Risk of Changes in Legal Regulations, Including Food Safety, Labor and Fire Safety
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2023: 4 of 12 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group is subject to various legal regulations relating to restaurant and hotel operations, including the Food Sanitation Act, the Labor Standards Act and the Fire Service Act. If these legal regulations change, the resulting additional costs required to comply with them may affect the Group's performance.」
The risk of compliance costs associated with changes in legal regulations concerning food sanitation, labor and fire safety, among other areas, continued. - FY2019RestatedAnnual report
「We are subject to various legal regulations relating to restaurant and hotel operations, including the Food Sanitation Act, the Labor Standards Act and the Fire Service Act. If these legal regulations change, the resulting additional costs required to comply with them may affect the Group's performance.」
The risk of changes in legal regulations concerning food sanitation, labor and fire safety, among other areas, and the associated compliance costs continued. - FY2018RestatedAnnual report
「We are subject to various legal regulations relating to restaurant and hotel operations, including the Food Sanitation Act, the Labor Standards Act and the Fire Service Act. If these legal regulations change, the resulting additional costs required to comply with them may affect the Group's performance.」
The risk of changes in legal regulations concerning food sanitation, labor and fire safety, among other areas, and the associated compliance costs continued to be disclosed for the full fiscal year. - FY2017First statedAnnual report
「In addition to general laws and regulations, including the Companies Act, the Financial Instruments and Exchange Act and the Corporation Tax Act, the Group is subject to various legal regulations relating to restaurant and hotel operations, including the Food Sanitation Act, the Labor Standards Act and the Fire Service Act. If these legal regulations change, the resulting additional costs required to comply with them may affect the Group's performance.」
Changes in various legal regulations concerning restaurant and hotel operations and the associated compliance costs were disclosed systematically for the first time as a risk.