Food Hygiene, Labeling and Other Laws and Regulations, and Serious Compliance Issues
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If a serious compliance issue occurs or new costs are incurred to comply with amendments to legal regulations, the Company's revenue and operating profit may decline.」
The impact on performance of laws and regulations, including the Food Sanitation Act, Food Labeling Act and labor-related laws, and of serious compliance issues continues to be identified as a risk. - FY2020RestatedAnnual report
「If a serious compliance issue occurs or new costs are incurred to comply with amendments to legal regulations, the Company's revenue and operating profit may decline.」
Compliance with the Food Sanitation Act, Food Labeling Act and labor-related laws, as well as the impact on performance of serious compliance issues, continues to be identified as a risk. - FY2019RestatedAnnual report
「The company's performance may be affected if a material compliance issue occurs or if new costs are incurred to comply with amendments to legal and regulatory requirements.」
Compliance with the Food Sanitation Act, Food Labeling Act and labor-related laws, as well as the impact on performance of serious compliance issues, continues to be identified as a risk. - FY2019-Q3RestatedAnnual report
「The discontinuation of the cup noodle manufacturing and sales business in the previous fiscal year, as well as the shipment suspension resulting from the recall of “Hot Bean Sprout Sauce” (a bottled mixed seasoning) during the current fiscal year, contributed to the decline in revenue.」
The document reiterates that recalls and shipment suspensions of food-related products contributed to the decline in revenue from the domestic product sales business. - FY2019-Q2MaterialisedAnnual report
「The discontinuation of the cup-noodle manufacturing and sales business in the previous fiscal year and the suspension of shipments following the voluntary recall of "Hot Bean Sprout Sauce" (a bottled mixed seasoning) contributed to the decline in net sales.」
The actual occurrence of product recalls and shipment suspensions for food-related products became a factor in the decline in revenue from the domestic product sales business. - FY2017First statedAnnual report
「The company's performance may be affected if a material compliance issue occurs or if new costs are incurred to comply with amendments to legal and regulatory requirements.」
The company identifies compliance with a wide range of regulations, including the Food Sanitation Act, Food Labeling Act and labour-related laws, as well as the impact on performance of violations and accidents, as risks.