Stricter advertising and labeling regulations and risk of violations
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 13 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Advertising and labeling for our products and services are subject to regulations including the Act against Unjustifiable Premiums and Misleading Representations, Copyright Act, Food Labeling Act, Health Promotion Act, Pharmaceuticals and Medical Devices Act and Food Sanitation Act. Appropriate advertising and labeling are required, including a prohibition on false or exaggerated representations and advertising.」
The Company continues to disclose advertising and labeling regulations, its compliance framework and employee training. - FY2025First statedAnnual report
「We do not currently recognize the likelihood or timing of this risk materializing. However, we are working to comply with laws and regulations and conduct our business appropriately by establishing systems to check applicable laws, developing our compliance framework, providing employee training and strengthening internal management, led by the President's Office, while using external specialists as necessary.」
The relevant laws include the Act against Unjustifiable Premiums and Misleading Representations, Copyright Act, Food Labeling Act, Health Promotion Act, Pharmaceuticals and Medical Devices Act and Food Sanitation Act.