Changes in Legal Regulations and Risk of Administrative Sanctions
First written in FY2016. 10 of 12 entries say "Restated". Latest entry: FY2021-Q3.
The whole theme swung hardest in 2026: 5 of 8 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2020Litigation risk explicitly identifiedAnnual report
「In the course of conducting its business activities, the Group may face various lawsuits or other claims relating to the environment, labor matters, intellectual property rights and other matters.」
In addition to changes in legal regulations and administrative penalties, it explicitly identifies the possibility of lawsuits and claims relating to environmental, labor and intellectual property matters, among others. - FY2020-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2020-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2019-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2019-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2018RestatedAnnual report
「The Group is subject to legal regulations under the Construction Business Act, the Antimonopoly Act, the Industrial Safety and Health Act and other laws, and is working to strengthen its compliance framework. However, changes to, repeal or establishment of legal regulations or changes in applicable standards, or violations of legal regulations for any reason resulting in administrative penalties, could affect business performance.」
It continues to disclose the risk of changes to regulations under the Construction Business Act, the Antimonopoly Act and the Industrial Safety and Health Act, among others, and the risk of administrative penalties. - FY2018-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2018-Q2RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative second quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2018-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2017-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or significant changes relating to the risk of changes in legal regulations and administrative penalties. - FY2016First statedAnnual report
「The Group is subject to legal regulations under the Construction Business Act, the Antimonopoly Act, the Industrial Safety and Health Act and other laws, and is working to strengthen its compliance framework. However, changes to, repeal or establishment of legal regulations or changes in applicable standards, as well as administrative penalties resulting from violations of legal regulations, could affect business performance.」
It identifies changes to regulations under the Construction Business Act, the Antimonopoly Act and the Industrial Safety and Health Act, among others, and the possibility of administrative penalties.