Risk of compensation costs and lost contract opportunities due to construction defects
First written in FY2020. 12 of 13 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If construction defects occur and the Company can no longer ensure appropriate quality, business performance and other matters could be affected by warranty work, lost order opportunities due to administrative suspensions or business suspensions, and damages claims.」
The Company continues to identify the risks of warranty work, administrative sanctions, lost order opportunities and damages claims due to construction defects. - FY2024-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2024-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2024-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2023-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2023-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2022RestatedAnnual report
「If construction defects occur and the Company can no longer ensure appropriate quality, business performance and other matters could be affected by warranty work, lost order opportunities due to administrative suspensions or business suspensions, and damages claims.」
The Company continues to identify the risks of warranty work, administrative sanctions, lost order opportunities and damages claims due to construction defects. - FY2022-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risks of warranty work, lost order opportunities and damages claims due to construction defects. - FY2021RestatedAnnual report
「If construction defects occur and the Company can no longer ensure appropriate quality, business performance and other matters could be affected by warranty work, lost order opportunities due to administrative suspensions or business suspensions, and damages claims.」
The Company continues to identify the risks of warranty work, administrative sanctions, lost order opportunities and damages claims due to construction defects. - FY2021-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risk of warranty work and lost order opportunities due to construction defects. - FY2021-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risk of warranty work and lost order opportunities due to construction defects. - FY2021-Q1RestatedAnnual report
「Nothing newly arose during the cumulative first quarter of the current consolidated fiscal year. There have also been no 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 material changes in the risk of warranty work and lost order opportunities due to construction defects. - FY2020First statedAnnual report
「If construction defects occur and the Company can no longer ensure appropriate quality, business performance and other matters could be affected by warranty work, lost order opportunities due to administrative suspensions or business suspensions, and damages claims.」
Separate from the welding defects in individual bridge-collapse prevention devices, the Company identifies construction defects generally as a key risk because they could result in warranty work, administrative sanctions, lost order opportunities and damages claims. Pre-construction checks and internal inspections during construction are cited as countermeasures.