Regulatory Changes Concerning Amusement Facilities, Karaoke, and Advertising and Promotion
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 3 of 11 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The amusement facilities (game arcades) operated by our company are classified as “Category 5 amusement businesses” under the Act on Control and Improvement of Amusement Business, and are subject to restrictions concerning the location of new facilities, operating hours and the age of visitors during particular time periods. In the karaoke and other businesses, we serve alcoholic beverages, food and beverages and are therefore subject to the Food Sanitation Act and various laws and regulations concerning the provision of alcoholic beverages.」
The risks associated with amusement businesses, food sanitation, the provision of alcoholic beverages, advertising and sales promotions, and country-specific laws and regulations were retained. - FY2019Added country-specific legal regulations.Annual report
「In addition, each country has its own legal regulations.」
In addition to domestic regulations governing amusement businesses, food sanitation, and advertising and sales promotions, country-specific legal regulations overseas were explicitly identified as risks. - FY2018RestatedAnnual report
「The amusement facilities (game arcades) operated by our group are subject to regulation under the “Category 5 amusement business permit,” and are subject to restrictions concerning the location of new facilities, operating hours and the age of visitors during particular time periods. In the karaoke and other businesses, we serve food and beverages and are therefore subject to the Food Sanitation Act.」
The risks associated with regulatory changes concerning amusement businesses, the Food Sanitation Act, and advertising and sales promotions were retained. - FY2017Added the Food Sanitation ActAnnual report
「In the karaoke and other businesses, we serve food and beverages and are therefore subject to the Food Sanitation Act. In addition, we conduct advertising and sales promotions using the internet and apps, which are subject to regulations including the Act on Specified Commercial Transactions and the Act against Unjustifiable Premiums and Misleading Representations.」
In addition to the existing regulations governing amusement businesses and advertising and sales promotions, the Food Sanitation Act governing food and beverage services, including karaoke, was explicitly stated. - FY2016First statedAnnual report
「The amusement facilities (game areas) operated by the Group are subject to the regulations governing “No. 5 permits for adult entertainment businesses,” and are subject to restrictions on their locations, operating hours and the ages of visitors permitted to enter during particular time periods. In addition, the Group conducts advertising and sales promotion using the internet and applications, which are subject to regulations including the Specified Commercial Transactions Act and the Act against Unjustifiable Premiums and Misleading Representations. Changes to these legal regulations may affect the Group's business development and performance.」
Regulations relating to both facility operations and digital sales promotion were listed.