Risks relating to structural design, quality issues and long-term warranties
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「For homes built using the SE Construction Method, we provide a long-term warranty system under our proprietary SE Housing Performance Warranty and take comprehensive measures to ensure seismic performance and quality control. However, if a serious quality issue arises due to unforeseen circumstances during the long-term support period, this may affect our group's business performance and financial position.」
The risks of quality issues associated with structural design, quality assurance and long-term warranties were reiterated. - FY2021RestatedAnnual report
「For homes built using the SE Construction Method, we provide a long-term warranty system under our proprietary SE Housing Performance Warranty and take comprehensive measures to ensure seismic performance and quality control. However, if a serious quality issue arises due to unforeseen circumstances during the long-term support period, this may affect our group's business performance and financial position.」
The risks relating to structural design and quality issues associated with long-term warranties were reiterated. - FY2019First statedAnnual report
「For homes built using the SE Construction Method, we provide a long-term warranty system under our proprietary SE Housing Performance Warranty and take comprehensive measures to ensure seismic performance and quality control. However, if a serious quality issue arises due to unforeseen circumstances during the long-term support period, this may affect our group's business performance and financial position.」
Structural-calculation falsification, legal amendments, serious quality issues and the burden associated with long-term warranties were cited.