Construction demand driven by reconstruction needs and redevelopment in the Tokyo metropolitan area
First written in FY2016. 24 of 34 entries say "Restated". Latest entry: 2026-10-30.
The whole theme swung hardest in 2020: 3 of 16 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition to urban redevelopment projects and private-sector capital investment projects, government support through public investment in national resilience measures, infrastructure maintenance and management, and measures addressing aging infrastructure is expected to underpin resilient construction demand.」
The Company continues to indicate resilient construction demand from urban redevelopment, private-sector capital investment, national resilience measures, and infrastructure maintenance, management and measures addressing aging infrastructure. - FY2026-H1Additional demand related to disaster response and aging infrastructureAnnual report
「In the construction industry in which our group operates, public-sector investment and private-sector capital investment remained resilient. However, concerns arose over higher construction costs resulting from persistently high raw material prices and rising labor costs, the tightening labor supply-demand balance caused by the aging of construction workers and labor shortages, and the impact of delays to the start and progress of construction projects associated with the application of upper limits on overtime work. In addition, the prompt response to disasters caused by increasingly severe natural disasters and aging infrastructure has become an urgent priority.」
While reconfirming the resilience of public-sector investment and private-sector capital investment, the Company adds the prompt response to disasters associated with increasingly severe natural disasters and aging infrastructure as a new source of construction demand and an industry challenge. - FY2025-H1RestatedAnnual report
「In the construction industry in which our group operates, public-sector investment and private-sector capital investment remained resilient. However, attention must be paid to the impact of higher construction costs resulting from persistently high steel prices and rising labor costs, the tightening labor supply-demand balance caused by the aging of construction workers and labor shortages, and the application of upper limits on overtime work in the construction industry from April 2024.」
The Company continues to cite construction costs, labor shortages, a tight labor supply-demand balance and the impact of overtime work regulations as factors in the business environment, despite resilient public-sector investment and private-sector capital investment. - FY2024-Q3RestatedAnnual report
「In the construction industry in which our group operates, public-sector investment and private-sector capital investment remained resilient. However, the order environment continues to be challenging due to higher construction costs resulting from persistently high construction material prices and rising labor costs, as well as the aging of construction workers and difficulties securing personnel.」
The Company continues to indicate that although public-sector investment and private-sector capital investment remain resilient, the order environment is challenging due to higher construction costs and personnel-related issues. - FY2024-Q2RestatedAnnual report
「In the construction industry in which our group operates, public-sector investment and private-sector capital investment remained resilient. However, the order environment continues to be challenging due to higher construction costs resulting from persistently high raw material and steel prices and rising labor costs, as well as the aging of construction workers and difficulties securing personnel.」
The Company continues to indicate that although public-sector investment and private-sector capital investment remain resilient, the order environment is challenging due to higher construction costs and personnel-related issues. - FY2024-Q1RestatedAnnual report
「In the construction industry in which our group operates, public-sector investment and private-sector capital investment remained resilient. However, the order environment continues to be challenging due to higher construction costs resulting from persistently high raw material and steel prices and rising labor costs, as well as the aging of construction workers and difficulties securing personnel.」
The Company indicates that although public-sector investment and private-sector capital investment remained resilient, the order environment was challenging due to higher construction costs and personnel-related issues. - FY2023-Q3RestatedAnnual report
「In the construction industry in which our group operates, construction investment remained resilient, but the order environment became increasingly challenging due to the significant impact of rising prices for construction materials and other items.」
The Company indicates that although construction investment remained resilient, the order environment was challenging due to higher prices for construction materials and other items. - FY2023-Q2RestatedAnnual report
「In the construction industry in which our group operates, construction investment showed resilience, but the order environment became increasingly challenging as construction costs rose due to higher construction material prices and other factors.」
The Company indicates that although construction investment showed resilience, the order environment was challenging due to higher construction costs. - FY2023-Q1WorsenedAnnual report
