Fluctuations in steel prices
First written in FY2016. 12 of 23 entries say "Restated". Latest entry: FY2026.
Maruken Lease moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2021: 13 of 28 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「At the same time, persistently high equipment and material prices and tight labor supply and demand are affecting construction schedules and earnings.」
It states that persistently high equipment and material prices, including steel, together with tight labor supply and demand, are affecting construction schedules and earnings. - FY2026-H1RestatedAnnual report
「Although public works and large-scale redevelopment projects remain firm in the construction industry, the surge in prices for materials and equipment and labor shortages have not improved, and difficult conditions continue.」
It reconfirms that the difficult business environment continues, as surging prices for construction materials and equipment and labor shortages have not improved. - FY2025WorsenedAnnual report
「Surging prices for construction materials and equipment and tight labor supply are affecting construction schedules and profitability, and the difficult business environment continues.」
It reconfirms that surging prices for construction materials and equipment, including steel, are affecting construction schedules and profitability, and that high costs continue. - FY2025-H1RestatedAnnual report
「In the construction industry, government construction investment remained solid, and private construction investment also showed signs of recovery as corporate performance recovered. Meanwhile, surging prices for construction materials, equipment and labor costs are squeezing construction profitability, and the operating environment remains difficult.」
It reconfirms that, while government and private construction investment are recovering, surging prices for construction materials, equipment and labor costs are squeezing construction profitability and difficult conditions continue. - FY2024WorsenedAnnual report
「Surging steel prices in fiscal 2024 may affect the group’s operating results and financial position.」
The wording has become more specific, shifting from the general possibility of price fluctuations in fiscal 2023 to the risk of steel prices surging in fiscal 2024. - FY2024-Q3RestatedAnnual report
「Construction investment remained solid and capital investment also showed signs of recovery, but a difficult order-taking environment continues due to persistently high costs for materials, equipment, and logistics, as well as surging labor costs.」
It continues to explain that the order-taking environment remains difficult as prices for construction materials, equipment and logistics stay elevated and labor costs continue to surge. - FY2024-Q2WorsenedAnnual report
「In the construction industry, government and private construction investment remained solid, but the order-taking environment remained difficult due to higher construction costs resulting from elevated prices for construction materials, equipment and logistics, as well as surging labor costs.」
While public and private construction investment remain solid, higher construction costs resulting from persistently elevated prices for construction materials, equipment and logistics and surging labor costs continue, and the order-taking environment remains difficult. - FY2024-Q1RestatedAnnual report
「In the construction industry to which the group belongs, prices for construction materials, equipment and logistics remained elevated, while public and private construction investment remained solid.」
While elevated prices for construction materials, equipment and logistics continue, it explains that public and private construction investment remain solid, reconfirming the risk of higher prices and costs. - FY2023SoftenedAnnual report
「The price of heavy temporary steel structures for construction, one of the group’s principal products, is expected to be affected by trends in construction demand and fluctuations in the market prices of steelmaking raw materials. In fiscal 2023, fluctuations in steel prices may affect the group’s operating results and financial position.」
The description changed from the previous fiscal year’s expectation that steel prices would rise to the possibility of an impact in fiscal 2023 from steel price fluctuations generally. - FY2023-Q3RestatedAnnual report
「In the construction industry to which the group belongs, private construction investment showed solid momentum in addition to firm public investment, but the order-taking environment became more difficult due to surging prices for construction materials and raw materials.」
While public and private construction investment remain solid, the order-taking environment continues to be difficult due to surging prices for construction materials and raw materials. - FY2023-Q2WorsenedAnnual report
「In the construction industry to which the group belongs, private construction investment showed solid momentum in addition to firm public investment, but the order-taking environment became more difficult due to surging prices for construction materials and raw materials.」
It states that the order-taking environment became more difficult than before due to surging prices for construction materials and raw materials. - FY2023-Q1RestatedAnnual report
