Litigation Risk Involving Customers and Neighbors
First written in FY2023. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our group discusses and responds with counterparties as considered necessary, with the involvement of attorneys and others, and currently has no material litigation cases or similar matters.」
The company continues to prevent and address disputes through neighborhood briefings, specialized contractors and attorneys, and stated that no material litigation cases have occurred. - FY2024MitigatedAnnual report
「Our group promotes business activities in compliance with relevant laws and regulations and seeks to avoid disputes in real estate development services by holding briefings for neighbors and implementing neighborhood measures through specialized contractors.」
The company addresses litigation risk through neighborhood briefings and specialized contractors, and stated that no material litigation cases or similar matters are currently pending. - FY2023First statedAnnual report
「Problems may arise in development or sales projects due to differences in understanding with customers or other causes, or disputes may arise with neighboring residents during construction.」
Disputes with customers, neighboring residents and others could lead to litigation, affecting the company’s reputation and potential damages.