Fluctuations in construction-material prices and difficulty passing them through to selling prices
First written in FY2017. 24 of 29 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 40 of 60 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For Construction Materials, the Group sets selling prices by adding an appropriate margin to procurement prices, and for Construction Work, it seeks to maintain appropriate profit margins while taking raw-material costs into account.」
The response to the risks of fluctuations in construction-material prices and difficulty passing them through to selling prices, through pricing that reflects appropriate margins and raw-material costs, has been reaffirmed. - FY2026-H1RestatedAnnual report
「In the construction-related industry in which the Group operates, labor costs and material prices remained elevated, while residential investment continued to decline due to longer review periods resulting from mandatory energy-efficiency standards and the reduced scope of Exception No. 4.」
The situation in which labor costs and material prices remain elevated and residential investment continues to decline has been reaffirmed. - FY2025-H1RestatedAnnual report
「In the construction-related industries in which our group operates, the operating environment remained challenging as construction costs rose due to soaring labor costs and persistently high material prices. New housing starts continued to decline, while private and public investment remained firm.」
The situation in which construction costs continue to rise due to elevated material prices and soaring labor costs has been reaffirmed. - FY2024RestatedAnnual report
「If it becomes difficult for the Group to pass changes in procurement prices and other costs of construction materials through to selling prices, this could affect the Group's operating results and financial position.」
The risks of fluctuations in construction-material prices and difficulty passing them through to selling prices, and the response of setting prices that incorporate appropriate margins, have been reaffirmed. - FY2024-Q2RestatedAnnual report
「In the challenging operating environment of rising construction costs, including due to soaring labor costs and persistently high material prices, new housing starts declined, while private and public investment remained firm.」
The situation in which construction costs continue to rise due to elevated material prices and soaring labor costs has been reaffirmed. - FY2024-Q1RestatedAnnual report
「In the construction-related industries in which our group operates, the operating environment remained challenging as construction costs rose, including due to persistently high material prices. New housing starts declined, while private and public investment remained firm.」
The Company describes an environment in which material prices remain elevated and construction costs continue to rise, while private and public investment remain firm. - FY2023RestatedAnnual report
「If it becomes difficult for the Group to pass changes in procurement prices and other costs of construction materials through to selling prices, this could affect the Group's operating results and financial position.」
The risks of fluctuations in construction-material prices and difficulty passing them through to selling prices, and the response of setting prices that incorporate appropriate margins, have been reaffirmed. - FY2023-Q3RestatedAnnual report
「In the challenging operating environment of rising construction costs, including due to soaring material prices and labor costs, new housing starts declined and public investment remained weak, while private investment remained firm.」
The Company reports higher construction costs due to higher material prices and labor costs, a decline in new housing starts, and weak public investment, and has reaffirmed the risks of construction-material price fluctuations and difficulty passing them through to selling prices. - FY2023-Q2RestatedAnnual report
「In the challenging operating environment of rising construction costs, including due to soaring material prices and labor costs, new housing starts and public investment weakened, while private investment remained resilient.」
Construction costs continue to rise due to higher material prices and labor costs, and the existence of the risks of construction-material price fluctuations and difficulty passing them through to selling prices has been reaffirmed. - FY2023-Q1WorsenedAnnual report
「In the challenging operating environment of rising construction costs, including due to soaring material prices and labor costs, new housing starts and public investment weakened, while private investment remained resilient.」
Construction costs continue to rise due to higher material prices and labor costs, reaffirming the difficult environment in which the risks of construction-material price fluctuations and difficulty passing them through to selling prices have materialized. - FY2022WorsenedAnnual report
「In the construction-related industries in which our group operates, the operating environment remained challenging as construction costs rose, including due to soaring material prices. Public investment weakened, while private investment and new housing starts showed signs of recovery.」
Higher material prices have materialized as increased construction costs, compounded by weak public investment. Meanwhile, the Company reports a recovery in private investment and new housing starts. - FY2022-Q3RestatedAnnual report
「In the construction-related industries in which our group operates, the operating environment remained challenging as construction costs rose, including due to soaring material prices. Public investment weakened, while private investment and new housing starts showed signs of recovery.」
The Company states that construction costs continue to rise due to higher material prices and has reaffirmed the existence of the risks of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2022-Q2RestatedAnnual report
「In the construction-related industries in which our group operates, construction costs continued to rise due to soaring material prices and other factors. Public investment remained resilient, while private investment and new housing starts showed signs of recovery.」
The Company states that construction costs continue to rise due to higher material prices and has reaffirmed the existence of the risks of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2022-Q1WorsenedAnnual report
「The business environment remained one in which higher material prices, including the resulting increase in construction costs, raised concerns about downside risks.」
Higher construction-material prices have led to increased construction costs and are explicitly identified as a downside risk. The concern over rising costs has been specifically disclosed in addition to the existing risks of price fluctuations and difficulty passing them through to selling prices. - FY2021RestatedAnnual report
「For Construction Materials, the Group sets selling prices by adding an appropriate margin to procurement prices, and for Construction Work, it seeks to maintain appropriate profit margins while taking raw-material costs into account.」
The response to the risks of fluctuations in construction-material prices and difficulty passing them through to selling prices, through pricing that reflects appropriate margins and raw-material costs, has been reaffirmed. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2020MitigatedAnnual report
「For Construction Materials, the Group sets selling prices by adding an appropriate margin to procurement prices, and for Construction Work, it seeks to maintain appropriate profit margins while taking raw-material costs into account.」
The Company explicitly states that it addresses the risks of fluctuations in construction-material prices and difficulty passing them through to selling prices by setting prices that reflect appropriate margins and raw-material costs. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2020-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any 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 significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the previous year's business and other risks, including fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2019-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any 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 significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2018RestatedAnnual report
「If construction-material prices fluctuate significantly due to trends in demand or other factors, or if it becomes difficult to pass changes in procurement prices and other costs through to selling prices, the Group's business activities may be affected directly or indirectly, which could affect its operating results and financial position.」
The risks of fluctuations in construction-material prices and difficulty passing higher procurement prices through to selling prices have been reaffirmed. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2018-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no significant changes in the risk of fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any 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 significant changes in the previous year's risks, including fluctuations in construction-material prices and difficulty passing them through to selling prices. - FY2017First statedAnnual report
「If construction-material prices fluctuate significantly due to trends in demand or other factors, or if it becomes difficult to pass changes in procurement prices and other costs through to selling prices, the Group's business activities may be affected directly or indirectly, which could affect its operating results and financial position.」
The Company newly identifies fluctuations in construction-material prices and the possibility of being unable to pass higher procurement prices through to selling prices as risks.