Legal, Human Resources and Litigation Risks Associated with Opening Stores in the United States
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「To secure medium- to long-term growth, the Group is opening stores in the United States and China. Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs.」
Risks associated with overseas store openings, including laws, customs, litigation and securing personnel, continued to be described for the United States and China. - FY2022SoftenedAnnual report
「To secure medium- to long-term growth, the Group is opening stores in the United States and the People's Republic of China. Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs.」
The countries covered by overseas store-opening risks changed from the United States, Russia and China in the previous period to the United States and China. - FY2021Expanded the countries covered by overseas store-opening risksAnnual report
「To secure medium- to long-term growth, the Group is opening stores in the United States, the Russian Federation and the People's Republic of China. Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs.」
The scope of country-specific overseas risks, including laws, customs, litigation and securing personnel, was expanded from the United States to include the Russian Federation and China. - FY2018RestatedAnnual report
「Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs.」
Risks associated with opening stores in the United States, including country-specific laws and customs, litigation, reviewing the laws and regulations of store locations, and securing personnel, were restated. - FY2017RestatedAnnual report
「Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs.」
Country-specific overseas risks associated with opening stores in the United States, including laws and customs, litigation and securing personnel, were restated. - FY2016First statedAnnual report
「Business activities in different countries carry the risk of unforeseen events, including litigation, because know-how developed in Japan may not be applicable due to differences in laws and customs. In addition, with respect to store openings, if reviewing the laws and regulations of the location, including state laws, takes time or the necessary personnel cannot be secured, the new store opening plan may be affected, which may affect the Group's future operating results.」
Country-specific overseas risks, including laws and customs, litigation, store-opening permits and licenses, and securing personnel, were identified.