Issues Concerning Structural Calculations and Seismic Strength and Reinforcement Costs
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
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- FY2020RestatedAnnual report
「However, if laws and regulations related to structures are amended, or if a problem related to a building's structure arises, such as falsification of structural calculation documents,」
While describing the checking system, including peer checks, the risks of structural problems and additional seismic reinforcement costs continued to be disclosed. - FY2019RestatedAnnual report
「Following the June 2007 amendment to the Building Standards Act, condominiums sold by us undergo a second check, known as a peer check (structural calculation conformity assessment), during the examination of the building confirmation application, creating a two-stage checking system. However, if laws and regulations related to structures are amended, or if a problem related to a building's structure arises, such as falsification of structural calculation documents, this could affect the performance of the Group.」
While describing the checking system, including housing performance evaluations and peer checks, the risks of structural problems and reinforcement costs resulting from seismic-strength requirements continued to be disclosed. - FY2018First statedAnnual report
「If laws and regulations related to structures are amended, or if a problem related to a building's structure arises, such as falsification of structural calculation documents, this could affect the performance of the Group.」
The risks of structural problems resulting from falsification of structural calculation documents and other factors, and reinforcement costs associated with additional seismic-strength requirements for attracting tenants, were newly disclosed.