Peace of mind through ground quality certification and long-term warranties
First written in FY2016. 5 of 26 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07OtherEarnings
「This was mainly due to a ¥9.747 million increase in the provision for damage compensation, while long-term borrowings decreased by ¥4.002 million.」
The company states that the provision for damage compensation increased by ¥9.747 million from the end of the previous consolidated fiscal year. - FY2026MitigatedAnnual report
「At a consolidated subsidiary, following the execution of a new insurance contract covering ground warranties dated 31 December 2025, the risk of future losses was eliminated. Accordingly, we reversed the provision for claims under warranties previously recognized and recorded ¥251,177 thousand as extraordinary income.」
Following execution of the new insurance contract, the risk of future losses was considered eliminated and the previously recognized ¥251,177 thousand provision for claims under warranties was reversed. - FY2026-H1Increase in provision for claims under warranties to ¥314,400 thousandAnnual report
「This was mainly due to a ¥312,400 thousand increase in the provision for claims under warranties.」
The provision for claims under warranties increased by ¥312,400 thousand, from ¥2,000 thousand at the end of the previous consolidated fiscal year to ¥314,400 thousand. - FY2025AdvancedAnnual report
「In the ground business, ground settlement incidents have declined as a result of initiatives since 2019 to improve analysis technology and initiatives since 2023 to review the design and construction inspection standards for ground-improvement work. As these measures are expected to lead to higher orders due to growing trust in the Group and lower ground-warranty costs, we will continue working to improve our technical capabilities.」
The company states that improved analysis technology and revised design and construction inspection standards for ground-improvement work reduced ground settlement incidents and helped lower ground-warranty costs. The provision for claims under warranties also decreased from ¥60,000 thousand to ¥2,000 thousand. - FY2025-H1Increase in provision for claims under warranties to ¥75,000 thousandAnnual report
「Non-current liabilities were ¥95,846 thousand, a decrease of ¥9,996 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥24,996 thousand decrease in long-term borrowings and a ¥15,000 thousand increase in the provision for claims under warranties.」
The provision for claims under warranties increased by ¥15,000 thousand from the end of the previous consolidated fiscal year, from ¥60,000 thousand to ¥75,000 thousand. - FY2024Increase in provision for claims under warranties to ¥60,000 thousandAnnual report
「Provision for claims under warranties 55,184 60,000」
The provision for claims under warranties increased from ¥55,184 thousand at the end of the previous consolidated fiscal year to ¥60,000 thousand. - FY2024-Q3Increase in provision for claims under warrantiesAnnual report
「Provision for claims under warranties 55,184 56,303」
The provision for claims under warranties increased by ¥1,119 thousand, from ¥55,184 thousand at the end of the previous consolidated fiscal year to ¥56,303 thousand. - FY2024-Q2Decrease in provision for claims under warrantiesAnnual report
「Provision for claims under warranties 55,184 50,585」
The provision for claims under warranties decreased from ¥55,184 thousand at the end of the previous consolidated fiscal year to ¥50,585 thousand. - FY2024-Q1¥5,196 thousand increase in provision for claims under warrantiesAnnual report
「Provision for claims under warranties 55,184 60,380」
The provision for claims under warranties increased by ¥5,196 thousand, from ¥55,184 thousand at the end of the previous consolidated fiscal year to ¥60,380 thousand. - FY2023AdvancedAnnual report
「Profit increased year on year due to lower costs resulting from a review of insurance contract terms.」
Lower costs from a review of insurance contract terms contributed to higher profit in the ground business. Meanwhile, the provision for claims under warranties increased from ¥24,822 thousand in the previous fiscal year to ¥55,184 thousand. - FY2023-Q3¥52,037 thousand increase in provision for claims under warrantiesAnnual report
「Non-current liabilities were ¥236,859 thousand, an increase of ¥52,037 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥52,037 thousand increase in the provision for claims under warranties.」
The provision for claims under warranties increased by ¥52,037 thousand, from ¥24,822 thousand at the end of the previous consolidated fiscal year to ¥76,859 thousand. - FY2023-Q2¥32,383 thousand increase in provision for claims under warrantiesAnnual report
「Non-current liabilities were ¥217,206 thousand, an increase of ¥32,383 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥32,383 thousand increase in the provision for claims under warranties.」
