Regulatory Risk Related to the Consignment Sales System
First written in FY2017. 26 of 27 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2021: 2 of 12 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Accordingly, the Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2025-H1RestatedAnnual report
「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the regulatory risk associated with the consignment sales system. - FY2024RestatedAnnual report
「Accordingly, the Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
It is stated that there have been no material changes in the regulatory risks relating to the consignment sales system. - FY2023RestatedAnnual report
「Accordingly, the Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
It is stated that there have been no material changes in the regulatory risks relating to the consignment sales system. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the regulatory risks relating to the consignment sales system. - FY2022RestatedAnnual report
「Accordingly, the Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2022-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2021RestatedAnnual report
「Accordingly, the Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2020RestatedAnnual report
「The Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The risk of amendments to the Act on Specified Commercial Transactions affecting the consignment sales and face-to-face sales systems continues. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2018RestatedAnnual report
「The Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The possibility that the consignment sales and face-to-face sales systems may be affected by amendments to the Act on Specified Commercial Transactions continues to be stated. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are said to have occurred in the regulatory risks relating to the consignment sales system. - FY2017First statedAnnual report
「The Group’s sales system is subject to the Act on Specified Commercial Transactions. If the Act on Specified Commercial Transactions is amended, changes to sales methods and other measures may affect the Group’s business performance.」
The company indicates that consignment sales and face-to-face sales of counseling cosmetics may be affected by amendments to the Act on Specified Commercial Transactions.