Risk of reliance on outsourced construction work
First written in FY2017. 1 of 2 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2020-Q3.
Open House Group moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2020-Q3WorsenedAnnual report
「Because the Group relies on subcontractors for most construction work, if it is unable to secure sufficient subcontractors, if there are problems with the quality of work performed by subcontractors, or if a subcontractor experiences financial difficulties or construction delays occur, this may affect the Group's operating results and financial condition.」
In addition to the existing risks of insufficient subcontractors, financial difficulties and construction delays, problems with the quality of work performed by subcontractors were explicitly identified as a risk. - FY2017First statedAnnual report
「Because the Group relies on subcontractors for most construction work, if it is unable to secure sufficient subcontractors, or if a subcontractor experiences financial difficulties or construction delays occur, this may affect the Group's operating results and financial condition.」
The Company disclosed the risks of insufficient subcontractors, financial difficulties and construction delays because most construction work for detached houses and condominiums is subcontracted.