Violations of or Changes to Applicable Laws and Regulations
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2026.
Pr Times moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
9 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The press release distribution business is subject to regulations under the Act on Measures to Prevent Infringement of Rights and Other Harm Caused by the Distribution of Information via Specified Telecommunications, the Act against Unjustifiable Premiums and Misleading Representations, the Pharmaceuticals and Medical Devices Act and other relevant laws and regulations.」
The description of regulatory risks was updated from the Provider Liability Limitation Act, the Subcontract Act and other laws to wording that includes the Act on Measures to Prevent Infringement of Rights and Other Harm Caused by the Distribution of Information via Specified Telecommunications and the Pharmaceuticals and Medical Devices Act. - FY2025RestatedAnnual report
「The Group works to ensure operations comply with applicable laws and regulations by conducting internal checks and employee training and having attorneys conduct checks. However, if these laws and regulations are amended, or if an operational deficiency or other issue causes the Company's business to violate applicable laws and regulations, this could affect the Group's results and business development.」
It reiterated the risks of changes to relevant laws and regulations and legal violations, together with internal checks, training and confirmation by attorneys. - FY2022RestatedAnnual report
「The Group works to ensure operations comply with applicable laws and regulations by conducting internal checks and employee training and having its retained attorney conduct checks. However, if these laws and regulations are amended, or if an operational deficiency or other issue causes the Company's business to violate applicable laws and regulations, this could affect the Group's results and business development.」
It reiterated the risks of changes to relevant laws and regulations and legal violations, together with internal checks, training and measures involving the retained attorney. - FY2019RestatedAnnual report
「The Group works to ensure operations comply with applicable laws and regulations by conducting internal checks and employee training and having its retained attorney conduct checks. However, if these laws and regulations are amended, or if an operational deficiency or other issue causes the Company's business to violate applicable laws and regulations, this could affect the Group's results and business development.」
It reiterated the risks of regulatory changes and legal violations, together with internal checks, training and checks by the retained attorney. - FY2018MitigatedAnnual report
「The Group works to ensure operations comply with applicable laws and regulations by conducting internal checks and employee training and having its retained attorney conduct checks. However, if these laws and regulations are amended, or if an operational deficiency or other issue causes the Company's business to violate applicable laws and regulations, this could affect the Group's results and business development.」
Specific measures were stated in response to the risks of regulatory changes and legal violations, including internal checks, training and checks by the retained attorney. - FY2017First statedAnnual report
「The press release distribution business is subject to regulations under the Provider Liability Limitation Act, the Act against Unjustifiable Premiums and Misleading Representations, the Subcontract Act and other relevant laws and regulations. If these laws and regulations are amended, or if an operational deficiency or other issue causes the Company's business to violate applicable laws and regulations, this could affect the Group's results and business development.」
It described the potential impact of changes to regulations under the Provider Liability Limitation Act, the Act against Misleading Representations, the Subcontract Act and other laws, or of operational deficiencies.