Concentration of building construction work among specific subcontractors
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
82 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group is also highly dependent on outsourced construction work performed by 株式会社合田工務店.」
The Group continues to disclose the risk of concentrating construction work with a specific contractor and is continuing measures to diversify its contractors by developing new outsourcing partners. - FY2024MitigatedAnnual report
「As measures to address this risk, the Group continues to conduct financial due diligence and collect various information on outsourcing partners, while placing orders for construction work early, using alternative building materials and diversifying procurement sources.」
The company has specified early ordering, alternative building materials and procurement-source diversification, in addition to financial due diligence on outsourcing partners, as response measures. - FY2023MitigatedAnnual report
「As a measure to address this risk, the Group is developing new outsourcing partners for construction work and will work to avoid excessive concentration.」
The company continues to diversify its subcontractor base by developing new outsourcing partners in response to the concentration of construction work with a specific subcontractor. - FY2019MitigatedAnnual report
「As a measure to address this risk, the Group is developing new outsourcing partners for construction work and will work to avoid excessive concentration.」
To address the risk of construction work being concentrated with 株式会社合田工務店, the company explicitly describes diversification through the development of new subcontractors. - FY2018RestatedAnnual report
「The Group's basic management policy is to operate with a small workforce while making maximum use of outsourcing. During the current consolidated fiscal year as well, construction work was concentrated with 株式会社合田工務店.」
The company has reconfirmed the risk of construction work being concentrated with a specific construction company under its lean, outsourcing-focused business model. - FY2017RestatedAnnual report
「During the current consolidated fiscal year as well, construction work was concentrated with 株式会社合田工務店.」
The company continues to disclose the risk of construction work being concentrated with a specific subcontractor. - FY2016First statedAnnual report
「The Group's basic management policy is to operate with a lean workforce while making maximum use of outsourcing. During the current consolidated fiscal year as well, construction work was concentrated with 株式会社合田工務店. A sudden change in the business relationship between the Group and this outsourcing partner could affect the Group's performance.」
The company describes the concentration risk involving a specific construction company arising from its outsourcing-based business model.