Business constraints arising from the enactment and amendment of laws and regulations
First written in FY2022. 2 of 4 entries say "Worsened", first in FY2024. Latest entry: FY2026.
Institution for a Global Society moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
39 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Laws and regulations in each country remain under development, and changes to or the introduction of regulations, as well as changes in the geopolitical environment, may affect the company's provision of services.」
The general risk of changes in laws and regulations has been specified as regulatory and geopolitical risks in each country associated with the overseas expansion of Signals and new global businesses. - FY2024WorsenedAnnual report
「In its platform/Web3 business, the company provides employment and career-change support as a licensed fee-charging employment placement operator authorized by the Minister of Health, Labour and Welfare. If this license is revoked or an order is issued to suspend operations for any reason in the future, the company may find it difficult to conduct its employment placement business.」
In addition to the general risk of changes in laws and regulations, the specific business constraint risks of revocation of the fee-charging employment placement license and suspension of operations are described. - FY2023RestatedAnnual report
「If the enactment or amendment of laws or regulations in the future requires the company to take action or imposes constraints on part of its operations, this may affect its business and results of operations.」
The risk of business constraints resulting from general enactments or amendments of laws and regulations continues to be described. - FY2022First statedAnnual report
「If the enactment or amendment of laws or regulations in the future requires the company to take action or imposes constraints on part of its operations, this may affect its business and results of operations.」
Although the company states that there are currently no specific material regulations, the risk of future changes to laws and regulations is described.