Compliance with Construction- and Real Estate-Related Laws and Regulations and Permitting Risks
First written in FY2016. 6 of 9 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
Lib Work moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In addition, amendments to the Building Standards Act that took effect in April 2025 narrowed the scope of the so-called “Category 4 special exemption.” As a result, submission of structural drawings and other documents became newly mandatory for many wooden homes, lengthening the time required for design work and building confirmation examinations.」
The extension of building confirmation examination periods resulting from the amendments to the Building Standards Act actually occurred, leading to the postponement of construction starts and handovers for some properties and affecting the timing of revenue recognition. - FY2026-H1MaterialisedAnnual report
「However, because of the impact of longer construction periods resulting from the amendments to the Building Standards Act that took effect in April 2025, results fell below the forecasts initially assumed.」
The company explains that changes to construction-related laws and regulations actually extended construction periods, resulting in a failure to meet the initial forecasts. The construction and real estate regulatory risk has materialized in a specific manner. - FY2017RestatedAnnual report
「The company’s detached housing business is subject to regulatory requirements under numerous laws, regulations and local ordinances, including the Building Standards Act, Construction Business Act, Real Estate Brokerage Act, City Planning Act, Act on Promotion of Improvement of Quality of Housing, Architect Act, Industrial Safety and Health Act, Consumer Contract Act and Act against Unjustifiable Premiums and Misleading Representations.」
The disclosure reiterates the need to comply with laws and regulations relating to construction and real estate, renew licenses and permits, and ensure thorough compliance. - FY2016First statedAnnual report
「The company’s detached housing business is subject to regulatory requirements under numerous laws, regulations and local ordinances, including the Building Standards Act, Construction Business Act, Real Estate Brokerage Act, City Planning Act, Act on Promotion of Improvement of Quality of Housing, Architect Act, Industrial Safety and Health Act, Consumer Contract Act and Act against Unjustifiable Premiums and Misleading Representations.」
The company cites legal compliance, renewal of licenses and permits, and thorough internal compliance measures as responses.