Business constraints resulting from violations of or changes to laws and regulatory approvals in Japan and overseas
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2024: 4 of 19 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「In addition, if laws and regulations applicable to the Group are newly enacted or amended in the future, or if judicial or administrative interpretations change, the Group may be required to develop systems and controls accordingly, which could affect operating performance.」
The Company continues to describe the risk that violations of laws or permit requirements, future legal amendments or changes in interpretation may require the development of systems and controls. - FY2017First statedAnnual report
「If the Group violates these laws and regulations or loses the permits and licenses required for its businesses, it may no longer be able to operate the affected businesses. In addition, if laws and regulations applicable to the Group are newly enacted or amended in the future, or if judicial or administrative interpretations change, the Group may be required to develop systems and controls accordingly, which could affect operating performance.」
The Company describes the risks of violations, loss of permits and licenses, and responses to legal amendments associated with a business structure that requires compliance with the laws and permits of each country and region.