Enactment of New Laws and Changes in the Interpretation of Existing Laws and Regulations
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 6 of 18 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If new laws or regulations are enacted or the interpretation of existing laws or regulations is changed in the future, the Group's business may be restricted or new measures may become necessary, depending on the details. In such a case, this could affect the Group's financial condition and operating results.」
The disclosure continued to address the risk of restrictions on the business resulting from new laws and regulations or changes in their interpretation, together with the compliance system, employee training and information exchange with retained legal counsel. - FY2022RestatedAnnual report
「In response to these regulations, the Company is taking measures such as establishing and strengthening its compliance system, educating employees and regularly exchanging information with its retained legal counsel. However, if new laws or regulations are enacted or the interpretation of existing laws or regulations is changed in the future, the Company's business may be restricted or new measures may become necessary, depending on the details. In such a case, this could affect the Company's financial condition and operating results.」
The disclosure continued to address measures involving the compliance system, employee training and information exchange with retained legal counsel, as well as the risk of changes in laws and regulations. - FY2021RestatedAnnual report
「In response to these regulations, the Company is taking measures such as establishing and strengthening its compliance system, educating employees and regularly exchanging information with its retained legal counsel. However, if new laws or regulations are enacted or the interpretation of existing laws or regulations is changed in the future, the Company's business may be restricted or new measures may become necessary, depending on the details.」
The disclosure continued to address measures involving the compliance system, employee training and information exchange with retained legal counsel. - FY2020MitigatedAnnual report
「In response to these regulations, the Company is taking measures such as establishing and strengthening its compliance system, educating employees and regularly exchanging information with its retained legal counsel.」
The disclosure specified a compliance system, employee training and information exchange with retained legal counsel as measures to address the risk of new legislation and changes in legal interpretation. - FY2019First statedAnnual report
「If new laws or regulations are enacted or the interpretation of existing laws or regulations is changed in the future, the Company's business may be restricted or new measures may become necessary, depending on the details.」
The disclosure addressed restrictions on the business resulting from the introduction of new regulations governing internet services or changes in their interpretation.