Risks associated with compliance with financial laws and regulations, including registration as an electronic payment service provider
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To operate an electronic payment agency business, we are registered as an electronic payment agency operator under the Banking Act and other laws (Kanto Local Finance Bureau Director (Daiyo) No. 3) and are subject to the Banking Act and other applicable laws.」
The company maintains its registration as an electronic payment agency operator and continues to disclose its status of compliance with financial regulations. - FY2024-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no material changes in the risk related to compliance with financial regulations, including registration as an electronic payment agency operator. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no material changes in the risk related to compliance with financial regulations. - FY2022MitigatedAnnual report
「To operate an electronic payment agency business, we are registered as an electronic payment agency operator under the Banking Act and other laws (Kanto Local Finance Bureau Director (Daiyo) No. 3) and are subject to the Banking Act and other applicable laws.」
Regarding the previous risk concerning whether registration could be obtained, it was stated that registration as an electronic payment agency operator had been obtained and that, as of the date of submission of this document, there were no events constituting grounds for cancellation. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no material changes in the risk related to compliance with financial regulations, including registration as an electronic payment agency operator. - FY2017WorsenedAnnual report
「Under the amended Banking Act enacted in May 2017, a system is scheduled to commence around 2018 under which businesses using banks' APIs must register with the Financial Services Agency as electronic payment agency operators and enter into API-related agreements with banks to receive API services.」
Registration as an electronic payment agency operator and API agreements with banks were scheduled to begin around 2018 following enactment of the amended Banking Act, making the regulatory compliance risk more concrete and imminent. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk related to compliance with financial regulations. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the risk related to compliance with financial regulations. - FY2016First statedAnnual report
「If we are unable to obtain registration, it may become difficult to operate the PFM services and MF Cloud services, potentially affecting our group's business and performance.」
In light of recommendations to introduce a registration system for businesses using bank APIs, the company identifies the possibility of obtaining registration as a risk.