「In the construction industry in which our group operates, signs of a recovery in capital investment were observed, but the order environment became even more challenging as construction costs increased due to higher raw material and steel prices.」
The Company states that although capital investment showed signs of recovery, the order environment became even more challenging as construction costs increased due to higher raw material and steel prices. - FY2022-Q3WorsenedAnnual report
「In the construction industry in which our group operates, the recovery in capital investment slowed, while delays in procuring equipment and materials and shortages of engineers also had an impact, resulting in longer construction periods and delays to construction starts. In addition, raw material and steel prices continue to remain high.」
The Company states that the construction industry continues to face a slowdown in the recovery of capital investment, delays in procuring equipment and materials, shortages of engineers, longer construction periods, delays to construction starts, and high raw material and steel prices. - FY2022-Q2RestatedAnnual report
「Demand is expected from private-sector capital investment projects centered on redevelopment in the Tokyo metropolitan area and infrastructure development focused on disaster prevention and mitigation to advance the national resilience plan. However, delays to the start and progress of construction projects and continued pressure on profitability amid order competition are expected due to shortages of engineers, delays in procuring equipment and materials, and higher raw material and steel prices.」
The Company expects demand from redevelopment in the Tokyo metropolitan area and infrastructure development focused on disaster prevention and mitigation, while indicating that delays to construction starts and progress, as well as continued pressure on profitability, will result from supply constraints and higher prices. - FY2022-Q1RestatedAnnual report
「The construction industry in which our group operates was also unable to avoid the impact of the COVID-19 pandemic. Delays to the start and progress of construction projects, mainly in private-sector capital investment, were observed, and plans were revised in some cases.」
The Company states that delays to the start and progress of construction projects and plan revisions caused by the pandemic continued in construction demand centered on private-sector capital investment. - FY2021-Q3RestatedAnnual report
「The construction industry in which our group operates was also unable to avoid the impact of the COVID-19 pandemic. In addition to difficulties securing workers, equipment and materials, uncertainty about the economic outlook resulted mainly in delays to the start and progress of construction projects related to private-sector capital investment, as well as the revision of plans in some cases.」
The Company continues to describe the occurrence of delays to the start and progress of construction projects and revisions to plans, mainly in private-sector capital investment, amid the impact of the COVID-19 pandemic. - FY2021-Q2RestatedAnnual report
「The construction industry in which our group operates was also unable to avoid the impact of the COVID-19 pandemic. In addition to difficulties securing workers, equipment and materials, uncertainty about the economic outlook resulted mainly in delays to the start and progress of construction projects related to private-sector capital investment, as well as the revision of plans in some cases.」
The Company continues to describe the impact of the COVID-19 pandemic on construction demand, difficulties securing workers, equipment and materials, and delays to the start and progress of construction projects and plan revisions, mainly in private-sector capital investment. - FY2021-Q1WorsenedAnnual report
「The impact of the COVID-19 pandemic was significant. In addition to difficulties securing workers, equipment and materials, uncertainty about the economic outlook was unavoidable, resulting mainly in delays to the start and progress of construction projects related to private-sector capital investment, as well as the revision of plans in some cases.」
The Company states that the COVID-19 pandemic actually resulted in delays to the start and progress of construction projects, and the revision of construction plans, mainly in private-sector capital investment. - FY2020Change in the description of private-sector investmentAnnual report
「Private-sector capital investment centered on redevelopment in the Tokyo metropolitan area followed a moderate upward trend, while public-sector investment, including infrastructure development, remained firm.」
The description of private-sector capital investment changed from “firm” to “a moderate upward trend,” while public-sector investment was described as firm. - FY2020-Q3RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment, including infrastructure development, also remained resilient and firm.」
The Company reconfirms its view that private-sector capital investment centered on redevelopment in the Tokyo metropolitan area and public-sector investment, including infrastructure development, remained resilient. - FY2020-Q2RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment, including infrastructure development, also remained resilient.」
The Company continues to recognize that private-sector capital investment centered on redevelopment in the Tokyo metropolitan area and public-sector investment, including infrastructure development, remain resilient. - FY2020-Q1RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment, including infrastructure development, also remained resilient.」
