Quality Defects in Ready-Mixed Concrete and Liability for Damages
First written in FY2016. 22 of 23 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- FY2026RestatedAnnual report
「However, ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
It reiterates the risks of quality defects in ready-mixed concrete, insufficient strength, cracking and damages claims. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2023RestatedAnnual report
「Ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
It reiterates the risks of quality defects in ready-mixed concrete, insufficient strength, cracking and damages claims. - FY2022RestatedAnnual report
「However, ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
While complying with JIS standards and conducting quality control, it reiterates the risks associated with the strength test four weeks later, quality defects, insufficient strength, cracking and damages claims. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It concludes that there have been no major risk events or significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It concludes that there have been no major risk events or significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It concludes that there have been no major risk events or significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It concludes that there have been no major risk events or significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It concludes that there have been no major risk events or significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2020-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2019RestatedAnnual report
「However, ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
While conducting quality control, it reiterates the risks associated with the strength test four weeks later, quality defects, insufficient strength, cracking and damages claims. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2018RestatedAnnual report
「However, ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
While complying with JIS standards and conducting quality control, it reiterates the risks of insufficient strength, cracking and damages claims in the event of quality defects. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2018-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
It concludes that there have been no significant changes regarding the risks of quality defects in ready-mixed concrete and damages claims. - FY2016First statedAnnual report
「However, ready-mixed concrete is a semi-finished product, and its strength is assessed based on the results of a strength test conducted four weeks after placement. Accordingly, if a product is defective due to human error or unforeseen factors, the buildings in which it is used may have insufficient strength or develop cracks, exposing us to the risk of substantial damages claims.」
While complying with JIS standards and conducting quality control, it identifies the risk of damages claims if strength is insufficient or cracks develop.