Customer Complaint and Litigation Risk
First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 12 of 70 companies on the "Worse" side.
95 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As of the filing date, no material litigation affecting operating results or financial condition had been filed. However, complaints caused by nonconformities in properties sold by our group or complaints concerning the management or move-in and move-out conditions of properties under rental management could develop into litigation.」
While stating that there was no material litigation, the company continues to disclose the possibility that customer complaints concerning sold properties and rental management could develop into litigation. - FY2024RestatedAnnual report
「As of the filing date, no material litigation affecting operating results or financial condition had been filed. However, complaints caused by nonconformities in properties sold by our group or complaints concerning the management or move-in and move-out conditions of properties under rental management could develop into litigation.」
While stating that there was no material litigation, the company continues to disclose the possibility that customer complaints concerning sold properties and rental management could develop into litigation. - FY2023RestatedAnnual report
「As of the filing date, no material litigation affecting operating results or financial condition had been filed. However, complaints caused by nonconformities in properties sold by our group or complaints concerning the management or move-in and move-out conditions of properties under rental management could develop into litigation.」
While stating that there was no material litigation, the company continues to disclose the possibility that customer complaints concerning sold properties and rental management could develop into litigation. - FY2022First statedAnnual report
「As of the filing date, no litigation affecting operating results or financial condition had been filed. However, complaints caused by nonconformities in properties sold by our group or complaints concerning the management or move-in and move-out conditions of properties under rental management could develop into litigation.」
The possibility that customer complaints concerning nonconformities in sold properties or rental management and move-in or move-out matters could develop into litigation was disclosed as a new major risk. No material litigation was pending as of the filing date.