Komori
Meiho Holdings (7369) · RiskRestated

Occurrence of Construction Defects and Occupational Injuries and Accidents

First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.

3entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2021 – FY20232021: 120212022: 120222023: 12023
Same theme, other companies
Safety and quality risks arising from construction accidents, quality incidents and occupational accidentsA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

5 other companies' latest entry also says "Restated".

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  1. FY2023RestatedAnnual report

    「Because of the nature of the business, the construction business tends to have a higher rate of accidents occurring during operations than other businesses. Our group thoroughly implements safety management for employees through safety education provided in internal training and hazard-prediction activities. However, if a serious occupational accident or other accident involving loss of life occurs, this could undermine our credibility and have a material impact on our group’s operating results and financial position.」

    The company reconfirmed the risk of occupational accidents and other accidents in the construction business and its response through safety education and hazard-prediction activities.
  2. FY2022RestatedAnnual report

    「Although our group focuses on thoroughly ensuring and improving the quality of deliverables through practical training and in-house education, if defects occur in deliverables and this leads to administrative sanctions such as suspension from designated bidding, this could have a material impact on our group’s operating results and financial position.」

    The company reiterates the risk of defects in deliverables and its measures to ensure quality through practical training and in-house education.
  3. FY2021First statedAnnual report

    「Although our group focuses on thoroughly ensuring and improving the quality of deliverables through practical training and in-house education, if defects occur in deliverables and this leads to administrative sanctions such as suspension from designated bidding, this could have a material impact on our group’s operating results and financial position.」

    For its construction-related services and construction businesses, the company identifies defects in deliverables and serious occupational accidents as major risks.
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