Value Golf (3931) · RiskFirst stated

Risks of Legal and Regulatory Violations and Regulatory Changes Relating to the Travel Business

First written in FY2019-Q3. . Latest entry: FY2019-Q3.

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Risk of Travel Business Registration Renewal and CancellationA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first

FY2019-Q3First statedAnnual report
「The travel business operated by the Group is subject to legal regulations, including the Travel Agency Act, the Act against Unjustifiable Premiums and Misleading Representations, and the Consumer Contract Act. The Group has established a compliance framework through measures including the development of internal control systems. However, if any violation of these laws were to occur, or if laws and regulations relating to the Group's business were amended, abolished or newly enacted, this could affect the Group's business and performance.」
Following the launch of the travel business, the company newly disclosed the risk that violations of the Travel Agency Act and other laws, as well as the amendment, abolition or enactment of related regulations, could affect its business and performance.

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