Legal and Regulatory Compliance Risks Associated with Diversification
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2025: 6 of 34 companies on the "Worse" side.
75 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The group has registered 株式会社ネクシィーズ・ゼロ as a retail electricity provider. Through “ネクシィーズ電力,” it receives recurring monthly electricity bill revenue from client companies, and this revenue increases as the number of client companies grows. The group conducts its business in compliance with the Electricity Business Act as a retail electricity provider. However, if it were to violate a law or regulation and receive a sanction such as the revocation of its license, this could damage the group’s brand image and affect its business and performance.」
The group continues to disclose legal and regulatory compliance risks relating to telemarketing, campaigns, personal information, intellectual property, electricity retailing and other activities. - FY2018RestatedAnnual report
「The group has registered 株式会社ネクシィーズ・ゼロ as a retail electricity provider and has newly begun retailing electricity.” Regulations relating to “ネクシィーズ電力”」
The group continues to disclose legal and regulatory compliance risks relating to telemarketing, campaigns, personal information, ISPs, electricity retailing, online games and other activities. - FY2017RestatedAnnual report
「The group has registered 株式会社ネクシィーズ・ゼロ as a retail electricity provider and has newly begun retailing electricity.” Regulations relating to “ネクシィーズ電力”」
In addition to the legal compliance risks associated with conventional diversification, the disclosure details specific regulations covering electricity retailing, financial instrument intermediary services and online games. - FY2016First statedAnnual report
「However, if, in the event of an unforeseen circumstance, the group were to violate any applicable law or regulation, this could damage its brand image and affect its operating results and financial position.」
The disclosure describes the risk of violating applicable laws and regulations associated with diversification, including new businesses such as online games.