Litigation and other legal proceedings relating to soil contamination, building defects and workplace accidents
First written in FY2017. 5 of 7 entries say "Restated". Latest entry: FY2022.
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- FY2022WorsenedAnnual report
「In the condominium and detached-house development businesses, when developing condominiums and homes for sale, we investigate whether there is soil contamination or other issues when acquiring land, consult with neighboring residents, and select contractors with sufficient construction expertise. Through these measures, we work to ensure the environmental quality and quality of condominiums and detached houses for sale. However, if soil contamination or defects relating to properties for sale occur, we may face lawsuits or other claims.」
The scope of the risk relating to soil contamination and defects in properties for sale has been explicitly expanded to include detached houses for sale, broadening the businesses covered. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
States that there have been no material changes in the risks of lawsuits and other claims arising from soil contamination, building defects and industrial accidents. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in the risks of lawsuits and other claims arising from soil contamination, building defects and industrial accidents. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in the risks of lawsuits and other claims arising from soil contamination, building defects and industrial accidents. - FY2019RestatedAnnual report
「However, if soil contamination or defects relating to properties for sale occur, the Group may face lawsuits or other claims, which could affect its operating results and financial condition depending on the outcome.」
It continues to describe the risks of lawsuits and other claims arising from soil contamination and defects in properties for sale, and defects and industrial accidents in custom-built housing. - FY2018RestatedAnnual report
「However, if soil contamination or defects relating to properties for sale occur, the Group may face lawsuits or other claims, which could affect its operating results and financial condition depending on the outcome.」
It continues to describe the risks of lawsuits and other claims arising from soil contamination and defects in properties for sale, and defects and industrial accidents in custom-built housing. - FY2017First statedAnnual report
「However, if soil contamination or defects relating to properties for sale occur, the Group may face lawsuits or other claims, which could affect its operating results and financial condition depending on the outcome. In the custom-built housing business, we work to ensure quality control and site safety management when constructing buildings ordered by customers. However, if defects relating to such buildings or industrial accidents occur, we may face lawsuits or other claims.」
It describes the risks of lawsuits and other claims arising from soil contamination and defects in condominiums for sale, and building defects and industrial accidents in custom-built housing. Measures cited include site investigations, consultations with neighboring residents, contractor selection, and quality and safety management.