Amendment, Repeal and Enactment of Business-Related Laws and Regulations, and Compliance Risks
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
124 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group's Code of Conduct establishes compliance with laws and regulations, and the Group works to ensure that its officers and employees adhere to this requirement through training and other measures.」
In response to the risks of changes to or introduction of business-related laws and regulations and violations of laws, the Group is reaffirming its response through its code of conduct, training, the Internal Control Committee and the Internal Audit Office. - FY2018RestatedAnnual report
「If laws are revised or abolished, new legal regulations are introduced, or applicable standards are changed in the future, or if circumstances arise that result in a violation of laws, the Group's financial position, operating results and credibility could be affected.」
The risks of changes to or introduction of business-related laws and regulations and violations of laws are reiterated. - FY2017First statedAnnual report
「The Group is subject to various laws and regulations in conducting its business, including the Construction Business Act, Product Liability Act, Electrical Appliances and Materials Safety Act and Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors. If laws are revised or abolished, new regulations are introduced, or applicable standards are changed in the future, or if circumstances arise that result in a violation of laws, the Group's financial position, operating results and credibility could be affected.」
Changes to or introduction of regulations under the Construction Business Act, Product Liability Act, Electrical Appliances and Materials Safety Act, Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors and other laws, as well as violations of laws and regulations, are identified as risks.