Uncertainty Regarding the Settlement of Contract Consideration for an Ethylene Facility for the United States
First written in FY2020. 1 of 2 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2022-Q2.
3 other companies' latest entry also says "Mitigated".
- FY2022-Q2MitigatedAnnual report
「The company had continued discussions with the customer regarding the settlement of contractual consideration between the customer and the group arising in the course of performing services under this project, but the discussions were completed in October 2021.」
The company states that discussions with the customer regarding settlement of contractual consideration for the ethylene production facilities project for the United States, which had continued, were completed in October 2021. However, details of the settlement result have not been provided. - FY2020First statedAnnual report
「The company continues to discuss with the customer certain matters relating to the settlement of contractual consideration between the customer and the group arising in the course of performing services under this project. If the outcome is unfavorable to the group, it could affect the group's operating results and other matters.」
Even after delivery of the ethylene production facilities for the United States, discussions with the customer regarding settlement of contractual consideration remain ongoing, and the company has newly disclosed the possibility of an impact on business performance in the event of an unfavorable outcome.