Costs of responding to changes in domestic and overseas laws, regulations and administrative practices
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
124 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「The Group operates stores throughout Japan and engages in wholesale sales to retailers and others overseas. It conducts business in compliance with various domestic and overseas laws and regulations relating to store development, business hours, hygiene management, product transactions, environmental protection and other matters, fulfills its obligations to obtain the required approvals, and operates under licenses and permits issued by the authorities.」
The risks of responding to changes in laws and regulations, licenses and permits, and administrative procedures associated with the domestic and overseas store and wholesale businesses continue to be identified. - FY2016First statedAnnual report
「If unforeseen changes in laws or regulations, or changes in administrative procedures, occur in the future, additional response costs could arise and affect operating results.」
Changes in laws, regulations, licenses and permits relating to store development, business hours, hygiene management, product transactions and environmental protection are identified as risks.