Construction and real estate regulations and litigation risks
First written in FY2016. 17 of 25 entries say "Restated". Latest entry: FY2025-H1.
Nishimatsu Construction moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2019: 2 of 9 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2024-Q1MaterialisedAnnual report
「Asbestos-related litigation settlement payments 2 6」
A ¥6 million asbestos-related litigation settlement payment was recorded as an extraordinary loss, realizing a loss associated with legal and litigation-related risks in the results. - FY2023MaterialisedAnnual report
「Settlement payments － 82」
A ¥82 million settlement payment associated with legal and litigation-related risks was recorded as an extraordinary loss. - FY2023-Q3MaterialisedAnnual report
「Settlement payments - 60」
A ¥60 million settlement payment was recorded as an extraordinary loss, realizing a loss associated with legal and litigation-related risks in the results. - FY2023-Q2MaterialisedAnnual report
「Settlement payments － 35」
A ¥35 million settlement payment was recorded as an extraordinary loss, and losses associated with legal and litigation-related risks continued to arise in the results. - FY2023-Q1MaterialisedAnnual report
「Settlement payments － 35」
A ¥35 million settlement payment was recorded as an extraordinary loss, realizing a loss associated with legal and litigation-related risks in the results. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2021-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new occurrences of major risks that management recognizes as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no significant changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the consolidated companies’ financial position, operating results or cash flows, or in the “Business Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2020-Q1MaterialisedAnnual report
「Asbestos-related litigation settlement payments 7 2」
A ¥2 million asbestos-related litigation settlement payment was recorded as an extraordinary loss in the first quarter under review. Losses related to litigation risk continued to arise in the results. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the legal regulations, amendments and repeals of laws, introduction and changes of regulations, and litigation risks related to construction and real estate. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the legal regulations, amendments and repeals of laws, introduction and changes of regulations, and litigation risks related to construction and real estate. - FY2019-Q1MaterialisedAnnual report
「Asbestos-related litigation settlement payments － 7」
A ¥7 million asbestos-related litigation settlement payment was recorded as an extraordinary loss in the first quarter. A loss related to litigation risk was realized in the results. - FY2018RestatedAnnual report
「The businesses of our group are subject to legal regulations under the Construction Business Act, Building Standards Act, Act on Specified Commercial Transactions of Real Estate, National Land Use Planning Act, City Planning Act, Antimonopoly Act, and other laws.」
The legal regulations, amendments and repeals of laws, introduction and changes of regulations, and litigation risks related to construction and real estate were reiterated. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the construction and real estate laws and regulations and litigation risks. - FY2016First statedAnnual report
「The businesses of our group are subject to legal regulations under the Construction Business Act, Building Standards Act, Act on Specified Commercial Transactions of Real Estate, National Land Use Planning Act, City Planning Act, Antimonopoly Act, and other laws. If our group violates any of these legal regulations, or if laws are amended or repealed, new legal regulations are introduced, or applicable standards are changed, these events may affect our group's business results and other matters.」
In addition to violations of laws and regulations, amendments or repeals of laws, the introduction of new regulations, and changes in applicable standards, the group also identifies cases in which litigation outcomes differ from expectations.