Credit concerns, construction delays, and defect-remediation costs at outsourced construction companies
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「When entering into construction contracts, we make our decisions after comprehensively considering the contractor's financial condition, construction capabilities and track record, management stability and other factors.」
The company disclosed a control process under which contractors are selected after comprehensively considering the financial condition, construction capabilities and track record, and management stability of outsourced construction companies. - FY2020RestatedAnnual report
「If credit concerns or other issues arise at an outsourced contractor and construction is delayed, our sales plan may be delayed, potentially affecting the performance of our corporate group.」
The company continued to disclose the risks of credit concerns, construction delays and defect-repair costs involving outsourced construction companies. - FY2019RestatedAnnual report
「If credit concerns or other issues arise at an outsourced contractor and construction is delayed, our sales plan may be delayed, potentially affecting the performance of our corporate group. In addition, if the outsourced contractor becomes insolvent or otherwise unable to operate after construction is completed, it may fail to fulfill its responsibility to repair defects that it should have borne, causing us to incur the related costs and potentially affecting the performance of our corporate group.」
The company continued to disclose the risks of construction delays and defect-repair costs arising from credit concerns or insolvency among outsourced construction companies. - FY2018First statedAnnual report
「If credit concerns or other issues arise at an outsourced contractor and construction is delayed, our sales plan may be delayed, potentially affecting the performance of our corporate group. In addition, if the outsourced contractor becomes insolvent or otherwise unable to operate after construction is completed, it may fail to fulfill its responsibility to repair defects that it should have borne, potentially causing us to incur the related costs.」
The company newly disclosed in a systematic manner the risks of construction delays and defect-repair costs arising from credit concerns or insolvency among outsourced construction companies.