Changes to or Revocation of Real Estate Laws, Regulations and Licenses
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The real estate industry in which our group operates is subject to legal regulations including the Building Lots and Buildings Transaction Business Act, the Act on Promotion of Proper Condominium Management, the Building Standards Act, the City Planning Act, the National Land Use Planning Act, the Act on Building Unit Ownership, etc., the Act against Unjustifiable Premiums and Misleading Representations and the Fair Competition Code concerning the Indication of Real Estate.」
The risk of changes to or revocation of real estate-related laws, regulations and licenses continues to be disclosed, and license validity periods have been updated. - FY2024RestatedAnnual report
「The real estate industry in which our group operates is subject to legal regulations including the Building Lots and Buildings Transaction Business Act, the Act on Promotion of Proper Condominium Management, the Building Standards Act, the City Planning Act, the National Land Use Planning Act, the Act on Building Unit Ownership, etc., the Act against Unjustifiable Premiums and Misleading Representations and the Fair Competition Code concerning the Indication of Real Estate.」
The risk of changes to or revocation of real estate-related laws, regulations and licenses continues to be disclosed, and license expiry dates for the building lots and buildings transaction and construction businesses have been updated. - FY2023RestatedAnnual report
「The real estate industry in which our group operates is subject to legal regulations including the Building Lots and Buildings Transaction Business Act, the Act on Promotion of Proper Condominium Management, the Building Standards Act, the City Planning Act, the National Land Use Planning Act, the Act on Building Unit Ownership, etc., the Act against Unjustifiable Premiums and Misleading Representations and the Fair Competition Code concerning the Indication of Real Estate.」
The risk of changes to or revocation of real estate-related laws, regulations and licenses continues to be disclosed. License expiry dates for the building lots and buildings transaction, construction and condominium management businesses were also updated. - FY2022RestatedAnnual report
「The real estate industry in which our group operates is subject to legal regulations including the Building Lots and Buildings Transaction Business Act, the Act on Promotion of Proper Condominium Management, the Building Standards Act, the City Planning Act, the National Land Use Planning Act, the Act on Building Unit Ownership, etc., the Act against Unjustifiable Premiums and Misleading Representations and the Fair Competition Code concerning the Indication of Real Estate.」
The risk of changes to or revocation of real estate-related laws, regulations and licenses continues to be disclosed. License expiry dates from 2023 through 2026 were also stated. - FY2021First statedAnnual report
「The real estate industry in which our group operates is subject to legal regulations including the Building Lots and Buildings Transaction Business Act, the Act on Promotion of Proper Condominium Management, the Building Standards Act, the City Planning Act and the National Land Use Planning Act.」
The company discloses multiple real estate-related laws and regulations and the validity periods and revocation grounds for licenses such as the building lots and buildings transaction business license.