement prices have risen as many raw material prices have soared, and further price increases appear likely due to the situation in Ukraine and the depreciation of the yen.」

「Meanwhile, the impact of soaring raw material prices on procurement prices had begun to emerge, and price competition was also intense, leaving the operating environment uncertain.」

「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「Meanwhile, labor shortages, persistently high raw material prices and price competition continued, and the operating environment also remained challenging.」

「In the construction safety equipment industry in which the Group operates, construction was delayed by typhoons, but large-scale renewal projects and infrastructure development projects remained stable, while public and private-sector construction remained resilient. Meanwhile, labor shortages and high raw material prices have continued, and the business environment remains uncertain.」

「Construction projects, including large-scale renovation projects and infrastructure development, remained stable, but labor shortages and persistently high raw material prices continued, leaving the outlook for the operating environment uncertain.」

「However, chronic labor shortages and soaring raw material prices have continued, leaving the operating environment uncertain.」

「However, concerns including higher labor costs due to labor shortages and soaring construction material prices continued, while price competition intensified, leaving the operating environment challenging.」

「However, concerns including higher labor costs due to labor shortages and soaring construction material prices have continued.」

「However, concerns including higher labor costs due to labor shortages and soaring construction material prices have continued.」

「Chronic labor shortages and soaring raw material prices are concerns that could affect business performance.」

「Meanwhile, concerns including higher labor costs due to labor shortages and soaring construction material prices have continued.」

「However, concerns including higher labor costs due to labor shortages and soaring construction material prices have continued.」

「No new business or other risks arose during the three months ended March 31. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「Higher labor costs due to chronic labor shortages and persistently high prices for construction materials and other items have continued, leaving the outlook uncertain.」

「However, higher labor costs due to chronic labor shortages and persistently high prices for construction materials and other items continued, leaving the situation uncertain.」

「However, labor costs due to labor shortages and construction materials and other costs continued to rise, and uncertainty persisted.」

「In addition, labor costs due to labor shortages and construction materials and other costs continued to rise, raising concerns about the impact on otherwise firm private investment.」