Reputational Damage from Administrative Appeals and Litigation Concerning Building Confirmations
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 2 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Accordingly, if neighboring residents file an administrative appeal against a building confirmation issued by our Group, claiming that the disposition is unjustified, and the matter becomes controversial and develops into litigation, this could affect our Group's credibility as a fair, impartial and professional third-party institution, regardless of whether the building confirmation issued by our Group was appropriate and even if the appeal was based on a completely unfounded misunderstanding.」
The risk that appeals and litigation concerning building confirmations could affect its credibility as a third-party institution, regardless of whether the confirmations were appropriate, remains. - FY2021RestatedAnnual report
「Accordingly, if neighboring residents file an administrative appeal against a building confirmation issued by our Group, claiming that the disposition is unjustified, and the matter becomes controversial and develops into litigation, this could affect our Group's credibility as a fair, impartial and professional third-party institution, regardless of whether the building confirmation issued by our Group was appropriate and even if the appeal was based on a completely unfounded misunderstanding.」
The risk that appeals and litigation concerning building confirmations could affect its credibility as a third-party institution remains. - FY2020RestatedAnnual report
「Accordingly, if neighboring residents file an administrative appeal against a building confirmation issued by our Group, claiming that the disposition is unjustified, and the matter becomes controversial and develops into litigation, this could affect our Group's credibility as a fair, impartial and professional third-party institution, regardless of whether the building confirmation issued by our Group was appropriate and even if the appeal was based on a completely unfounded misunderstanding.」
The risk that appeals and litigation concerning building confirmations could affect its credibility as a third-party institution, regardless of whether the confirmations were appropriate, remains. - FY2018RestatedAnnual report
「If neighboring residents file an administrative appeal against a building confirmation issued by our Group, claiming that the disposition is unjustified, and the matter becomes controversial and develops into litigation, this could affect our Group's credibility as a fair, impartial and professional third-party institution, regardless of whether the building confirmation issued by our Group was appropriate and even if the appeal was based on a completely unfounded misunderstanding.」
The risk that appeals and litigation concerning building confirmations could affect its credibility as a third-party institution, regardless of whether the confirmations were appropriate, remains. - FY2017First statedAnnual report
「If neighboring residents file an administrative appeal against a building confirmation issued by our Group, claiming that the disposition is unjustified, and the matter becomes controversial and develops into litigation, this could affect our Group's credibility as a fair, impartial and professional third-party institution, regardless of whether the building confirmation issued by our Group was appropriate and even if the appeal was based on a completely unfounded misunderstanding.」
The company newly identified the risk that an administrative appeal could become controversial and lead to litigation, affecting its credibility as a third-party institution regardless of whether the building confirmation was appropriate.