Regulatory change risk relating to financial services
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2025Added anti-money-laundering complianceAnnual report
「If our group fails to comply with laws and regulations concerning money laundering, it could be subject to administrative sanctions, such as surcharge orders and business improvement orders.」
For regulatory risks in the financial services business, the company specified administrative sanctions and reputational risk arising from noncompliance with anti-money-laundering regulations, in addition to the existing risks under the Money Lending Business Act, the Payment Services Act, and other laws. - FY2019RestatedAnnual report
「In the payment processing business, the Act Partially Amending the Installment Sales Act, or the Amended Installment Sales Act, took effect on 1 June 2018. The resulting strengthening of merchant management and other measures could affect our group’s performance, and further amendments to the act in the future could also affect performance depending on their content.」
The company continues to identify the potential impact of strengthened merchant management under the Amended Installment Sales Act and the risk of amendments to laws governing financial services. - FY2018RestatedAnnual report
「In the payment processing business, the Act Partially Amending the Installment Sales Act, or the Amended Installment Sales Act, took effect on 1 June 2018. The resulting strengthening of merchant management and other measures could affect our group’s performance, and further amendments to the act in the future could also affect performance depending on their content.」
In addition to regulatory risks affecting financial services, the company specifically describes the potential impact of the Amended Installment Sales Act and strengthened merchant management. - FY2016First statedAnnual report
「In our financial services businesses, we provide an Early Payment Service that helps merchants improve cash flow, transaction lending that provides growth capital, and the GMO-PG Remittance Service. Changes in business regulations resulting from amendments to laws governing these services, including the Money Lending Business Act, the Investment Law, and the Payment Services Act, could affect our group’s performance.」
The company identifies changes in business regulations resulting from amendments to the Money Lending Business Act, the Investment Law, the Payment Services Act, and other laws as a risk.