Repair costs and reputational damage arising from housing defects
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We secure the financial resources required for repair work and other measures to remedy defects through insurance payments or insurance reimbursements.」
As a measure addressing the 10-year liability period for new homes and 2-year period for used real estate, the Company continues to secure repair funds through insurance contracts. - FY2020RestatedAnnual report
「We secure the financial resources required for repair work and other measures to remedy defects through insurance payments or insurance reimbursements.」
As a measure addressing the 10-year liability period for new homes and 2-year period for used real estate, the Company continues to secure repair funds through insurance contracts. - FY2019RestatedAnnual report
「We secure the financial resources required for repair work and other measures to remedy defects through insurance payments or insurance reimbursements.」
As a measure addressing the 10-year liability period for new homes and 2-year period for used real estate, the Company continues to secure repair funds through insurance contracts. - FY2018MitigatedAnnual report
「We secure the financial resources required for repair work and other measures to remedy defects through insurance payments or insurance reimbursements.」
Although the 10-year liability period for new homes and 2-year period for used real estate continues, the Company explicitly states that it secures the funds required for repair work and other measures through insurance contracts. - FY2017First statedAnnual report
「We bear liability for defects for 10 years in respect of the structurally important parts of newly built homes and the parts designed to prevent rainwater ingress, and for 2 years after delivery in respect of used real estate.」
The disclosure indicates liability periods of 10 years for new homes and 2 years for used real estate, as well as the potential for higher repair costs and reputational damage if defects occur.