Risk Relating to Licenses and Renewals Under the Construction Business Act
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「A permit for either the scaffolding and earthwork business or the civil engineering business is required to accept construction contracts worth ¥5 million or more. If the required permit cannot be obtained, or cannot be renewed when due, the Group will be unable to accept construction contracts worth ¥5 million or more.」
Restrictions on accepting orders when the construction business license required for work worth ¥5 million or more cannot be obtained or renewed continue to be disclosed. - FY2019RestatedAnnual report
「A permit for either the scaffolding and earthwork business or the civil engineering business is required to accept construction contracts worth ¥5 million or more. If the required permit cannot be obtained, or cannot be renewed when due, the Group will be unable to accept construction contracts worth ¥5 million or more.」
The risk that construction work worth ¥5 million or more cannot be accepted if the construction business license cannot be obtained or renewed continues to be disclosed. - FY2018RestatedAnnual report
「A permit for either the scaffolding and earthwork business or the civil engineering business is required to accept construction contracts worth ¥5 million or more. If the required permit cannot be obtained, or cannot be renewed when due, the Group will be unable to accept construction contracts worth ¥5 million or more.」
Requirements for obtaining and renewing licenses for construction work of ¥5 million or more, and restrictions on accepting orders if licensing is not possible, continue to be disclosed. - FY2017RestatedAnnual report
「A permit for either the scaffolding and earthwork business or the civil engineering business is required to accept construction contracts worth ¥5 million or more. If the required permit cannot be obtained, or cannot be renewed when due, the Group will be unable to accept construction contracts worth ¥5 million or more.」
Requirements for obtaining and renewing licenses for construction work of ¥5 million or more, and restrictions on accepting orders if licensing is not possible, continue to be disclosed. - FY2016First statedAnnual report
「A permit for either the scaffolding and earthwork business or the civil engineering business is required to accept construction contracts worth ¥5 million or more. If the required permit cannot be obtained, or cannot be renewed when due, the Group will be unable to accept construction contracts worth ¥5 million or more.」
The disclosure describes the permit requirement for construction contracts of ¥5 million or more and the resulting restriction on orders if a permit cannot be obtained or renewed.