Legal regulatory risks relating to construction, real estate and nursing care
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Explicit monitoring of legal and regulatory complianceAnnual report
「The Company thoroughly conducts advance reviews of the Construction Business Act and other relevant laws and regulations, provides awareness training on legal compliance to its officers, employees, and business partners, and monitors compliance. However, if legal regulations that increase costs or impose new business restrictions are newly enacted, amended, or abolished in the future, if applicable standards are changed, or if the Company becomes subject to administrative action or other measures under legal regulations, the Company's operating performance or corporate valuation may be affected.」
In response to the risks posed by amendments to or abolition of legal regulations, changes in standards, and administrative action, it explicitly identifies awareness training for officers, employees, and business partners, as well as compliance monitoring. - FY2022RestatedAnnual report
「The Company is subject to legal regulations including the Construction Business Act, Building Standards Act, and Act on Promotion of Quality Assurance in Housing in its construction business; the Real Estate Brokerage Act and other laws in its real estate business; and the Long-Term Care Insurance Act, Welfare Act for the Elderly, and other laws in its nursing care business.」
It continues to identify the risk that legal regulations concerning construction, real estate, and nursing care, as well as regulatory amendments, changes in standards, and administrative action, may affect operating performance. - FY2020RestatedAnnual report
「If legal regulations that increase costs or impose new business restrictions are newly enacted, amended, or abolished in the future, if applicable standards are changed, or if the Company becomes subject to administrative action or other measures under legal regulations, the Company's operating performance may be affected.」
It continues to identify the risk that the enactment, amendment, or abolition of legal regulations, changes in standards, or administrative action concerning each business may affect operating performance. - FY2019WorsenedAnnual report
「If these regulations are amended, abolished, or newly enacted in the future, or if the Company becomes subject to administrative action by a supervisory authority, the Company's operating performance may be affected.」
In addition to amendments, abolition, and new enactment of regulations, administrative action by supervisory authorities is explicitly identified as a factor that may affect operating performance. - FY2017RestatedAnnual report
「If these regulations are amended, abolished, or newly enacted in the future, the Company's operating performance may be affected.」
It reiterates the risk that amendments, abolition, or new enactment of legal regulations concerning construction, real estate, and nursing care may affect operating performance. - FY2016First statedAnnual report
「If these regulations are amended, abolished, or newly enacted in the future, the Company's operating performance may be affected.」
The scope includes the Construction Business Act, Building Standards Act, Act on Promotion of Quality Assurance in Housing, Real Estate Brokerage Act, and Long-Term Care Insurance Act.