Construction labor shortages and intensifying competition for orders and prices
First written in FY2017. 4 of 8 entries say "Worsened", first in FY2024. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「In the modular and system-built construction business, demand and inquiries from a broad range of industries and sectors increased, aided by the contribution of exhibition halls opened in the previous fiscal year. However, as the shortage of skilled workers in the market and the rise in material costs progressed, corporate capital investment projects tended to be scaled down from large to small projects, and order intake showed signs of slowing.」
The shortage of engineers and labor is now appearing in business results as smaller corporate capital investment projects and slower order intake, rather than merely as a staffing challenge. - 2026-05-15WorsenedEarnings
「建設業界におきましては、建設投資が公共、民間ともに堅調に推移するものの、労働力不足や資材価格・労務費の上昇といった要因から、依然として不透明な状況が続く」
労働力不足に加え、資材価格・労務費上昇を次期の建設業界の課題として継続記載している。 - FY2026-H1RestatedAnnual report
「Although improvements in employment and income conditions have been observed, the perception of labor shortages remains high.」
The assessment that labor shortages remain severe continues. - FY2025WorsenedAnnual report
「In the construction industry, public- and private-sector construction investment is expected to remain firm, but the business environment is likely to remain unpredictable, with uncertainty continuing due to factors such as labour shortages and higher material and labour costs. The application of laws related to work-style reform is also creating a need to secure personnel and respond to changes in working conditions by setting appropriate construction periods.」
In addition to addressing the existing shortage of engineers, the challenges have expanded to include labor shortages, rising labor costs, and securing personnel and setting construction periods in connection with laws related to work-style reforms. - FY2024WorsenedAnnual report
「Although construction investment is expected to remain firm in both the public and private sectors, the operating environment is expected to remain uncertain, with the application of laws related to work-style reform requiring the company to secure personnel and respond to changes in site conditions through appropriate construction-period planning, among other matters.」
In addition to addressing the existing shortage of engineers, the disclosure identifies securing personnel, setting appropriate construction periods, and responding to changes in site conditions resulting from the application of laws related to work-style reforms, broadening the challenges related to labor availability and construction systems. - FY2023RestatedAnnual report
「We will also focus on developing engineers and work to resolve the shortage by actively supporting employees in obtaining qualifications.」
Support for obtaining qualifications continues as a response to the shortage of engineers. - FY2018ReframedAnnual report
「However, attention should be paid to the decline in construction orders resulting from a shortage of engineers.」
The focus of the risk has been narrowed from the previously cited shortages of construction workers and competition for orders and prices to the need to monitor a decline in construction orders due to a shortage of engineers. - FY2017First statedAnnual report
「The business environment remained challenging, with chronic shortages of construction workers and continued fierce competition for orders and prices.」
Shortages of construction workers and intensifying competition for orders and prices are described as current business conditions in the module and system construction business.