「In the construction industry to which the group belongs, private construction investment also showed signs of recovery in addition to solid public investment, but difficult conditions continued due to the impact of persistently high prices for steel, construction materials and fuel.」
While reporting a recovery in private construction investment, it reconfirms that elevated prices for steel, construction materials and fuel, and their effects, continue. - FY2022WorsenedAnnual report
「The price of heavy temporary steel structures for construction, one of the group’s principal products, is expected to be affected by trends in construction demand and fluctuations in the market prices of steelmaking raw materials. As steel prices are expected to rise in fiscal 2022 as they did in the previous fiscal year, this could affect the group’s operating results and financial position.」
It explicitly states that steel prices are expected to rise in fiscal 2022 following the previous fiscal year. - FY2022-Q3RestatedAnnual report
「Prices of steel and other materials have also remained elevated, raising concern about their impact on future order-taking activities.」
It continues to report that prices of steel and other materials remain elevated, along with concern about their impact on order-taking activities. - FY2022-Q1WorsenedAnnual report
「In the construction industry to which the Group belongs, private-sector capital investment has generally remained weak compared with solid public investment. In addition, the continued surge in prices of steel and other raw materials raises concerns about its impact on future order-taking activities.」
It reports that the continued surge in prices of raw materials, including steel, is raising concern about its impact on order-taking activities. - FY2020-Q3RestatedAnnual report
「Meanwhile, higher costs resulting from increases in steel prices and transportation expenses, as well as worsening labor shortages and an aging workforce caused by the declining birthrate, population aging and increased labor mobility, became more severe.」
It reconfirms the risk of continued increases in steel prices and transportation expenses, together with worsening labor shortages and workforce aging. - FY2020-Q2WorsenedAnnual report
「The effects of labor shortages and continued increases in steel prices, transportation expenses and other costs persisted, while demand for heavy temporary steel structures showed signs of a pause due in part to delays in construction starts and progress.」
In addition to the risk of steel price fluctuations, it states that continued increases in steel prices, transportation expenses and other costs are affecting the business. - FY2020-Q1RestatedAnnual report
「In the construction industry to which the Group belongs, construction demand remained firm, centered on large-scale projects in the Tokyo metropolitan area, but the effects of labor shortages and rising costs, including steel material prices and transportation expenses, continued.」
It continues to report that the effects of higher costs, including steel prices and transportation expenses, persist. - FY2019-Q3RestatedAnnual report
「Although labor shortages and increases in steel prices and transport costs continue in the civil engineering and construction industries to which the Group belongs, and are expected to become even more serious, construction demand remained firm, centered on large-scale projects in the Tokyo metropolitan area.」
It continues from the previous quarter to report continued increases in steel prices and concern that conditions may worsen further. - FY2019-Q2WorsenedAnnual report
「Although labor shortages and increases in steel prices and transport costs continue in the civil engineering and construction industries to which the Group belongs, and are expected to become even more serious, construction demand remained firm, centered on large-scale projects in the Tokyo metropolitan area.」
Regarding steel prices, it reports that prices have continued to rise in addition to the previously noted potential for market fluctuations, raising concern that conditions may worsen further. - FY2018RestatedAnnual report
「The price of heavy temporary steel structures for foundation construction, one of the group’s principal products, is expected to be affected by future fluctuations in the market prices of iron ore, scrap and other commodities.」
The risk of steel price fluctuations caused by fluctuations in the market prices of iron ore, scrap and other commodities continues. - FY2017RestatedAnnual report
「The price of heavy temporary steel structures for foundation construction, one of the group’s principal products, is expected to be affected by future fluctuations in the market prices of iron ore, scrap and other commodities.」
It continues to report the risk of steel price fluctuations caused by fluctuations in the market prices of iron ore, scrap and other commodities. - FY2016First statedAnnual report
「The price of temporary steel structures for foundation construction, one of the group’s principal products, is expected to be affected by future fluctuations in the market prices of iron ore, scrap and other commodities.」
The company identifies fluctuations in the market prices of iron ore, scrap and other commodities as risks for its principal product, temporary steel structures.