Litigation and Damages Liability Risks Associated with Defect Liability and Other Matters
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Dropped".
- FY2026DroppedAnnual reportThe litigation and liability-for-damages risks associated with defect liability and other matters, which had previously been disclosed as a standalone item, cannot be identified as a standalone item in the current fiscal year’s list of major risks. They have been reorganized under descriptions of quality incidents, complaint-related incidents and other matters.
- FY2020ReframedAnnual report
「The Group takes every possible measure to maintain and improve construction quality in carrying out construction work. However, if lawsuits or other legal proceedings are brought in connection with repairs after handover of completed construction work, liability for contractual nonconformity, product liability or other matters, or if business partners bring lawsuits or other legal proceedings in the course of the Group’s other business activities, this could materially affect the Group’s financial condition and operating results.」
The former litigation risk associated with defect liability and other matters has been reorganized to include liability for contractual nonconformity, product liability and lawsuits brought by business partners. - FY2018RestatedAnnual report
「If lawsuits or other legal proceedings are brought in connection with repairs or other work after handover, or defect liability and other matters, they may affect business performance.」
The Company continues to disclose litigation and liability-for-damages risks associated with post-handover repairs and defect liability. - FY2017First statedAnnual report
「If lawsuits or other legal proceedings are brought in connection with repairs or other work after handover, or defect liability and other matters, they may affect business performance.」
Litigation and other legal proceedings related to post-handover repairs and defect liability are described as a new risk item that could affect business performance.