Construction Progress Risk Due to Partner Company Bankruptcies
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
81 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a subcontractor becomes insolvent and construction progress is disrupted, the company's operating results, financial position and other matters may be affected.」
The company continues to disclose the possibility that subcontractor insolvency may affect construction progress together with customer credit risk. - FY2023RestatedAnnual report
「If a customer becomes insolvent before payment for the construction work is received, impairing the collection of trade receivables, or if a subcontractor becomes insolvent and construction progress is disrupted, the company's operating results, financial position and other matters may be affected.」
The company continues to disclose the possibility that subcontractor insolvency may affect construction progress together with customer credit risk. - FY2022RestatedAnnual report
「If a customer becomes insolvent before payment for the construction work is received, impairing the collection of trade receivables, or if a subcontractor becomes insolvent and construction progress is disrupted, the company's operating results, financial position and other matters may be affected.」
The possibility that subcontractor insolvency may affect construction progress is disclosed again together with customer credit risk. - FY2020RestatedAnnual report
「If a customer becomes insolvent before payment for the construction work is received, impairing the collection of trade receivables, or if a subcontractor becomes insolvent and construction progress is disrupted, the company's operating results, financial position and other matters may be affected.」
The possibility that subcontractor insolvency may affect construction progress is disclosed again together with customer credit risk. - FY2016First statedAnnual report
「If a subcontractor becomes insolvent and construction progress is disrupted, the company's performance may be affected.」
This indicates that subcontractor insolvency may affect construction progress and the company's performance.