The provision for claims under warranties increased by ¥32,383 thousand from the end of the previous consolidated fiscal year. - FY2023-Q1AdvancedAnnual report
「From April, we began providing the new service The Future 10 for individual customers, enabling us to offer ground-quality certificates and coverage in the event of differential settlement.」
The new service for individual customers reached the stage at which ground-quality certification and related long-term coverage could be provided. - FY2022-Q3Increase in provision for claims under warrantiesAnnual report
「Non-current liabilities were ¥185,676 thousand, an increase of ¥15,617 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥15,617 thousand increase in the provision for claims under warranties.」
The provision for claims under warranties related to ground-quality warranties increased by ¥15,617 thousand from the end of the previous consolidated fiscal year. - FY2020-Q2RestatedAnnual report
「In addition, this product and service provides triple protection through the Ground Long-Life Warranty System, which provides long-term coverage for differential settlement; the Earthquake eye Warranty, which covers earthquake-induced liquefaction up to seismic intensity 5 upper; and the Jiban Net Club, an earthquake-disaster support service for earthquakes of seismic intensity 6 lower or higher.」
The company continues to provide triple protection combining long-term coverage, liquefaction coverage and post-earthquake support. - FY2020-Q1RestatedAnnual report
「In addition, this product and service provides triple protection through the Ground Long-Life Warranty System, which provides long-term coverage for differential settlement; the Earthquake eye Warranty, which covers earthquake-induced liquefaction up to seismic intensity 5 upper; and the Jiban Net Club, an earthquake-disaster support service for earthquakes of seismic intensity 6 lower or higher.」
The company continues to provide triple protection combining long-term coverage, liquefaction coverage and post-earthquake support. - FY2019AdvancedAnnual report
「This product and service provides triple coverage through the Ground Long-Life Warranty System, which covers differential settlement over an extended period; the Earthquake eye Warranty, which covers earthquake liquefaction up to a seismic intensity of 5 upper; and the Ground Net Club disaster support service for earthquakes with a seismic intensity of 6 upper or higher.」
The company provides triple coverage combining the existing long-term ground warranty with liquefaction coverage and disaster support. - FY2018-Q3Update of the provision for expected warranty losses to ¥10,000 thousandAnnual report
「From the second-quarter consolidated accounting period, because it became possible to make a reasonable estimate based on objective data of expected losses related to underwriting ground quality warranties, we recognized the estimated amount of ¥10,000 thousand in both cost of sales and the provision for warranty claims.」
¥10,000 thousand was recognized in cost of sales and the provision for warranty claims for expected losses related to ground quality warranties. - FY2018-Q2Recognition of a provision for expected warranty lossesAnnual report
「During the second-quarter consolidated accounting period, because it became possible to make a reasonable estimate based on objective data of expected losses related to underwriting ground quality warranties, we recognized the estimated amount of ¥7,974 thousand in both cost of sales and the provision for warranty claims.」
As a reasonable estimate based on objective data became possible for expected losses related to ground quality warranties, ¥7,974 thousand was recognized in cost of sales and the provision for warranty claims. - FY2017-Q3RestatedAnnual report
「To fulfill our 20-year ground warranty, which is our promise to customers, we have continued initiatives including personnel development, strengthened sales activities, improved operational efficiency and enhanced internal controls.」
The company describes its continued business operations aimed at honoring the 20-year ground warranty. - FY2017-Q2RestatedAnnual report
「To fulfill our 20-year ground warranty, which is our promise to customers」
The policy of continuing to honor the 20-year ground warranty has been reiterated. - FY2017-Q1RestatedAnnual report
「To fulfill our 20-year ground warranty, which is our promise to customers」
The policy of continuing to honor the 20-year ground warranty has been reaffirmed. - FY2016First statedAnnual report
「If a ground-related incident such as differential settlement causing a house to tilt occurs at a residence for which our Group has issued a ground quality certificate, our Group will compensate the builder or other party for ground repair costs and damage to the residence, up to ¥50 million, for 10 or 20 years from the date the residence is delivered.」
Long-term ground warranties are presented as the foundation of confidence in the service.