Risk of Business Impact from License and Permit Cancellations and Amendments to Laws and Regulations
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 4 of 19 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In operating our business, we are subject to regulations under various laws, including the National Land Use Planning Act, Real Estate Brokerage Act, Building Standards Act, City Planning Act, Financial Instruments and Exchange Act and Worker Dispatching Act, as well as ordinances established by local governments.」
Dependence on various laws, ordinances and licenses and permits, and the potential impact of cancellation of licenses and permits, amendments to laws and regulations, or tighter regulation are disclosed again. - FY2018RestatedAnnual report
「In operating our business, we are subject to regulations under various laws, including the National Land Use Planning Act, Real Estate Brokerage Act, Building Standards Act, City Planning Act, Financial Instruments and Exchange Act and Worker Dispatching Act, as well as ordinances established by local governments.」
Dependence on multiple laws, ordinances and licenses and permits, and the potential impact of cancellation of licenses and permits, amendments to laws and regulations, or tighter regulation are disclosed again. - FY2017First statedAnnual report
「In operating our business, we are subject to regulations under various laws, including the National Land Use Planning Act, Real Estate Brokerage Act, Building Standards Act, City Planning Act, Financial Instruments and Exchange Act and Worker Dispatching Act, as well as ordinances established by local governments.」
Dependence on multiple licenses and permits, laws and ordinances is disclosed, indicating that cancellation of licenses and permits, amendments to laws and regulations, or tighter regulation could materially affect operating results and financial position.