Risk of Construction Defects and Rising Repair Costs
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Repair costs may increase due to the increase in the number of completed condominiums and the extension of the defect liability period under the Act on Promotion of Quality Assurance in Housing, among other factors.」
Reiterates the risk of higher repair costs due to construction defects and the extension of the defect liability period. - FY2019RestatedAnnual report
「Repair costs may increase due to the increase in the number of completed condominiums and the extension of the defect liability period under the Act on Promotion of Quality Assurance in Housing, among other factors.」
Continues to disclose the risk of higher repair costs due to the increase in completed condominiums and the extension of the defect liability period. - FY2017RestatedAnnual report
「Repair costs may increase due to the increase in the number of completed condominiums and the extension of the defect liability period under the Act on Promotion of Quality Assurance in Housing, among other factors.」
Continues to disclose the risk of higher repair costs due to the increase in completed condominiums and the extension of the defect liability period. - FY2016First statedAnnual report
「Repair costs may increase due to the increase in the number of completed condominiums and the extension of the defect liability period under the Act on Promotion of Quality Assurance in Housing, among other factors.」
The increase in completed condominiums and the extension of the defect liability period are disclosed as factors contributing to higher repair costs.