IKK Holdings (2198) · RiskRestated
Regulatory, weather and demand fluctuation risks in the photography business
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024-Q1.
2entries
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0from disclosures
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Regulatory, weather and demand fluctuation risks in the photography businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in the regulatory, weather-related or demand volatility risks associated with the photography business. - FY2023First statedAnnual report
「This business is subject to regulation under the Act on Barbers and Beauticians. Accordingly, if new legal regulations are introduced or existing legal regulations are strengthened or amended, this may affect the financial condition, operating results and other aspects of the Group.」
For the photography business, the company has newly identified legal and regulatory requirements, including the Act on Barbers and Beauticians, adverse weather and extreme weather conditions during location shoots, and declining demand for photo weddings, as business risks.