Komori
Toa (1885) · RiskDropped

Damages liability litigation concerning previously completed construction projects

First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2019.

8entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2016RestatedFY2017-Q3 – FY20192016: 120162017: 320172018: 320182019: 12019
Same theme, other companies
Dispute and Litigation Risk Relating to Construction WorkA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

2 other companies' latest entry also says "Dropped".

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Full recordFilings, disclosures and news, newest first
  1. FY2019DroppedAnnual report

    「The following risks may affect the operating results and financial position of the Group.」

    The individual disclosure concerning damages liability litigation related to previously completed construction projects, which had been included in prior fiscal years, could not be found in the business and other risks section or the main text for the current fiscal year.
  2. FY2019-Q2RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. The Company believes that it is not responsible for the defects, has filed a counterclaim, and is currently engaged in the litigation. At present, the outcome of the trial cannot be predicted.」

    With respect to litigation seeking damages of ¥1,206 million, the proceedings remain ongoing after the company filed a counterclaim, and the outcome is considered unpredictable.
  3. FY2019-Q1RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. The Company believes that it is not responsible for the defects, has filed a counterclaim, and is currently engaged in the litigation. At present, the outcome of the trial cannot be predicted.」

    With respect to litigation seeking damages of ¥1,206 million, the proceedings remain ongoing after the company filed a counterclaim, and the outcome is considered unpredictable.
  4. FY2018-Q3RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. The Company believes that it is not responsible for the defects, has filed a counterclaim, and is currently engaged in the litigation. At present, the outcome of the trial cannot be predicted.」

    With respect to litigation seeking damages of ¥1,206 million, the company has filed a counterclaim and the proceedings remain ongoing; the outcome continues to be unpredictable.
  5. FY2018-Q2RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. The Company believes that it is not responsible for the defects, has filed a counterclaim, and is currently engaged in the litigation. At present, the outcome of the trial cannot be predicted.」

    With respect to litigation seeking damages of ¥1,206 million, the company has filed a counterclaim and the proceedings remain ongoing; the outcome continues to be unpredictable.
  6. FY2018-Q1RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. At present, the outcome of the trial cannot be predicted.」

    Litigation seeking damages of ¥1,206 million remains ongoing, and the outcome continues to be unpredictable.
  7. FY2017-Q3RestatedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million. At present, the outcome of the trial cannot be predicted.」

    Litigation seeking damages of ¥1,206 million remains ongoing, and the outcome of the proceedings continues to be unpredictable.
  8. FY2016MaterialisedAnnual report

    「The Company is currently involved in a damages lawsuit filed by the client of a building construction project completed in 1997, alleging defects in the construction. The lawsuit was filed with the Tokyo District Court, and the amount claimed is ¥1,206 million.」

    Separate from general defect risks, ongoing litigation involving a specific claim amount has been disclosed.
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