Claim risk arising from construction defects and post-construction problems
First written in FY2016. 29 of 31 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 3 of 12 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a serious non-conformity with a contract arises from defective design, construction defects, or other causes in our group's construction work, we may incur costs related to repairs, compensation, and other matters concerning liability for the non-conformity, potentially affecting our operating results and financial position.」
The company is reaffirming the risks of construction quality, repair and compensation costs, and litigation and other matters associated with the use of the concept of nonconformity to contract, as well as its policy of mitigating those risks through quality control. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2024RestatedAnnual report
「If a serious non-conformity with a contract arises from defective design, construction defects, or other causes in our group's construction work, we may incur costs related to repairs, compensation, and other matters concerning liability for the non-conformity, potentially affecting our operating results and financial position.」
The company is reaffirming the risks of construction quality, repair and compensation costs, and litigation and other matters associated with the use of the concept of nonconformity to contract, as well as its policy of mitigating those risks through quality control. - 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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2023RestatedAnnual report
「If a serious non-conformity with a contract arises from defective design, construction defects, or other causes in our group's construction work, we may incur costs related to repairs, compensation, and other matters concerning liability for the non-conformity, potentially affecting our operating results and financial position.」
The company is reaffirming the risks of construction quality and repair and compensation costs associated with the use of the concept of nonconformity to contract, as well as its policy of mitigating those risks through quality control. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2023-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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2023-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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2022ReframedAnnual report
「If a serious non-conformity with a contract arises from defective design, construction defects, or other causes in our group's construction work, we may incur costs related to repairs, compensation, and other matters concerning liability for the non-conformity, potentially affecting our operating results and financial position.」
The company revises the terminology from the previous focus on defects to non-conformity with a contract, and reorganizes the presentation of repair and compensation costs and litigation risk. - FY2022-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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes to its principal risks, including claim risk arising from construction defects and post-construction problems. - FY2021RestatedAnnual report
「Our group seeks to reduce this risk by operating its business with an emphasis on establishing a quality-control system in accordance with applicable laws and regulations.」
The company reconfirms its policy of reducing the risks of defects caused by defective design, construction defects, and other factors, repair and compensation costs, and litigation through quality control. - FY2021-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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - FY2020RestatedAnnual report
「Our group seeks to reduce this risk by operating its business with an emphasis on establishing a quality-control system in accordance with applicable laws and regulations.」
The company reconfirms its policy of reducing the risks of defects caused by defective design, construction defects, and other factors, repair and compensation costs, and litigation through quality control. - 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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the previous fiscal year's risks, including claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes to the previous fiscal year's business and other risks, including claim risk arising from construction defects and post-construction problems. - FY2019-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.」
The company states that there have been no material changes to the previous fiscal year's risks, including claim risk arising from construction defects and post-construction problems. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - FY2018RestatedAnnual report
「Our group operates a quality-control system in accordance with applicable laws and regulations. However, if a serious defect arises from defective design, construction defects, or other causes in our group's construction operations, we may be held liable and incur costs related to repairs, compensation, and other matters, potentially affecting our operating results and financial position. In addition, if an unexpected trouble or problem arises in connection with our group's business activities, we may face damages claims or litigation arising from it, regardless of whether our group is at fault.」
The company reconfirms the possibility of construction defects and serious defects, as well as unexpected trouble, damages claims, and litigation. - 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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - 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.」
The company states that there have been no material changes concerning claim risk arising from construction defects and post-construction problems. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the previous fiscal year's risks, including claim risk arising from construction defects and post-construction problems. - FY2017RestatedAnnual report
「Our group operates a quality-control system in accordance with applicable laws and regulations. However, if a serious defect arises from defective design, construction defects, or other causes in our group's construction operations, we may be held liable and incur costs related to repairs, compensation, and other matters, potentially affecting our operating results and financial position.」
The company reiterates the construction defect and claim risks, presenting them as the possibility of serious defects, repair and compensation costs, and litigation 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.」
The company states that there have been no material changes to the previous fiscal year's risks, including claim risk arising from construction defects and post-construction problems. - FY2017-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.」
The company states that there have been no material changes to the previous fiscal year's risks, including claim risk arising from construction defects and post-construction problems. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the previous fiscal year's risk items, including claim risk arising from construction defects and post-construction problems. - FY2016First statedAnnual report
「In the construction business, defects in construction work and problems arising after completion may give rise to long-term claim risk.」
The company describes quality and after-sales service risks specific to the construction business.