1-3:Investigation and repair works on properties constructed by Leopalace21

Repair works started for 83.4% against obviously defective buildings and completed 13.1%. Repair works delayed due to the failure to maintain adequate organizational setup and resources. The recovery of business performance is indispensable for surely implementing measures against construction defects problem. Therefore, we decided on reallocating manpower and physical resources including offering a voluntary retirement program, and determined to temporarily reduce the scale of repair works and organizational setup from July 2020. We will review the repair works plans and report them when we have prospects to realize improvement in business performance.

Investigation and repair works on properties constructed by Leopalace21
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