Risk of rising on-site labor costs due to the 2024 issue and labor shortages
First written in FY2023. 9 of 11 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「While challenges such as longer construction periods due to labor shortages and soaring material prices remained, careful decisions on orders were required, including assessments of delivery schedules and appropriate prices.」
The Company continues to report challenges in securing profit and making order decisions due to labor shortages, longer construction periods, and soaring material prices. - FY2026RestatedAnnual report
「In the construction-related industry in which our Group operates, public-sector capital investment remained solid, and private-sector capital investment also showed gradual signs of recovery. However, challenges continued at sites, including surging material prices, longer construction schedules associated with labor shortages, and higher labor costs. It remained necessary to carefully assess delivery timing and prices, and conditions remained difficult for securing profits.」
The company reconfirms the difficulty of securing profits due to the 2024 problem, labor shortages, longer construction periods, higher site labor costs, and soaring material prices. - FY2026-H1RestatedAnnual report
「In the construction-related industry in which our Group operates, demand remained generally flat. Meanwhile, it remained necessary to carefully assess the effects of surging material prices, longer construction schedules associated with labor shortages, and higher labor costs at sites, and conditions remained difficult in terms of securing profits.」
Amid broadly flat demand, the company reconfirms that soaring material prices, longer construction periods due to labor shortages, and higher labor costs are making it difficult to secure profits. - FY2025RestatedAnnual report
「In the construction-related industry in which our Group operates, demand for capital investment remained generally favorable. However, the 2024 problem in the construction and transportation industries has caused labor shortages and longer construction schedules, while on-site labor costs have risen and material prices have remained high. As a result, it remained necessary to carefully assess the effects on order decisions and construction progress, and conditions remained difficult for earning profits.」
The company reconfirms that the 2024 problem, labor shortages, longer construction periods and higher site labor costs, and persistently high material prices are creating a severe order environment in which generating profits is difficult. - FY2025-H1RestatedAnnual report
「In the construction-related industry in which our Group operates, concerns including the 2024 problem in the construction and transportation industries, longer construction schedules due to labor shortages, higher on-site labor costs, and surging material prices have resulted in persistently difficult conditions for earning profits.」
The company reconfirms that the 2024 problem, longer construction periods and higher site labor costs due to labor shortages, and continued high material prices are making profit generation difficult. - FY2024-Q3MaterialisedAnnual report
「In the construction-related industry in which our Group operates, business sentiment is not poor at present. However, difficult operating conditions continue due to higher construction costs resulting from material price increases, higher labor costs due to labor shortages, and, as reported by some media outlets, the inability to foresee deliveries of electrical wire because supply and demand for electrical wire has become unbalanced. This has resulted in delays and postponements to construction schedules, while general contractors and others have refrained from accepting orders for future projects due to concerns about delivery dates.」
In addition to higher site labor costs associated with the 2024 problem and labor shortages and rising material prices, shortages of electrical wire are resulting in delivery delays, construction delays and postponements, and restraint in accepting orders. - FY2024-Q2RestatedAnnual report
「In the construction-related industry in which our Group operates, on-site operations have begun to resume as shortages of goods have gradually eased. However, difficult operating conditions continue, including higher construction costs due to material price increases and higher on-site labor costs due to labor shortages.」
Although operations have begun moving again following the resolution of product shortages, the company reconfirms the environment of continued higher site labor costs related to the 2024 problem and labor shortages, as well as higher construction costs due to rising material prices. - FY2024-Q1RestatedAnnual report
「In the construction-related industry in which our Group operates, construction costs have risen due to the 2024 problem, higher on-site labor costs resulting from labor shortages, and increases in material prices. However, the market recovery trend has continued as the shortages of goods that had persisted have gradually eased.」
The company continues to identify the 2024 problem, longer construction periods and higher site labor costs due to labor shortages, and higher construction costs resulting from material price increases as challenges related to the severe order environment. - FY2023First statedAnnual report
「The group's most urgent challenges are responding to the severe order environment expected to result from the 2024 problem, higher site labor costs due to labor shortages, and continued increases in material prices.」
The company identifies the severe order environment resulting from the 2024 problem, higher site labor costs due to labor shortages, and continued increases in material prices as new urgent challenges requiring an immediate response.