Litigation risk arising from housing defects, construction accidents and other issues
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Our group has not been subject to any lawsuits that would have a material impact on business performance at this stage.」
The company continues to state that there are no material lawsuits while describing the possibility of litigation arising from housing defects, construction accidents and complaints from neighbors. - FY2018RestatedAnnual report
「Our group has not been subject to any lawsuits that would have a material impact on business performance at this stage.」
The company describes the possibility of litigation arising from housing defects, construction accidents and complaints from neighbors, while stating that there are no material lawsuits. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the litigation risks arising from housing defects, construction accidents and other incidents. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the litigation risks arising from housing defects, construction accidents and other incidents. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the litigation risks arising from housing defects, construction accidents and other incidents. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the litigation risks arising from housing defects, construction accidents and other incidents. - FY2016First statedAnnual report
「If defects or other problems arise in the housing or real estate we sell, or if an accident occurs during construction or various complaints are received from neighbors, this could result in litigation or other claims arising from these matters.」
Although the company states that there are no lawsuits with a material impact on business performance as of the filing date, it describes the possibility of future claims and litigation.