Business Impact of Internet Adoption and Regulatory Changes
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 2 of 16 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the future penetration of the internet changes significantly because of the emergence of some adverse effect related to the internet, the introduction of new regulations concerning its use or other unforeseen factors, this may affect the group’s business development, business results and financial position.」
Continues to describe the risk of business impact from changes in internet penetration, adverse effects and new regulations. - FY2022First statedAnnual report
「If the spread of the internet changes significantly in the future due to the emergence of some adverse effect related to the internet, the introduction of new regulations governing its use, or other unforeseen factors, this may affect the Group’s business development, operating results and financial position.」
For the first time, explicitly identifies changes in internet-market penetration, adverse effects and new regulations as risks affecting business development, performance and financial position.