Enactment, Amendment or Change in Interpretation of Laws and Regulations in Each Country
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2025: 9 of 23 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2022-Q1RestatedAnnual report
「The Group's business is subject to various legal and regulatory requirements in the relevant countries. Accordingly, if laws, regulations or other legal requirements related to the Group's business are enacted, amended or reinterpreted, the Group's current or future business activities could be significantly constrained or costs could increase.」
The risks of business constraints and higher costs resulting from the enactment, amendment or reinterpretation of laws and regulations in each country continue. - FY2021ReframedAnnual report
「If directors or employees of the Group engage in misconduct or violate compliance requirements, the Group's social credibility could decline, customers could suspend transactions, and the Group could face substantial administrative penalties or claims for damages, significantly affecting its financial position and business performance.」
In addition to the risk of business constraints resulting from the enactment or amendment of laws and regulations, the impact of misconduct or compliance violations by directors and employees was explicitly included in the same item. - FY2018RestatedAnnual report
「If laws, regulations or other legal requirements related to the Group's business are enacted, amended or reinterpreted, the Group's current or future business activities could be significantly constrained or costs could increase.」
The risks of business constraints and higher costs resulting from the enactment, amendment or reinterpretation of laws and regulations in each country continue. - FY2017First statedAnnual report
「If laws, regulations or other legal requirements related to the Group's business are enacted, amended or reinterpreted, the Group's current or future business activities could be significantly constrained or costs could increase.」
The Group disclosed the risk that changes in laws and regulations in each country could constrain business activities or increase costs.