Labor and Material Price Inflation and Supply-Demand Risks for Skilled Workers
First written in FY2019-Q1. 5 of 14 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2026.
Sunnexta Group moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Revenue from management associations increased as we passed higher labor costs and other increases through to management fees and as repair work increased. In terms of profit, despite higher personnel expenses, increased earnings related to condominium management and lower subcontracting costs contributed to operating profit of ¥426 million, up 21.5% year on year.」
Despite continued increases in labor and other costs, price increases were passed through to property management fees and subcontracting costs were reduced, resulting in a 21.5% year-on-year increase in operating income. - FY2026-H1Price increases and cost-cutting alongside lower revenue and lower earningsAnnual report
「On the earnings side, although the company implemented price increases and reduced subcontracting and other costs, operating income fell to ¥150 million, down 6.5% year on year, due to lower revenue.」
Although the company worked to raise property management fees and reduce subcontracting costs, lower revenue resulted in lower earnings in the condominium management business. - FY2025-H1WorsenedAnnual report
「During the current interim consolidated accounting period, in addition to an increase in repair and construction projects due to water leaks and other factors, construction unit prices rose because of higher labor and material costs, and sales of real estate held for sale progressed」
Higher labor and material costs have been reflected in business performance as higher construction unit prices, making cost pressures more tangible. - FY2024WorsenedAnnual report
「On the profit side, operating profit was ¥249 million, down 14.8% year on year, partly because increases in costs preceded increases in management service fees and because vacancies among building managers and other personnel were filled with temporary staff and others.」
Even after management service fees were raised, costs continued to rise first, and temporary staffing costs to cover vacancies added to the burden, with cost pressures appearing as lower profit in the apartment management business. - FY2024-Q2WorsenedAnnual report
「On the profit side, operating profit was ¥78 million, down 33.1% year on year, partly because increases in outsourced costs preceded increases in management service fees and because vacancies among building managers and other personnel were filled with temporary staff and others.」
In the apartment management business, increases in outsourced costs preceded increases in management service fees, and temporary staffing costs to cover vacancies further weighed on profit. Cost pressures are reflected in the results. - FY2020-Q3RestatedAnnual report
「Conditions requiring close monitoring also continue with respect to higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers.」
The company continues to monitor higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers as risks. - FY2020-Q2RestatedAnnual report
「Conditions requiring close monitoring also continue with respect to higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers.」
The company continues to monitor higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers. - FY2020-Q1RestatedAnnual report
「Conditions requiring close monitoring also continue with respect to higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers.」
The company continues to monitor higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers as risks. - FY2019WorsenedAnnual report
「Conditions requiring close monitoring also continue with respect to higher construction costs resulting from rising labor and transportation costs, the supply-demand situation for skilled workers and measures to address a future consumption tax increase.」
In addition to rising labor and transportation costs and the supply-demand situation for skilled workers, preparations for a future consumption tax increase have been added as a factor requiring monitoring. - FY2019-Q3RestatedAnnual report
「Conditions requiring close monitoring also continue with respect to higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers.」
The company continues to monitor higher construction costs resulting from rising labor and transportation costs and the supply-demand situation for skilled workers as risks. - FY2019-Q2WorsenedAnnual report
「Meanwhile, in the comprehensive facilities management business, competition for contracts to acquire customers remains severe, while construction costs continue to rise due to higher labor and transportation costs, and the supply-demand conditions for skilled workers remain matters requiring close attention.」
In addition to the previous concerns over rising labor and material costs, the company explicitly identifies higher construction costs resulting from rising transportation costs, specifying the drivers of cost increases. - FY2019-Q1First statedAnnual report
「Conditions requiring close monitoring continue with respect to rising labor costs, surging material prices and the supply-demand situation for skilled workers.」
The company identifies rising labor costs, surging material prices and the supply-demand situation for skilled workers as new external risks surrounding the comprehensive facilities management business and other operations.