Risk of Contractual Non-Conformity Liability and Defect Repairs in Housing
First written in FY2022. 2 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Even if an unforeseen event occurs, the company secures the funds required for defect repairs through insurance payments or refunds of insurance premiums.」
Contractual nonconformity liability for 10 years or 2 years continues, while the company secures funds for repairs through insurance contracts and on-site inspections by third-party organizations. - FY2023MitigatedAnnual report
「To obtain this insurance, the company must have a third-party organization conduct on-site inspections to determine whether the homes comply with technical standards. Even if an unforeseen event occurs, the company secures the funds required for defect repairs through insurance payments or refunds of insurance premiums.」
Contractual nonconformity liability for 10 years or 2 years continues, while the company specifically describes securing funds for repairs through third-party inspections and housing defect liability insurance. - FY2022First statedAnnual report
「Under the Act on the Promotion of Quality Assurance in Housing, the company bears contractual nonconformity liability for 10 years with respect to the structurally important parts of newly built homes and the parts that prevent rainwater intrusion, and for 2 years after handover with respect to other parts.」
The company bears contractual nonconformity liability for newly built homes for 10 years or 2 years and states that, if numerous defects occur, repair costs and reputational effects may arise.