Litigation involving real estate defects, receivables collection and construction claims
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2023.
111 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「As of the filing date of this document, there were no lawsuits filed that could have a material effect on business performance. However, if a dispute arises with customers or others over rights relating to non-conformity with contracts involving real estate sold or uncollected receivables, or if neighbourhood noise complaints or other issues arise during renovation work, litigation may result and may affect the operating results and financial position of the Group.」
While stating that there are no material lawsuits, the Company continues to disclose the risk of future litigation arising from non-conformity with contracts involving real estate, uncollected receivables, renovation work and other matters. - FY2020RestatedAnnual report
「As of the filing date of this document, there were no lawsuits filed that could have a material effect on business performance.」
While stating that there are no material lawsuits, the Company continues to disclose the risk of future litigation arising from real estate defects, uncollected receivables, renovation work and other matters. - FY2019RestatedAnnual report
「As of the filing date of this document, there were no lawsuits filed that could have a material effect on business performance.」
The Company continues to disclose the risk of future litigation arising from real estate defects, uncollected receivables, renovation work and other matters, while stating that there are currently no material lawsuits. - FY2018First statedAnnual report
「As of the filing date of this document, there were no lawsuits filed that could have a material effect on business performance. However, if a dispute arises with customers or others over rights relating to defects in real estate sold or uncollected receivables, or if neighbourhood noise complaints or other issues arise during renovation work, litigation may result.」
While stating that there are currently no material lawsuits, the Company describes the possibility of future litigation relating to sales, collection and renovation work.