Leopalace21 (JP:8848) has released an update.
Leopalace21 Corporation has addressed questions from shareholders regarding construction defects, compliance with the Home Appliances Recycling Act, and adjustments to financial statements. The company has made provisions for ongoing repair costs, is operating within environmental guidelines post-administrative recommendation, and clarified that amendments to financial reports were due to an accounting standards change, not a reflection of past financial results.
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