Risk to the door-to-door sales framework from amendments to the Act on Specified Commercial Transactions and related laws
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 8 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the Act on Specified Commercial Transactions is amended, this could affect the maintenance of the Company's sales system.」
The Company continues to address the risk of amendments to the Act on Specified Commercial Transactions concerning door-to-door sales, along with its legal department's policy of gathering information and responding accordingly. - FY2024RestatedAnnual report
「The Company primarily uses a door-to-door sales model, which is subject to regulation under the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, this could affect the maintenance of the Company's sales system.」
The Company continues to disclose the risk of amendments to the Act on Specified Commercial Transactions concerning its door-to-door sales system, as well as information-gathering and response measures by its legal department. - FY2021RestatedAnnual report
「The Company primarily uses a door-to-door sales model, which is subject to regulation under the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, this could affect the maintenance of the Company's sales system.」
The Company continues to disclose the risk of amendments to the Act on Specified Commercial Transactions and related laws affecting door-to-door sales. - FY2018First statedAnnual report
「The Company primarily uses a door-to-door sales model, which is subject to regulation under the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, this could affect the maintenance of the Company's sales system.」
The Company newly identifies the risk of amendments to the Act on Specified Commercial Transactions directly affecting door-to-door sales.