Risk of Construction Delays and Cost Increases Associated with Outsourcing Construction Work to External Contractors
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 14 of 57 companies on the "Worse" side.
81 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「However, if an unforeseen event occurs, such as a disaster during construction, higher development costs due to increases in labor and material costs, false reports by an external contractor, breach of contract or bankruptcy of an external contractor, and construction is delayed or suspended, this may affect our operating results and financial position.」
The risks of construction delays or suspension, cost increases, breach of contract and bankruptcy arising from outsourcing construction work to external contractors are disclosed again. - FY2020RestatedAnnual report
「However, if an unforeseen event occurs, such as a disaster during construction, higher development costs due to increases in labor and material costs, false reports by an external contractor, breach of contract or bankruptcy of an external contractor, and construction is delayed or suspended, this may affect our operating results and financial position.」
The risks of construction delays or suspension, cost increases, breach of contract and bankruptcy arising from outsourcing construction work to external contractors are disclosed again. - FY2018RestatedAnnual report
「However, if an unforeseen event occurs, such as a disaster during construction, higher development costs due to increases in labor and material costs, false reports by an external contractor, breach of contract or bankruptcy of an external contractor, and construction is delayed or suspended, this may affect our operating results and financial position.」
The risks of construction delays or suspension, cost increases, breach of contract and bankruptcy arising from outsourcing construction work to external contractors are disclosed again. - FY2017First statedAnnual report
「However, if an unforeseen event occurs, such as a disaster during construction, higher development costs due to increases in labor and material costs, false reports by an external contractor, breach of contract or bankruptcy of an external contractor, and construction is delayed or suspended, this may affect our operating results and financial position.」
In connection with outsourcing design, construction and other work under turnkey solutions to external contractors, risks such as disasters, cost increases, false reporting, breach of contract, bankruptcy and inability to repair defects are now disclosed as separate risk items.