Compliance with the Antiques Business Act and the risk of purchasing stolen goods
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Going forward, we will continue to strictly manage our antiques ledgers in accordance with the Antiques Business Act. For purchases, we will seek to prevent the purchase of stolen goods by obtaining and copying corporate registry certificates and other documents when the seller is a corporation, and identification documents and other materials when the seller is an individual.」
It restates measures to prevent the purchase of stolen goods through management of antiques ledgers, verification of sellers and collection of identification documents, as well as the risk of losses. - FY2018RestatedAnnual report
「Going forward, we will continue to strictly manage our antiques ledgers in accordance with the Antiques Business Act. For purchases, we will seek to prevent the purchase of stolen goods by obtaining and copying corporate registry certificates and other documents when the seller is a corporation, and identification documents and other materials when the seller is an individual. However, if stolen goods are not identified and their purchase requires restitution to the victim without charge, a loss equivalent to the purchase price may arise.」
It restates measures to prevent the purchase of stolen goods through management of antiques ledgers, verification of sellers and collection of identification documents, as well as the risk of losses in the event of a violation. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including compliance with the Antiques Business Act and the risk of purchasing stolen goods. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including compliance with the Antiques Business Act and the risk of purchasing stolen goods. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including compliance with the Antiques Business Act and the risk of purchasing stolen goods. - FY2017RestatedAnnual report
「Going forward, we will continue to strictly manage our antiques ledgers in accordance with the Antiques Business Act. For purchases, we will seek to prevent the purchase of stolen goods by obtaining and copying corporate registry certificates and other documents when the seller is a corporation, and identification documents and other materials when the seller is an individual.」
It continues to describe the control measures for compliance with the Antiques Business Act and the prevention of purchases of stolen goods. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no material changes in the matters described in the quarterly securities report concerning the status of the business, financial position, or other matters that could materially affect investors’ decisions, nor in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding compliance with the Antiques Business Act and the risk of purchasing stolen goods. - FY2017-Q1RestatedAnnual report
「There were no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It collectively states that there have been no material changes regarding compliance with the Antiques Business Act and the risk of purchasing stolen goods. - FY2016First statedAnnual report
「These transactions are subject to regulation under the Antiques Business Act, and a permit must be obtained from the prefectural public safety commission with jurisdiction over the location of the head office and other premises. If stolen goods are not identified and their purchase requires restitution to the victim without charge, a loss equivalent to the purchase price may arise.」
It identifies compliance with licensing and other requirements for transactions in used interior fixtures, as well as the risk of restitution without charge and losses when stolen goods are purchased.