Hidden defects in acquired land, including soil contamination
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「When acquiring land for condominiums and other purposes, we conduct a thorough preliminary investigation before entering into the purchase and sale agreement, but」
The company disclosed its response of conducting a thorough preliminary investigation before entering into a purchase and sale agreement to address hidden defects, including soil contamination, in acquired land. - FY2020RestatedAnnual report
「In rare cases, hidden defects such as soil contamination may be discovered after a contract is signed.」
The risk of additional costs arising from hidden defects in acquired land was reconfirmed. - FY2019RestatedAnnual report
「In rare cases, hidden defects such as soil contamination may be discovered after a contract is signed. In such cases, we may incur additional costs, potentially affecting the performance of our corporate group.」
The risk of additional costs arising from hidden defects, including soil contamination, in acquired land was reconfirmed. - FY2018First statedAnnual report
「In rare cases, hidden defects such as soil contamination may be discovered after a contract is signed. In such cases, we may incur additional costs, potentially affecting the performance of our corporate group.」
The company newly stated the possibility of additional costs arising when hidden defects such as soil contamination are discovered after land acquisition.