Risk of construction schedule delays due to labor and material shortages
First written in FY2020-Q1. 6 of 12 entries say "Restated". Latest entry: FY2025.
Toli moved to the "Worse" side of this theme in 2019.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Against a backdrop of persistently high construction costs and supply constraints caused by labor shortages, construction starts remained weak for both residential and non-residential buildings, and the outlook for future demand became such that optimism was unwarranted.」
Persistently high construction costs, supply constraints caused by labor shortages, and weak construction starts continue. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six 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.」
The company states that there have been no new occurrences or material changes concerning the risk of project delays due to labor and material shortages. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes concerning the risk of project delays due to labor and material shortages. - FY2023-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes concerning the risk of project delays due to labor and material shortages. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes concerning the risk of project delays due to labor and material shortages. - FY2022-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no additional occurrences or material changes concerning the risk of project delays due to labor and material shortages. - FY2021-Q3MaterialisedAnnual report
「In the interior wholesale and construction businesses, the company actively captured orders for renovation projects that had been cancelled or postponed, as well as new demand arising during the COVID-19 pandemic, but a full-scale recovery was not achieved and revenue fell below the previous year.」
Renovation projects that had been cancelled or postponed due to the COVID-19 pandemic actually resumed, but business revenue remained below the previous year even after incorporating those orders. - FY2021-Q2MaterialisedAnnual report
「Demand for interior materials was generally weak, while renovation projects were repeatedly cancelled or postponed due to the COVID-19 pandemic.」
Renovation projects were repeatedly cancelled or postponed due to the infectious disease, and the risks of project delays and interruptions have actually materialized. - FY2021-Q1WorsenedAnnual report
「In the construction industry, which is closely related to the Group's businesses, demand for interior finishing materials was generally weak as deliveries to large-scale redevelopment projects, particularly in urban areas, reached a lull and new housing starts continued to decline. In addition, construction projects were repeatedly suspended or postponed due to the COVID-19 pandemic.」
In addition to project delays caused by labor shortages and other factors, construction interruptions and postponements due to the COVID-19 pandemic have occurred one after another, expanding the factors contributing to the risk of project delays. - FY2020MaterialisedAnnual report
「Meanwhile, the business environment remained challenging due to delays in construction schedules caused by labor shortages and higher logistics costs.」
Project delays caused by labor shortages continue to occur. - FY2020-Q2MaterialisedAnnual report
「In the construction industry, which is closely related to the Group's businesses, construction delays due to labor shortages and other factors were observed, but large-scale redevelopment projects, particularly in urban areas, gathered pace, and demand related to hotels serving inbound visitors was expected to increase.」
The company stated that project delays caused by labor shortages and other factors are actually occurring, indicating that the risk of project delays continues to materialize. - FY2020-Q1First statedAnnual report
「Delays in project schedules due to labor and material shortages have become pronounced, and conditions remain such that optimism is still unwarranted.」
The company stated that project delays caused by labor and material shortages have become pronounced, indicating that external risks in the construction-related business have materialized.