Risks relating to securing, quality and performance of outsourced contractors
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
81 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group uses outsourced contractors for part of its design, construction and development operations. If it becomes difficult to secure contractors, or if construction defects, contract nonperformance or financial difficulties occur, business operations may be affected by construction delays and higher costs.」
The risks of contractor availability, construction quality, contract performance and financial difficulties, including schedule and cost risks, are reaffirmed. - FY2025RestatedAnnual report
「Because outsourced contractors are important to the Group’s business operations, the Group works to secure and develop them.」
The policy of addressing resource, quality and performance risks associated with outsourcing by securing and developing contractors is reaffirmed. - FY2022First statedAnnual report
「If it becomes difficult to secure sufficient resources from outsourced contractors, this could constrain the Group’s business expansion. If an outsourced contractor experiences financial difficulties, fails to perform an outsourcing contract, or causes design or construction defects or other unforeseen events, work may be suspended or significantly delayed and construction costs may rise, potentially affecting the Group’s operating results and financial condition.」
The Group broadly outsources design, permitting, land preparation and construction, and identifies resources, performance and quality as risks.