Risk of Tighter Regulations on the Use of Location Data
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if the Personal Information Protection Commission, the Japan Fair Trade Commission or other regulatory authorities impose restrictions on advertising using location data or on the analysis of location data, the Group's revenue opportunities may be constrained, potentially affecting its business results.」
Although no specific disclosure was included in the interim report, the annual report re-discloses the risk of regulations governing the use of location data. - FY2026-H1DroppedAnnual report
「Not applicable.」
The “Business and Other Risks” section of the interim report states that there are no applicable matters, and does not separately mention the risk of tighter regulation governing the use of location data. This does not establish that the risk itself has disappeared. - FY2025RestatedAnnual report
「However, if the Personal Information Protection Commission, the Japan Fair Trade Commission or other regulatory authorities impose restrictions on the use of location data for advertising or on the analysis of location data, the company's revenue opportunities may be constrained, potentially affecting its business performance.」
Although the interim report did not contain a separate disclosure, the annual report again discloses the risk of regulation governing the use of location data. It also describes advocacy through LBMA Japan. - FY2025-H1DroppedAnnual report
「Not applicable.」
The “Business and Other Risks” section of the interim report does not separately mention the risk of tighter regulation governing the use of location data. This does not establish that the risk itself has disappeared. - FY2024RestatedAnnual report
「However, if the Personal Information Protection Commission, the Japan Fair Trade Commission or other regulatory authorities impose restrictions on the use of location data for advertising or on the analysis of location data, the company's revenue opportunities may be constrained, potentially affecting its business performance.」
The company has again disclosed, as an annual risk, the risk of tighter regulation governing the advertising and analytical uses of location data. It also describes monitoring regulatory developments and advocating through LBMA Japan. - FY2024-Q1DroppedAnnual report
「Not applicable.」
The “Business and Other Risks” section of the quarterly report states that there are no applicable matters, and does not separately mention the risk of tighter regulation governing the use of location data. This does not establish that the risk itself has disappeared. - FY2023RestatedAnnual report
「However, if the Personal Information Protection Commission, the Japan Fair Trade Commission or other regulatory authorities impose restrictions on the use of location data for advertising or on the analysis of location data, the company's revenue opportunities may be constrained, potentially affecting its business performance.」
The company continues to disclose the risk of tighter regulation governing the advertising and analytical uses of location data. It also describes its participation in LBMA Japan and efforts to comply with its guidelines. - FY2022First statedAnnual report
「However, if the Personal Information Protection Commission, the Japan Fair Trade Commission or other regulatory authorities impose restrictions on the use of location data for advertising or on the analysis of location data, the company's revenue opportunities may be constrained, potentially affecting its business performance.」
The company discloses the risk that regulatory restrictions on advertising and analytical uses could constrain revenue opportunities.