The Company continues to describe firm private-sector capital investment centered on redevelopment in the Tokyo metropolitan area and resilient public-sector investment. - FY2019RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment, including infrastructure development, also remained firm.」
The Company states that public-sector investment, including infrastructure development, was also firm, in addition to private-sector capital investment centered on redevelopment in the Tokyo metropolitan area. - FY2019-Q3RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment, including infrastructure development, also remained firm.」
The Company states that public-sector investment also remained firm, in addition to private-sector capital investment centered on redevelopment in the Tokyo metropolitan area. - FY2019-Q2RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment also remained resilient.」
The Company continues to describe firm private-sector capital investment centered on redevelopment in the Tokyo metropolitan area and resilient public-sector investment. - FY2019-Q1Change in the description of public-sector investmentAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, and public-sector investment also remained resilient.」
While private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, public-sector investment is described as having remained resilient, replacing the previous description of it as having increased. - FY2018RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on urban redevelopment and infrastructure development in the Tokyo metropolitan area remained firm, Olympics-related projects moved into full swing, and public-sector investment also increased.」
The Company continues to describe construction demand against a backdrop of redevelopment in the Tokyo metropolitan area, infrastructure development, Olympics-related projects and increased public-sector investment. - FY2018-Q3AdvancedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on urban redevelopment and infrastructure development in the Tokyo metropolitan area remained firm, Olympics-related projects moved into full swing, and public-sector investment also increased.」
The Company states that Olympics-related projects moved into full swing while private-sector capital investment remained firm and public-sector investment continued to increase. - FY2018-Q2RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, Olympics-related projects commenced, and public-sector investment increased.」
The Company continues to describe construction demand against a backdrop of redevelopment in the Tokyo metropolitan area, Olympics-related projects and increased public-sector investment. - FY2018-Q1RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, Olympics-related projects commenced successively, and public-sector investment increased.」
The Company continues to describe construction demand against a backdrop of redevelopment in the Tokyo metropolitan area, Olympics-related projects and increased public-sector investment. - FY2017Increase in public-sector investment and commencement of Olympics-related projectsAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, Olympics-related projects commenced, and public-sector investment increased.」
While private-sector capital investment remained firm, the description of the demand environment changed from the slight decline in public-sector investment through the previous quarter to an increase in the current year. The commencement of Olympics-related projects was also explicitly noted. - FY2017-Q3RestatedAnnual report
「In the construction industry in which our group operates, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, while public-sector investment declined slightly.」
The Company continues to report firm private-sector capital investment centered on redevelopment in the Tokyo metropolitan area, while public-sector investment declined slightly. - FY2017-Q2Changes in demand mixAnnual report
「Private-sector capital investment, centered on redevelopment in the Tokyo metropolitan area, remained firm, while public-sector investment declined slightly.」
While private-sector capital investment centered on redevelopment in the Tokyo metropolitan area remained firm, public-sector investment declined slightly, indicating a change in the composition of demand. - FY2017-Q1RestatedAnnual report
「In the construction industry in which our group operates, construction investment remained firm, driven by reconstruction-related projects in Tohoku, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area, and investment in trunk-road development, and resilient demand continued. In addition to infrastructure development for disaster prevention and mitigation, construction demand is expected from projects related to the Tokyo Olympics and Paralympics and development of the Chuo Shinkansen maglev line.」
The Company reconfirms resilient demand from reconstruction-related projects and redevelopment in the Tokyo metropolitan area, and lists disaster prevention and mitigation, the Tokyo Olympics and Paralympics, and the Chuo Shinkansen maglev line as future demand drivers. - FY2016First statedAnnual report
「In the construction industry, construction investment remained firm, driven by reconstruction demand in Tohoku, private-sector capital investment centered on redevelopment in the Tokyo metropolitan area, and investment in trunk-road development, while resilient demand continued.」
The Company explains that the business environment for the year was characterized by firm construction investment and continued resilient demand.