Risk of higher costs due to changes in laws and regulations and tighter environmental regulations

「To ensure business continuity, the Group is strengthening its systems and audit functions to address the many applicable legal requirements, and therefore recognizes that the likelihood of risks arising from its legal compliance framework is not high. For risks arising from external factors such as changes in legal requirements, the Group's policy is to monitor developments including revisions to relevant laws and regulations, identify the risk of occurrence at an early stage and strengthen its systems accordingly.」

「If these legal requirements are changed or administrative guidance is issued for any reason in the future, or if compliance costs increase due to tighter greenhouse-gas regulations in Japan and overseas, the Group's operating results and other matters may be affected.」

「If compliance costs for customers increase in the future due to tighter regulations on greenhouse gases in Japan or overseas, the Group's operating results and other matters may be affected.」

「The Group's business activities are subject to various laws and regulations, including the High Pressure Gas Safety Act. If these legal requirements are changed or administrative guidance is issued in the future, the Group's operating results and other matters may be affected by higher compliance costs.」

「If laws or regulations are changed, new laws are enacted or administrative guidance is issued, the Group's operating results and other matters may be affected. In addition, if environmental laws and regulations are revised and tightened, the Group's operating results and other matters may be affected by higher compliance costs.」