Outsourcing of Design and Construction, Rising Construction Costs, and Accident Risks
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2021: 3 of 13 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If an architectural firm or construction company experiences financial difficulties, if outsourcing costs rise as a result of higher construction material prices, or if an unforeseen event such as an accident occurs during construction, we may be unable to develop and sell properties as planned, which could affect our financial condition and operating performance.」
The company continues to describe the risks that financial difficulties at outsourcing providers, rising construction material prices, and construction accidents could affect development and sales. - FY2022RestatedAnnual report
「If an architectural firm or construction company experiences financial difficulties, if outsourcing costs rise as a result of higher construction material prices, or if an unforeseen event such as an accident occurs during construction, we may be unable to develop and sell properties as planned, which could affect our financial condition and operating performance.」
The company continues to describe the risks that financial difficulties at outsourcing providers, rising construction material prices, and construction accidents could affect development and sales. - FY2020RestatedAnnual report
「If an architectural firm or construction company experiences financial difficulties, if outsourcing costs rise as a result of higher construction material prices, or if an unforeseen event such as an accident occurs during construction, we may be unable to develop and sell properties as planned, which could affect our financial condition and operating performance.」
The company continues to describe risks related to outsourced design and construction work, material prices, and construction accidents. - FY2019First statedAnnual report
「If an architectural firm or construction company experiences financial difficulties, if outsourcing costs rise as a result of higher construction material prices, or if an unforeseen event such as an accident occurs during construction, we may be unable to develop and sell properties as planned, which could affect our financial condition and operating performance.」
The company identifies as risks the financial difficulties of outsourcing providers, rising material prices, and accidents during construction in connection with outsourcing part or all of the design and construction work.