Risk of failing to obtain or renew construction and medical-device permits
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual reportNo explicit disclosure of the risk of failure to obtain or renew construction and medical device-related licenses and permits was identified in the risk disclosures for the current fiscal year.
- FY2019RestatedAnnual report
「Under the Construction Business Act, the Group has obtained from the Tokyo Metropolitan Government licenses for electrical construction and telecommunications construction. Under the Pharmaceutical and Medical Devices Act, it has obtained licenses for medical device repair, medical device sales, medical device leasing, Type 1 medical device marketing, and medical device manufacturing.」
The company describes its possession of construction and medical device-related licenses and permits while continuing to identify the risk of losing bidding opportunities in regions where the required licenses have not been obtained and the risk of being unable to renew them. - FY2018MitigatedAnnual report
「Under the Construction Business Act, the Group has obtained from the Tokyo Metropolitan Government licenses for electrical construction and telecommunications construction. Under the Pharmaceutical and Medical Devices Act, it has obtained licenses for medical device repair, medical device sales, medical device leasing, Type 1 medical device marketing, and medical device manufacturing.」
Obtaining a Type 1 medical device marketing license and registering as a medical device manufacturer expanded the scope of the Group's response to medical device-related licensing requirements. However, the company continues to disclose risks such as an inability to renew licenses. - FY2017RestatedAnnual report
「If these licenses cannot be renewed for any reason, not only due to a fault on the part of the Group, the Group will be unable to undertake maintenance and repair work from these medical device manufacturers.」
The company continues to identify the risk of losing order opportunities due to failure to obtain or renew construction and medical device-related licenses and permits. - FY2016First statedAnnual report
「The company conducts medical device repair, sales and leasing operations under the licenses for the medical device repair, sales and leasing businesses. If these licenses cannot be renewed for any reason, not only due to a fault on the part of the Group, the Group will be unable to undertake maintenance and repair work from these medical device manufacturers.」
The company identifies the loss of bidding opportunities due to failure to obtain licenses and the contraction of the business due to an inability to renew licenses as risks.