Risk of Damages Arising from Construction Defects
First written in FY2016. 25 of 27 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If the company is held liable for nonconformity to contract through litigation or otherwise and damages are incurred, this may affect its financial condition and operating results.」
The company continues to face risks related to liability for nonconformity to contract and damages, premised on its construction systems and quality control. - FY2025RestatedAnnual report
「The company regards strengthening its construction systems as a key management priority and takes every possible measure to ensure quality control. However, if it is held liable for nonconformity to contract through litigation or otherwise and damages are incurred, this may affect its financial condition and operating results.」
While identifying stronger construction systems and quality control as response measures, the company continues to face risks related to liability for nonconformity to contract and damages. - FY2024-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2024-Q2RestatedAnnual report
「During the cumulative period of the second quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2024-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2023RestatedAnnual report
「The company regards strengthening its construction systems as a key management priority and takes every possible measure to ensure quality control. However, if it is held liable for nonconformity to contract through litigation or otherwise and damages are incurred, this may affect its financial condition and operating results.」
While identifying stronger construction systems and quality control as response measures, the company continues to face risks related to liability for nonconformity to contract and damages. - FY2023-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2022RestatedAnnual report
「The company regards strengthening its construction systems as a key management priority and takes every possible measure to ensure quality control. However, if it is held liable for nonconformity to contract through litigation or otherwise and damages are incurred, this may affect its financial condition and operating results.」
While identifying stronger construction systems and quality control as response measures, the company continues to face risks related to liability for nonconformity to contract and damages. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, and no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2022-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects or nonconformity to contract. - FY2021ReframedAnnual report
「The company regards strengthening its construction systems as a key management priority and takes every possible measure to ensure quality control. However, if it is held liable for nonconformity to contract through litigation or otherwise and damages are incurred, this may affect its financial condition and operating results.」
While revising the terminology from the former "liability for defects" to "liability for nonconformity to contract," the risk of damages arising from construction itself continues. - FY2021-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2021-Q2RestatedAnnual report
「During the cumulative period of the second quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2021-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2020RestatedAnnual report
「The Company regards strengthening its construction systems as a key management priority and takes all possible measures to ensure quality control. However, if it is held liable for defects through litigation or other proceedings and becomes liable for damages, this could affect its financial position and operating results.」
While identifying stronger construction systems and quality control as response measures, the company continues to face risks related to liability for defects and damages. - FY2020-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2020-Q2RestatedAnnual report
「During the cumulative period of the second quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2020-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2019RestatedAnnual report
「The Company regards strengthening its construction systems as a key management priority and takes all possible measures to ensure quality control. However, if it is held liable for defects through litigation or other proceedings and becomes liable for damages, this could affect its financial position and operating results.」
While identifying the construction system and quality control as response measures, the company continues to face the risk of damages arising from construction defects. - FY2019-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2019-Q2RestatedAnnual report
「During the cumulative period of the second quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2019-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2018RestatedAnnual report
「The Company regards strengthening its construction systems as a key management priority and takes all possible measures to ensure quality control. However, if it is held liable for defects through litigation or other proceedings and becomes liable for damages, this could affect its financial position and operating results.」
While identifying the construction system and quality control as response measures, the company continues to face the risk of damages arising from construction defects. - FY2018-Q3RestatedAnnual report
「During the cumulative period of the third quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects. - FY2018-Q1RestatedAnnual report
「During the cumulative period of the first quarter, 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 concludes that there have been no material changes in the risk of damages arising from construction defects described in the previous fiscal year. - FY2017RestatedAnnual report
「The Company regards strengthening its construction systems as a key management priority and takes all possible measures to ensure quality control. However, if it is held liable for defects through litigation or other proceedings and becomes liable for damages, this could affect its financial position and operating results.」
While identifying the construction system and quality control as response measures, the company continues to face risks related to liability for defects and damages. - FY2016First statedAnnual report
「The Company regards strengthening its construction systems as a key management priority and takes all possible measures to ensure quality control. However, if it is held liable for defects through litigation or other proceedings and becomes liable for damages, this could affect its financial position and operating results.」
The note indicates that the Company's response consists of strengthening its construction systems and quality control, while acknowledging the possibility of claims for liability for defects and resulting damages.