Legal, Regulatory and Licensing Risks Relating to Financial Services
First written in FY2020. 9 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Expanded registration coverage for financial servicesAnnual report
「The Company is registered with the Kanto Local Finance Bureau as an electronic payment agency and financial services intermediary (registration numbers: Kanto Local Finance Bureau Director (Dai-Dai) No. 1 and Kanto Local Finance Bureau Director (Kin-Sa) No. 17) (the “Registrations”) and provides services. In addition, the Company's subsidiary, フリー創業融資サポート株式会社, is registered with the Tokyo Metropolitan Government as a money lender (registration number: Tokyo Metropolitan Governor (1) No. 32015).」
In addition to its previous registration as an electronic payment agency, the Company is registered as a financial services intermediary and also discloses its subsidiary's registration as a money lender. The scope of financial services subject to laws, regulations and licensing requirements has expanded. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2024RestatedAnnual report
「As of the date of filing this document, no factors have arisen that would impede the continuation of these registrations.」
While maintaining its registration as an electronic payment agency, the Group continues to identify the possibility that its business may be restricted by violations of laws and regulations or tighter regulations. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2023-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Group states that there has been no new occurrence or material change in the risk relating to financial services laws, regulations and licenses. - FY2021RestatedAnnual report
「As of the date of filing this document, no factors have arisen that would impede the continuation of these registrations.」
While disclosing its registration status for electronic payment agency services and money lending, the Group continues to identify the possibility that business operations may be restricted by registration revocation or tighter regulations. - FY2020First statedAnnual report
「If new legislation governing related businesses is enacted in the future, some of the financial services and other operations currently provided or newly undertaken by the Group may become subject to restrictions, which may affect the Group's business and performance.」
The Group states that its operations are premised on registration for electronic payment agency services and money lending, and that business restrictions may result from legislation in the financial sector or administrative sanctions.