Changes in Technical Conditions and Equipment and Materials Prices After Order Receipt
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 19 of 60 companies on the "Worse" side.
28 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The company identifies risks before project award, during the bidding stage, and seeks to mitigate risks of fluctuations after project award by incorporating countermeasures into contract terms and taking other steps.」
The company specified its management approach to risks of fluctuations in equipment and materials costs, labor costs and operating expenses after project award, consisting of identifying risks before project award, reflecting them in contract terms, and obtaining follow-up from third parties after project award. - FY2018RestatedAnnual report
「If risks arise from changes in technical conditions or equipment and materials prices that could not have been foreseen when the project was awarded, they may affect the performance of the Group.」
The company continues to disclose the risk of changes in technical conditions and equipment and materials prices after project award. - FY2017RestatedAnnual report
「If risks arise from changes in technical conditions or equipment and materials prices that could not have been foreseen when the project was awarded, they may affect the performance of the Group.」
The company continues to disclose the risk of changes in technical conditions and equipment and materials prices after project award. - FY2016First statedAnnual report
「If risks arise from changes in technical conditions or equipment and materials prices that could not have been foreseen when the project was awarded, they may affect the performance of the Group.」
Risk of margin fluctuations after project award in engineering and other operations.