Compensation Costs Arising from Claims Relating to Delivered Products
First written in FY2018. 18 of 25 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Taihei Machinery Works,Limited moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for completed construction warranty obligations 178,870 121,000」
The provision for completed construction warranty obligations decreased from ¥178.870 million at the end of the previous fiscal year to ¥121 million, reducing the provision for compensation costs related to claims on delivered products. - 2026-05-13MitigatedRevisions to earnings forecasts
「Provision for warranty on completed construction 178,870 121,000」
The provision for warranty on completed construction decreased from the end of the previous fiscal year, reducing the reserve for warranty costs related to delivered products. - FY2025-H1WorsenedAnnual report
「Provision for completed construction warranty obligations 184,000 207,600」
The provision for completed construction warranty obligations increased from ¥184 million at the end of the previous consolidated fiscal year to ¥207.6 million, increasing the provision for compensation costs related to delivered products. - FY2024WorsenedAnnual report
「Provision for completed construction warranty obligations 96,350 184,000」
The provision for completed construction warranty obligations increased from ¥96.350 million at the end of the previous fiscal year to ¥184 million, increasing the provision for compensation costs related to delivered products. - FY2024-Q3WorsenedAnnual report
「Provision for completed construction warranty obligations 96,350 213,100」
The provision for completed construction warranty obligations increased from ¥96.350 million at the end of the previous fiscal year to ¥213.100 million at the end of the third quarter, increasing the provision for compensation costs related to delivered products. - FY2024-Q2WorsenedAnnual report
「¥90 million increase in the provision for completed construction warranty obligations」
The provision for completed construction warranty obligations increased from ¥96 million at the end of the previous fiscal year to ¥186 million at the end of the second quarter, increasing the provision for compensation costs related to delivered products. - FY2024-Q1WorsenedAnnual report
「Provision for completed construction warranty obligations 96,350 117,286」
The provision for completed construction warranty obligations increased from ¥96.35 million at the end of the previous fiscal year to ¥117.286 million, increasing the provision for compensation costs related to delivered products. - FY2023WorsenedAnnual report
「Provision for completed construction warranty obligations 84,000 96,350」
The provision for completed construction warranty obligations increased from ¥84 million at the end of the previous fiscal year to ¥96.35 million, increasing the provision for compensation costs related to claims on delivered products. - FY2023-Q3WorsenedAnnual report
「Provision for completed construction warranty obligations 84,000 119,500」
The provision for completed construction warranty obligations increased from ¥84 million at the end of the previous fiscal year to ¥119.5 million, increasing the provision for compensation costs related to claims on delivered products. - FY2023-Q2WorsenedAnnual report
「Provision for completed construction warranty obligations 84,000 123,500」
The provision for completed construction warranty obligations increased from ¥84 million at the end of the previous fiscal year to ¥123.5 million at the end of the second quarter, increasing the provision for compensation costs related to claims on delivered products. - FY2023-Q1WorsenedAnnual report
「Provision for completed construction warranty obligations 84,000 93,200」
The provision for completed construction warranty obligations increased from ¥84 million at the end of the previous consolidated fiscal year to ¥93.2 million, increasing the provision for compensation costs related to claims on delivered products. - FY2022WorsenedAnnual report
「Provision for completed construction warranty obligations 68,000 84,000」
The provision for completed construction warranty obligations increased from ¥68 million at the end of the previous fiscal year to ¥84 million, increasing the provision for compensation costs related to claims on delivered products. - FY2022-Q3WorsenedAnnual report
「Provision for completed construction warranty obligations 68,000 81,600」
The provision for completed construction warranty obligations increased from ¥68 million at the end of the previous fiscal year to ¥81.6 million, increasing the provision for compensation costs related to claims on delivered products. - FY2022-Q2WorsenedAnnual report
「Provision for completed construction warranty obligations 68,000 77,700」
The provision for completed construction warranty obligations increased from ¥68 million at the end of the previous fiscal year to ¥77.7 million at the end of the second quarter, increasing the provision for compensation costs related to claims on delivered products. - FY2022-Q1WorsenedAnnual report
「Provision for completed construction warranty obligations 68,000 72,500」
The provision for completed construction warranty obligations increased from ¥68 million at the end of the previous fiscal year to ¥72.5 million at the end of the first quarter, increasing the provision for compensation costs. - FY2021MitigatedAnnual report
「Provision for completed construction warranty obligations 137,000 54,500 123,500 68,000」
The provision for completed construction warranty obligations decreased from ¥137 million at the end of the previous fiscal year to ¥68 million at the end of the current fiscal year, reducing the provision for compensation costs related to claims on delivered products. - FY2021-Q3Increase in the provision for warranty obligations on completed construction workAnnual report
「Provision for completed construction warranty obligations 137,000 86,000」
The provision for completed construction warranty obligations was ¥86 million, down from ¥137 million at the end of the previous consolidated fiscal year but up from ¥77.5 million at the end of the second quarter. - FY2021-Q2MitigatedAnnual report
「Provision for completed construction warranty obligations 137,000 77,500」
The provision for completed construction warranty obligations decreased by ¥59.5 million from ¥137 million at the end of the previous fiscal year to ¥77.5 million, reducing the provision for compensation costs related to claims on delivered products. - FY2021-Q1Decrease in the provision for completed construction warranty obligationsAnnual report
「Provision for completed construction warranty obligations 137,000 99,500」
The provision for completed construction warranty obligations decreased from ¥137 million at the end of the previous fiscal year to ¥99.5 million at the end of the first quarter. - FY2020WorsenedAnnual report
「Provision for completed construction warranty obligations 117,000 137,000」
The provision for completed construction warranty obligations increased from ¥117 million at the end of the previous fiscal year to ¥137 million, increasing the provision for compensation costs related to claims on delivered products. - FY2020-Q3WorsenedAnnual report
「Provision for completed construction warranty obligations 117,000 170,000」
The provision for completed construction warranty obligations increased from ¥117 million at the end of the previous consolidated fiscal year to ¥170 million at the end of the third quarter, further increasing the provision for compensation costs related to claims on delivered products. - FY2020-Q2WorsenedAnnual report
「Provision for completed construction warranty obligations 117,000 153,000」
The provision for completed construction warranty obligations increased from ¥117 million at the end of the previous consolidated fiscal year to ¥153 million. - FY2020-Q1WorsenedAnnual report
「Provision for completed construction warranty obligations 117,000 160,000」
The provision for completed construction warranty obligations increased from ¥117 million at the end of the previous consolidated fiscal year to ¥160 million at the end of the current quarter. - FY2019WorsenedAnnual report
「¥64 million increase in the provision for completed construction warranty obligations」
The provision for completed construction warranty obligations related to claims on delivered products increased by ¥64 million year on year, bringing the provision balance to ¥117 million. - FY2018MaterialisedAnnual report
「We recognize an amount that can be reasonably estimated for compensation costs expected to arise in the future, to provide for costs related to claims on products delivered to customers.」
¥52.8 million was recorded during the fiscal year as a provision for completed construction warranty obligations, reflecting the recognition of provisions for actual claim costs related to delivered products.