Market Contraction and Labor Shortages Driven by Population Decline, a Declining Birthrate and an Aging Population
First written in FY2018. 8 of 14 entries say "Restated". Latest entry: 2026-11-13.
Yuasa moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 4 of 8 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- 2026-11-13RestatedResults
「物流業や建設業 における慢性的な人手不足が続きました。」
物流業・建設業における慢性的な人手不足を再確認した。 - FY2027-H1RestatedAnnual report
「At the same time, crude oil and materials prices rose due to geopolitical risks, while chronic labour shortages continued in the logistics and construction industries.」
We have reaffirmed the business environment of continued chronic labour shortages in the logistics and construction industries, together with rising crude oil and materials prices. - 2026-08-07WorsenedResults
「中東情勢による原油価格や資材価格の上昇、また物流業や建設業における人手不足の深刻化による影響が続きました。」
人手不足について「深刻化」と表現し、物流業・建設業への影響が続く状況を記載した。 - FY2026WorsenedAnnual report
「During the current consolidated fiscal year (1 April 2025 to 31 March 2026), Japan's economy continued to recover gradually, with improvements in the income environment and other areas, although labor shortages had become entrenched, particularly in the construction and logistics industries.」
Labor shortages, previously described as a concern that had become pronounced, were characterized as "entrenched," particularly in the construction and logistics industries, and were reported as a structural operating-environment issue. - FY2026-H1WorsenedAnnual report
「Labor shortages have also become pronounced, particularly in the construction and logistics industries, raising concerns about construction delays, longer construction periods and business contraction.」
Regarding labor shortages, the disclosure states that they have become "pronounced," particularly in the construction and logistics industries, and identifies construction delays, longer construction periods and business contraction as impacts. - FY2025-H1WorsenedAnnual report
「In Japan, where the working-age population is declining due to the falling birth rate and aging population, restrictions on working hours under the work-style reform legislation and other factors are expected to cause labor shortages, particularly in the construction and logistics industries, resulting in construction delays, longer construction periods and business contraction.」
The scope of the impact of labor shortages was specified, including construction delays, longer construction periods and business contraction, particularly in the construction and logistics industries. - FY2024-Q2RestatedAnnual report
「In the Construction Machinery segment, public works, including infrastructure development and disaster prevention and mitigation projects, and private-sector capital investment remained firm. Meanwhile, the impact of higher material and energy prices, construction delays caused by a shortage of skilled construction workers, and longer lead times for construction machinery continued to be observed.」
Construction delays caused by a shortage of skilled construction workers continue, together with higher material and energy prices and longer lead times for construction machinery. - FY2023-Q3RestatedAnnual report
「Meanwhile, the impact of longer lead times for construction machinery due to parts shortages, including shortages of automotive semiconductors, higher material and energy prices, and a shortage of skilled construction workers was observed.」
The impact of the shortage of skilled construction workers continues, together with longer lead times for construction machinery and higher material and energy prices. - FY2023-Q2RestatedAnnual report
「Meanwhile, the impact of longer lead times for construction machinery due to parts shortages, including shortages of automotive semiconductors, higher material and energy prices, and a shortage of skilled construction workers was observed.」
The impact of the shortage of skilled construction workers continues, together with longer lead times for construction machinery and higher material and energy prices. - FY2020-Q1RestatedAnnual report
「In the Building and Exterior Products segment, construction periods were delayed in some cases due to a shortage of skilled construction workers and other factors, although」
Construction delays caused by a shortage of skilled construction workers continue to be reported. - FY2019-Q3RestatedAnnual report
「In the Building and Exterior Products segment, construction periods were delayed in some cases due to a shortage of skilled construction workers and other factors. However, demand remained firm, particularly in the Tokyo metropolitan area, for landscaping and exterior products for commercial and logistics facilities, metal building materials for buildings, condominiums and hotels involved in redevelopment projects, and infrastructure-related products.」
Construction delays caused by a shortage of skilled construction workers continue to be reported. - FY2019-Q2RestatedAnnual report
「In addition to the shortage of skilled construction workers, delays in construction periods were seen in some cases due to natural disasters such as typhoons, although」
Construction delays caused by a shortage of skilled construction workers continue to be reported. - FY2019-Q1MaterialisedAnnual report
「In the Building and Exterior Products segment, construction periods were delayed in some cases due to a shortage of skilled construction workers. However, demand remained firm, particularly in the Tokyo metropolitan area, for landscaping and exterior products for commercial and logistics facilities, metal building materials for buildings, condominiums and hotels involved in redevelopment projects, and infrastructure-related products.」
The specific situation of construction delays caused by a shortage of skilled construction workers was described in relation to labor shortages associated with population decline and the declining birth rate and aging population. - FY2018First statedAnnual report
「Regarding the outlook for Japan's economy, concerns include a contraction in market size due to population decline and labor shortages caused by the declining birth rate and aging population.」
Population decline and the resulting market contraction and labor shortages caused by the declining birth rate and aging population were identified as risks in the future operating environment.