Risk of Non-Compliance with, and Amendments to, Legal Regulations Including Construction Business Licensing Requirements
First written in FY2017. 2 of 5 entries say "Reframed", first in FY2019. Latest entry: FY2023.
Besterra moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Specified construction business license Minister of Land, Infrastructure, Transport and Tourism License issued by the Minister of Land, Infrastructure, Transport and Tourism (特-４)No. 28686」
Regarding the construction business license, the disclosure has been updated from the previous reference to a license issued by the Governor of Tokyo to a license issued by the Minister of Land, Infrastructure, Transport and Tourism, together with updated licensing information such as the validity period. - FY2021RestatedAnnual report
「Under the Construction Business Act, the Company holds a specified construction business license issued by the Governor of Tokyo. The Company strives to maintain the requirements for the license and comply with all applicable laws and regulations, and no facts exist that constitute grounds for revocation of these licenses.」
The Company continues to state that it strives to maintain its specified construction business license and comply with laws and regulations, and discloses 24 November 2024 as the license expiry date. - FY2020RestatedAnnual report
「Under the Construction Business Act, the Company holds a specified construction business license issued by the Governor of Tokyo. The Company strives to maintain the requirements for the license and comply with all applicable laws and regulations, and no facts exist that constitute grounds for revocation of these licenses.」
The Company continues to disclose its efforts to maintain its specified construction business license, including for demolition work, comply with laws and regulations, and maintain a system for responding to regulatory amendments. - FY2019ReframedAnnual report
「The amendment to the Construction Business Act added demolition work as a new category, with the aim of ensuring an appropriate construction system for demolition work adapted to the era of maintenance and renewal. The amendment took effect in June 2016, with a 3-year transitional measure after implementation for existing contractors.」
Regarding legal and regulatory risks, the Company identifies, in addition to general compliance, the introduction of a new demolition work license under the amended Construction Business Act, transitional measures, and specific issues concerning the renewal and maintenance of licenses. - FY2017First statedAnnual report
「In addition to the Construction Business Act, the plant decommissioning business is subject to various related legal regulations, including the Construction Recycling Act, the Waste Management and Public Cleansing Act, the Industrial Safety and Health Act, the Soil Contamination Countermeasures Act, the Fire Service Act and the Road Traffic Act.」
The Company discloses that it is subject to multiple legal and regulatory requirements, including construction business licensing, and that unforeseen events resulting from violations or regulatory amendments could affect performance.