Material defects in design and construction
First written in FY2016. 14 of 17 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 1 of 11 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes to existing business and other risks, including the risks of design and construction defects and liability for contractual nonconformity. - FY2023Explicit assessment and mitigation measures for contractual nonconformity riskAnnual report
「If damages become payable due to material liability for contractual nonconformity arising in design, construction or other areas, this could affect business performance and other matters.」
The existing risk of liability for contractual nonconformity is classified as having a low probability of occurrence but a significant impact. Quality inspections, including in-process and completion inspections, and employee training are explicitly identified as response measures. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims under liability for contractual nonconformity. - FY2023-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims under liability for contractual nonconformity. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims under liability for contractual nonconformity. - FY2022-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims under liability for contractual nonconformity. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims under liability for contractual nonconformity. - FY2021ReframedAnnual report
「If damages become payable due to material liability for contractual nonconformity arising in design, construction or other areas, this could affect business performance and other matters.」
The previous risk of damages claims under liability for defects has been reworded as liability for contractual nonconformity, with quality inspections and employee training explicitly identified as response measures. - FY2021-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company explains that there have been no material changes to existing business and other risks, including the risks of material design and construction defects and damages claims. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company explains that there have been no material changes to the business and other risks disclosed for the previous fiscal year, including the risks of material design and construction defects and damages claims. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the business and other risks disclosed for the previous fiscal year, including the risk of material design and construction defects. - FY2020-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company explains that there have been no material changes to the business and other risks disclosed for the previous fiscal year, including the risk of material design and construction defects. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company explains that there have been no material changes to the business and other risks disclosed for the previous fiscal year, including the risk of material design and construction defects. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes to the business and other risks disclosed for the previous fiscal year, including the risk of material design and construction defects. - FY2019RestatedAnnual report
「If material defects arise in design, construction or other areas and damages become payable under liability for defects, this could affect business performance and other matters.」
The risk of material design and construction defects and damages claims continues to be disclosed. - FY2017RestatedAnnual report
「If material defects arise in design, construction or other areas and damages become payable under liability for defects, this could affect business performance and other matters.」
The risk of material design and construction defects and damages claims continues to be disclosed. - FY2016First statedAnnual report
「If material defects arise in design, construction or other areas and damages become payable under liability for defects, this could affect business performance and other matters.」
Quality defects and the resulting damages claims are identified as business risks.