Defects in Construction Projects and Claims for Damages
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Defects in completed projects and inadequate quality or precision, among other matters. We routinely hold pre-construction review meetings for each project size to prevent rework and corrective work from arising.」
The company describes the risks of defects and claims for damages relating to construction projects, including inadequate quality or precision, and continues preventive measures through pre-construction review meetings. - FY2021First statedAnnual report
「For the pile construction and ground improvement work we undertake, we conduct thorough preliminary investigations before construction. However, ground conditions comprise various types of soil, and it is impossible to eliminate the possibility of construction defects arising from unforeseeable events. If a claim for damages arising from a defect were to occur, this could adversely affect our operating results and financial position.」
The company explicitly identifies the possibility of construction defects caused by unforeseeable ground conditions and claims for damages in connection with pile construction and ground improvement work as new risks.