Business Restrictions and License and Permit Risks Arising from Legal Violations and Amendments
First written in FY2017. 3 of 6 entries say "Mitigated", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「For this risk, under the leadership of the Compliance Committee, we continue to conduct compliance education, provide training on compliance with laws and regulations and social norms, establish and rigorously implement rules and business manuals, and work to build and maintain the systems necessary to ensure compliance with legal and other regulations.」
Measures addressing legal and licensing risks continue through the Compliance Committee, training, rules and business manuals, and the establishment of a compliance framework. - FY2023MitigatedAnnual report
「In addition to holding a compliance committee meeting once every 3 months, we provide education on legal compliance and compliance during training at the time of joining the Company and follow-up training after joining.」
Quarterly committee meetings and training at the time of joining and thereafter continue as measures addressing legal violation and licensing risks. - FY2020MitigatedAnnual report
「In addition to holding a compliance committee meeting once every 3 months, we provide education on legal compliance and compliance during training at the time of joining the Company and follow-up training after joining.」
Specific measures addressing legal violation and licensing risks are described, including quarterly committee meetings and training at the time of joining and thereafter. - FY2019RestatedAnnual report
「The Company has not experienced any circumstances, either in the past or at present, that would result in the revocation or non-renewal of licenses, registrations or other approvals.」
Although the risk of legal violations and revocation of licenses and approvals is disclosed, the Company explains that no grounds for revocation or non-renewal have arisen in the past or at present. - FY2018RestatedAnnual report
「The Company has not experienced any circumstances, either in the past or at present, that would result in the revocation or non-renewal of licenses, registrations or other approvals.」
Although the risk of legal violations and revocation of licenses and approvals continues to be disclosed, the filing company explains that no grounds for revocation or non-renewal have arisen in the past or at present. - FY2017First statedAnnual report
「If, despite the Company's intentions, a violation of these laws were to occur in the future and licenses, registrations or other approvals were revoked or an administrative penalty imposed, this could have a material impact on the Company's business activities and operating results.」
The disclosure identifies the revocation of licenses and approvals, administrative penalties and responses to legislative changes relating to the Real Estate Brokerage Act, the Act on Architects and Building Engineers, the Building Standards Act, the Construction Business Act and other laws as risks.