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Hokuetsu (3865) · RiskWorsened

Risk of Regulatory Violations and Litigation

First written in FY2017. 1 of 3 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2022.

3entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY20172017: 120172018: 020182019: 020192020: 020202021: 020212022: 22022
Same theme, other companies
Risk of Administrative Sanctions for Violations of Laws, Permits and RegulationsA theme 43 companies write about · 43 as a headwind · 0 as a tailwind

Hokuetsu moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).

The whole theme swung hardest in 2026: 4 of 13 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 43 companies compared. The sentences above are computed from all 43.
Full recordFilings, disclosures and news, newest first
  1. FY2022WorsenedAnnual report

    「Hokuetsu Package Co., Ltd., a consolidated subsidiary of the Company, received an order to pay a surcharge under the Antimonopoly Act. Accordingly, the Company recognized ¥360 million, comprising the ¥180 million surcharge and estimated payments of contractual penalties and other amounts that may arise in the future in connection with the matter.」

    The matter progressed from the notice of an opportunity to submit views in the previous year to receipt of the order to pay the surcharge, and ¥360 million in related losses was recognized.
  2. FY2022-Q3MaterialisedAnnual report

    「Hokuetsu Package Co., Ltd., a consolidated subsidiary of the Company, received a notice of an opportunity to submit its views concerning a draft order to pay a surcharge under the Antimonopoly Act. Accordingly, the Company recognized ¥360 million, comprising a ¥180 million surcharge and estimated amounts of other related losses.」

    Regarding regulatory and litigation risk, Hokuetsu Package received a notice of an opportunity to submit its views under the Antimonopoly Act, and recognized ¥360 million in provision expense for losses including the surcharge.
  3. FY2017First statedAnnual report

    「The Group’s businesses are subject to various legal and regulatory requirements. We place importance on compliance in conducting our businesses and are committed to observing all applicable laws and regulations. However, we cannot rule out the possibility of exposure to risks such as litigation.」

    While emphasizing compliance, the company identifies the potential impact of regulations and litigation on results and financial position as a risk.
Moved together

"Downside Risks in Overseas Economies and Uncertainty from the UK’s Withdrawal from the EU" moved the same way as this thread, in the same document, in 2 of its 3 moves.

2★1
  1. ★This thread
  2. 1Downside Risks in Overseas Economies and Uncertainty from the UK’s Withdrawal from the EU2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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Risk of Regulatory Violations and Litigation | Hokuetsu Corporation (3865) | Komori