Delivery schedules, personnel, costs, and technical and quality risks for large-scale, long-term plant projects
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 6 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Some projects are large in scale and require lengthy construction periods, creating risks of delivery and construction delays, difficulty securing labor, higher costs, and technical or quality problems, any of which could affect the operating results and financial condition of the Group.」
The company continues to disclose risks involving delivery schedules, staffing, costs, and technical and quality matters associated with large, long-term plant projects. - FY2021RestatedAnnual report
「Some projects are large in scale and require lengthy construction periods, creating risks of delivery and construction delays, difficulty securing labor, higher costs, and technical or quality problems, any of which could affect the operating results and financial condition of the Group.」
The risks involving delivery schedules, personnel, costs, and technical and quality issues for large-scale, long-term plant projects are reiterated as business risks. - FY2019RestatedAnnual report
「Some projects are large in scale and require lengthy construction periods, creating risks of delivery and construction delays, difficulty securing labor, higher costs, and technical or quality problems, any of which could affect the operating results and financial condition of the Group.」
The risks involving delivery schedules, personnel, costs, and technical and quality issues for large-scale, long-term plant projects are reiterated as business risks. - FY2018RestatedAnnual report
「Some projects are large in scale and require lengthy construction periods, creating risks of delivery and construction delays, difficulty securing labor, higher costs, and technical or quality problems, any of which could affect the operating results and financial condition of the Group.」
The annual report continues to identify the risks of delays, securing personnel, rising costs, and technical and quality issues arising from large-scale, long-term projects. - FY2017First statedAnnual report
「Some projects are large in scale and require lengthy construction periods, creating risks of delivery and construction delays, difficulty securing labor, higher costs, and technical or quality problems, any of which could affect the operating results and financial condition of the Group.」
In connection with the turnkey contracting model for plant engineering, the company has disclosed for the first time that delays, securing personnel, rising costs, and technical and quality issues in large-scale, long-term projects are risks.