Amendments, Repeals and Administrative Sanctions under Construction and Electrical Work Laws and Regulations
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 5 of 8 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act. The Group works continuously to maintain compliance through the establishment of a compliance committee and thorough internal training.」
The Group continues to address regulatory risks relating to construction and electrical work through the compliance committee and internal training. - FY2021RestatedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act. The Group works continuously to maintain compliance through the establishment of a compliance committee and thorough internal training.」
The Group continues to identify regulatory risks relating to construction and electrical work, with the compliance committee and internal training serving as countermeasures. - FY2020RestatedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act. The Group works continuously to maintain compliance through the establishment of a compliance committee and thorough internal training.」
The Group continues to identify regulatory risks relating to construction and electrical work, and lists the compliance committee and internal training as countermeasures. - FY2019RestatedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act, and the Group works continuously to maintain compliance. However, changes to or repeal or abolition of these laws and regulations, or administrative action resulting from legal regulations, could affect the Group's results.」
The Group continues to identify the risk of changes to, repeal or abolition of laws and regulations relating to construction and electrical work, as well as administrative action. - FY2018RestatedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act, and the Group works continuously to maintain compliance. However, changes to or repeal or abolition of these laws and regulations, or administrative action resulting from legal regulations, could affect the Group's results.」
The Group continues to identify the risk of changes to, repeal or abolition of laws and regulations relating to construction and electrical work, as well as administrative action. - FY2016First statedAnnual report
「The Group's core electrical equipment construction business is subject to regulations under various laws and regulations, including the Construction Business Act, the Electrical Construction Business Act and the Electrician Act, and the Group works continuously to maintain compliance. However, changes to or repeal or abolition of these laws and regulations, or administrative action resulting from legal regulations, could affect the Group's results.」
The Group identifies changes to, repeal or abolition of laws and regulations related to its core business, as well as administrative action, as factors that could affect its results.