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Sankyo Frontier (9639) · RiskWorsened

Business operating risk from the emerging shortage of construction workers

First written in FY2017-Q2. 11 of 22 entries say "Restated". Latest entry: FY2026.

22entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2024-Q1RestatedFY2025-H12016: 12017: 420172018: 320182019: 420192020: 220202021: 020212022: 020222023: 220232024: 320242025: 020252026: 32026
Same theme, other companies
Construction project delays caused by labor shortages in the construction industryA theme 34 companies write about · 34 as a headwind · 0 as a tailwind

Sankyo Frontier moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).

The whole theme swung hardest in 2022: 6 of 14 companies on the "Worse" side.

7 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Concerns remain regarding a worsening labor shortage due to a mismatch in employment, as well as downside risks to the economy from the future impact of foreign exchange rates and interest rates.」

    It states that worsening labor shortages have led in the construction sector to delays in construction starts, longer construction periods and the cancellation of construction plans.
  2. FY2025-H1RestatedAnnual report

    「Given concerns about shortages of skilled workers at construction sites and the 2024 problem, the outlook cannot be viewed optimistically.」

    It continues to identify shortages of skilled workers at construction sites and concerns regarding the 2024 problem as factors making the outlook difficult to view optimistically despite firm construction demand.
  3. FY2024WorsenedAnnual report

    「There are concerns that shortages of skilled workers and labor attributable to the 2024 problem and other factors will limit the supply capacity for prefabricated unit housing, making it difficult to respond to increased demand and other needs.」

    It is described more specifically as a risk that labor shortages will limit supply capacity and make it difficult to meet demand.
  4. FY2024-Q3WorsenedAnnual report

    「In the construction industry, government and private investment both remain solid, but new construction starts appear to be delayed due to persistently high construction costs. Together with the response to the 2024 issue, this has raised concerns about future impacts.」

    In addition to concerns regarding construction labor shortages and the 2024 problem, delays in new construction starts due to persistently high construction costs have been cited, making concerns about the impact on business operations more concrete.
  5. FY2024-Q2WorsenedAnnual report

    「In the construction industry, both government and private investment are expected to remain solid, but concerns remain about their future impact, including the response to the 2024 issue.」

    In addition to the longstanding concerns regarding shortages of construction workers and other personnel, the response to and future impact of the 2024 problem have newly been identified as specific issues requiring close monitoring.
  6. FY2024-Q1Renewed mention of the shortage of construction workersAnnual report

    「We will continue to monitor the outlook, including the risk of fluctuations in resource and raw material prices and labor shortages related to construction, and work to secure profits.」

    The shortage of construction workers in the construction sector, which had not been mentioned as a separate key risk since FY2020, has again been cited as an issue requiring close monitoring in the business environment.
  7. FY2020DroppedAnnual report

    「Among the matters concerning the business and accounting conditions described in the annual securities report, the principal risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated group are as follows.」

    The FY2020 list of key risks did not identify the shortage of construction workers as a separate risk item.
  8. FY2020-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  9. FY2020-Q2RestatedAnnual report

    「During the cumulative consolidated second quarter under review, there were no significant changes in either the emergence of new business or other risks or the risks described in the securities report for the previous fiscal year.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  10. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  11. FY2019RestatedAnnual report

    「At the same time, higher material procurement costs and shortages of construction workers have become apparent, resulting in notably longer construction periods and higher construction unit prices.」

    It continues to identify the shortage of construction workers, along with longer construction periods and higher construction unit prices resulting from it, as a burden on the business.
  12. FY2019-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  13. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  14. FY2018WorsenedAnnual report

    「At the same time, higher material procurement costs and shortages of construction workers have become apparent, resulting in notably longer construction periods and higher construction unit prices.」

    It states that, in addition to the shortage of construction workers, longer construction periods and rising construction unit prices have become pronounced, making the burden on business operations more concrete.
  15. FY2018-Q3WorsenedAnnual report

    「Higher material procurement costs resulting from fluctuations in raw material prices and higher labor costs due to shortages of construction workers have become apparent, and the outlook cannot be viewed optimistically.」

    It states that, in addition to the shortage of construction workers, rising labor costs resulting from that shortage have become evident, making the burden on business operations more concrete.
  16. FY2018-Q2RestatedAnnual report

    「In the prefabricated unit housing industry, demand has remained strong due to construction demand associated with disaster recovery and the Tokyo Olympics, among other factors. However, the shortage of construction workers has become evident, making the outlook difficult to view optimistically.」

    We have reconfirmed that the emerging shortage of construction workers is a factor making the outlook difficult to view optimistically despite strong demand.
  17. FY2018-Q1RestatedAnnual report

    「Higher material procurement costs resulting from fluctuations in raw material prices and shortages of construction workers have become apparent, and the outlook cannot be viewed optimistically.」

    We have reconfirmed that the emerging shortage of construction workers is a factor making the outlook difficult to view optimistically despite strong demand.
  18. FY2017RestatedAnnual report

    「Higher material procurement costs resulting from fluctuations in raw material prices and shortages of construction workers have become apparent, and the outlook cannot be viewed optimistically.」

    We have reconfirmed that the emerging shortage of construction workers is a factor making the outlook difficult to view optimistically despite strong demand.
  19. FY2017-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    No material change is considered to have occurred in the business operating risk arising from the shortage of construction workers.
  20. FY2017-Q2First statedAnnual report

    「The shortage of construction workers has become evident, and the outlook cannot be viewed optimistically.」

    Amid strong construction demand, the emerging shortage of construction workers is cited as a factor making the outlook difficult to view optimistically.
Moved together

"Economic uncertainty caused by a slowdown in China and emerging markets and currency fluctuations" moved the same way as this thread, in the same document, in 3 of its 22 moves.

3332★1234
  1. ★This thread
  2. 1Economic uncertainty caused by a slowdown in China and emerging markets and currency fluctuations3×
  3. 2Slowing Public Construction Investment and the Demand Outlook3×
  4. 3Risk of Higher Material Purchase Prices Due to Rising Steel and Crude Oil Prices3×
  5. 415,000 new rental units to be deployed2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sankyo Frontier yet. It last moved in the General Meetings of Shareholders of 2026-06-01: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business operating risk from the emerging shortage of construction workers | SANKYO FRONTIER CO.,LTD. (9639) | Komori