Risk of liability for damages and compensation arising from defects in designed and constructed properties
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2022.
Tanseisha moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
11 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「If deficiencies or defects in content designed or produced by the Group harm the health or lives of users or others, substantial losses may result.」
The existing risk of liability for damages and compensation obligations due to defects was reframed as a risk of undermining safety and security, including harm to users' health and lives, reputational damage, and litigation and remediation costs. - FY2020RestatedAnnual report
「To improve the quality and ensure the safety of properties designed and constructed by the Group, we have established a comprehensive framework that includes a dedicated quality and safety management division and in-house education. However, we cannot completely rule out the possibility that defects will be found at facilities for which the Group has undertaken design and construction work.」
While implementing measures through its quality and safety management division and in-house education, the Group continues to disclose the possibility of defects in designed and constructed properties and related liability for damages and other obligations. - FY2018RestatedAnnual report
「To improve the quality and ensure the safety of properties designed and constructed by the Group, we have established a comprehensive framework that includes a dedicated quality and safety management division and in-house education. However, we cannot completely rule out the possibility that defects will be found at facilities for which the Group has undertaken design and construction work.」
While implementing measures through its quality and safety management division and in-house education, the Group continues to disclose the possibility of liability for damages and other obligations arising from defects. - FY2017First statedAnnual report
「To improve the quality and ensure the safety of properties designed and constructed by the Group, we have established a comprehensive framework that includes a dedicated quality and safety management division and in-house education. However, we cannot completely rule out the possibility that defects will be found at facilities for which the Group has undertaken design and construction work. If an accident occurs as a result of such a defect, the Group may incur compensation obligations, including liability for damages, as well as other liabilities.」
While implementing measures through its quality and safety management division and in-house education, the Group identifies as a risk the possibility of defects in designed and constructed properties and related liability for damages and other compensation obligations.