Regulatory changes relating to the minimum wage, worker dispatching legislation, social insurance and other matters
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If changes in the relevant laws or their interpretation expand the scope of mandatory social insurance coverage and require testers who are currently not required to enroll to join, this may affect the Group’s business and performance.」
The Company reconfirmed the risk of expanded social insurance coverage for its large number of temporary-employee testers. - FY2019RestatedAnnual report
「The Group employs a large number of testers as temporary employees, and testers who meet certain conditions are enrolled in social insurance. However, if changes in the relevant laws or their interpretation expand the scope of mandatory social insurance coverage and require testers who are currently not required to enroll to join, this may affect the Group’s business and performance.」
The Company reconfirmed the risk that an expansion of social insurance coverage for testers could affect performance. - FY2017RestatedAnnual report
「Some of the testers employed by the Group as temporary employees are enrolled in social insurance if they meet certain conditions. However, if changes in the relevant laws or their interpretation expand the scope of mandatory social insurance coverage and require testers who are currently not required to enroll to join, this may affect the Group’s performance.」
The Company continues to disclose the risk of regulatory changes concerning testers and contractors, including the minimum wage, worker dispatching, social insurance and the Subcontract Act. - FY2016First statedAnnual report
「From 1 October 2016, the scope of mandatory social insurance coverage was expanded under the Act Partially Amending the National Pension Act and Other Acts to Strengthen the Financial Foundation and Minimum Guarantee Functions of the Public Pension System. As a result, testers who are currently not required to enroll will also be required to join, which may affect the Group’s performance.」
Changes in laws and regulations concerning testers’ wages, worker dispatching and social insurance are identified as factors that may affect costs and performance.