Business Restrictions Resulting from Changes in Laws and Regulations and Violations of Laws and Regulations
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 13 of 88 companies on the "Worse" side.
122 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The Group is strengthening its corporate governance and compliance promotion framework to comply with these regulations. However, if these laws and regulations are amended or abolished in the future, new legal regulations are introduced, or a violation of laws or regulations occurs, business activities may be restricted, potentially affecting the Group's operating results and financial condition.」
The Group restates the risk of business restrictions due to changes in or violations of regulations concerning licenses and permits, the environment, product safety and housing defect liability. - FY2017RestatedAnnual report
「The Group is strengthening its corporate governance and compliance promotion framework to comply with these regulations. However, if these laws and regulations are amended or abolished in the future, new legal regulations are introduced, or a violation of laws or regulations occurs, business activities may be restricted, potentially affecting the Group's operating results and financial condition.」
The Group restates, together with its response framework, the risk of business restrictions due to changes in or violations of regulations concerning licenses and permits, the environment, product safety and housing defect liability. - FY2016First statedAnnual report
「If these laws and regulations are amended or abolished in the future, new legal regulations are introduced, or a violation of laws or regulations occurs, business activities may be restricted, potentially affecting the Group's operating results and financial condition.」
The Group lists regulations relating to the construction business, real estate brokerage, architects, the environment and recycling, product safety, and housing defect liability.