Liability for Defects and Quality Issues
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2026: 7 of 31 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The Group takes every precaution in quality control for the housing business based on industrialized housing performance certification and ISO 9001 certification, but if unforeseen defect liability or other obligations arise, substantial repair costs may be incurred and the Group's reputation may be seriously damaged, potentially affecting the Group's operating results and financial condition.」
After describing its quality certifications and control system, the Group restates the risks of repair costs and reputational damage arising from defects. - FY2017RestatedAnnual report
「The Group takes every precaution in quality control for the housing business based on industrialized housing performance certification and ISO 9001 certification, but if unforeseen defect liability or other obligations arise, substantial repair costs may be incurred and the Group's reputation may be seriously damaged, potentially affecting the Group's operating results and financial condition.」
After describing its quality certifications and control system, the Group restates the risks of repair costs and reputational damage arising from defects. - FY2016First statedAnnual report
「The Group takes every precaution in quality control for the housing business based on industrialized housing performance certification and ISO 9001 certification, but if unforeseen defect liability or other obligations arise, substantial repair costs may be incurred and the Group's reputation may be seriously damaged,」
After describing its quality control system, the Group identifies repair costs and reputational damage arising from unforeseen defects as risks.