Licensing and legal compliance risks in the staffing business
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 7 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As of the date of submission of this document, to the extent recognized by our group, no event has occurred that would result in the cancellation of the relevant licenses or other authorizations or the suspension of business. However, if a serious violation of laws or regulations were to occur at any group company and the company were ordered to have its license revoked or its business suspended, this could affect our group's business performance.」
The filing also addresses the licensing and authorization risks associated with the fee-charging employment placement business, in addition to the worker dispatch business, and states that no grounds for license revocation or business suspension had arisen as of the filing date. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2020-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current fiscal year, there were no new business or other risks, and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2019RestatedAnnual report
「Our group operates its businesses appropriately in compliance with applicable laws. However, if a serious violation of laws or regulations were to occur at any group company and the company were ordered to have its license revoked or its business suspended, this could affect our group's business performance.」
The company continues to disclose the risk of impacts from the cancellation of licenses or other authorizations for staffing and employment placement services, or the suspension of business, together with the applicable laws and regulations. - FY2019-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding licensing and regulatory compliance risks in staffing services. - FY2018RestatedAnnual report
「Our group maintains rigorous compliance, conducts educational activities to promote customers' correct understanding of compliance, and focuses on improving the soundness of the staffing industry as a whole. However, if a violation of laws or regulations were to occur, the cancellation of licenses or other authorizations could affect the business of our group.」
The company reaffirmed the risk that cancellation of licenses or other authorizations for staffing services could affect the business, and its response through rigorous compliance and educational activities. - FY2016First statedAnnual report
「The subsidiaries of our group operate after obtaining licenses from the Minister of Health, Labour and Welfare for general worker dispatching services, fee-charging employment placement services, and other businesses. Our group maintains rigorous compliance, conducts educational activities to promote customers' correct understanding of compliance, and focuses on improving the soundness of the staffing industry as a whole. However, if a violation of laws or regulations were to occur, the cancellation of licenses or other authorizations could affect our business.」
The company states that violations of laws or regulations could lead to the cancellation of licenses or other authorizations and affect the business, while citing rigorous compliance and educational activities as countermeasures.