Risk of tighter regulation of the food-service industry
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2023.
Sanko Marketing Foods moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2023: 4 of 12 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「We are subject to regulations under the Food Sanitation Act, the Act on Promotion of Recycling of Food Cyclic Resources (Food Recycling Act), the Health Promotion Act, the Fire Service Act, the Act on the Rational Use of Energy (Energy Conservation Act), the Act on the Promotion of Sorted Collection and Recycling of Containers and Packaging (Container and Packaging Recycling Act), and various other laws relating to the businesses of our group.」
The disclosure expressly identifies the Container and Packaging Recycling Act and other regulations affecting the food-service industry, and extends its scope to various laws relating to the Group's businesses. - FY2018RestatedAnnual report
「If these legal regulations are strengthened, our operating results and financial position may be affected by an increase in new costs required to comply with them, among other factors.」
The disclosure continues to address the risk of higher compliance costs resulting from tighter regulations affecting the food-service industry. - FY2016First statedAnnual report
「If these legal regulations are strengthened, our operating results and financial position may be affected by an increase in new costs required to comply with them, among other factors.」
The disclosure identifies tighter regulations under the Food Sanitation Act, Food Recycling Act, Health Promotion Act, Fire Service Act, Energy Conservation Act and other laws as risks.