Risks associated with changes to, or non-compliance with, laws and regulations related to the business
First written in FY2016. 3 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To diversify the risk of violating regulations governing licensed businesses, the company fully transitioned to a holding company structure in October 2025 and obtained the necessary licenses and approvals for each operating company, thereby limiting the impact on other businesses.」
The company states that, as a response to regulatory risks concerning licensed businesses, it has completed the full transition to a holding company structure and obtained licenses and approvals separately for each operating company. - FY2026-H1MaterialisedAnnual report
「As part of the move toward separating the businesses into individual companies, restrictions on deliveries to multiple plants and other operations were imposed to allow licenses and approvals at the plastics plant to be reacquired, and inventory was adjusted. As a result, revenue fell 1.5% year on year.」
Although this did not constitute a regulatory violation itself, restrictions on deliveries to multiple plants and other operations arose during the process of reacquiring licenses and approvals associated with the corporate separation, contributing to lower revenue in the plastics business. - FY2024MitigatedAnnual report
「To diversify the risk of violating regulations governing licensed businesses, we plan to transition to a holding company structure in April 2025 and obtain the necessary licenses and approvals for each operating company, thereby limiting the impact on other businesses.」
To address the risk that a regulatory violation could spread to other businesses, the company identified the transition to a holding company structure and obtaining licenses and approvals separately for each operating company as countermeasures. - FY2020MitigatedAnnual report
「Accordingly, we provide thorough compliance training, regularly hold internal councils and disseminate relevant information to continue raising awareness. In particular, regarding the Specified Commercial Transactions Act, we regularly visit consumer affairs centers in each sales area to gather information on the latest consumer trends and apply it to our business activities.」
While continuing to disclose legal and regulatory risks, the company specified compliance training, regular internal councils, information dissemination and visits to consumer affairs centers as concrete measures. - FY2019RestatedAnnual report
「The Group conducts its businesses in accordance with regulations including the Construction Business Act, the Specified Commercial Transactions Act, the Waste Management and Public Cleansing Act and related regulations, and the Electricity Business Act, as well as various laws concerning labor, the environment and other related matters. Accordingly, any violation of these laws and regulations could affect the Group's business results and financial condition.」
The company reconfirms the risks associated with regulations concerning construction, specified commercial transactions, waste management, the electricity business, labor, the environment and other matters. - FY2017ReframedAnnual report
「The Group conducts its businesses in accordance with regulations including the Construction Business Act, the Specified Commercial Transactions Act, the Waste Management and Public Cleansing Act and the Electricity Business Act, and operates in compliance with various laws concerning labor, the environment and other matters related to the conduct of its businesses.」
In addition to the principal regulations previously identified, the company also explicitly refers to various laws concerning labor, the environment and other matters. - FY2016First statedAnnual report
「The Group's principal businesses are the sale and installation of solar power generation systems; maintenance and preservation of buildings, including homes, office buildings and condominiums; and power generation and electricity sales related to the recycling of industrial waste. These businesses are subject to legal regulations including the Construction Business Act, the Act on Special Measures Concerning the Procurement of Electricity from Renewable Energy Sources by Operators of Electric Utilities, the Specified Commercial Transactions Act, the Waste Management and Public Cleansing Act and related regulations, and the Electricity Business Act.」
The company lists regulations concerning construction, renewable energy, specified commercial transactions, waste management and the electricity business as major business risks.