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TESS Holdings (5074) · RiskRestated

Regulatory Change Risk under the Construction Business Act, Electricity Business Act, FIT Act, and Other Regulations

First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.

2entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY20232021: 120212022: 020222023: 12023
Same theme, other companies
Complex regulation across real estate, construction, renewable energy and other businesses, and rising business costsA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「The group's businesses are subject to legal regulations including the Construction Business Act, the Electricity Business Act and the Act on Special Measures Concerning the Promotion of Utilization of Electricity from Renewable Energy Sources. If amendments, revisions or abolitions of relevant laws and regulations, or the unexpected enactment of new laws and regulations, impose restrictions on the group's businesses or strengthen existing restrictions,」

    The company continues to disclose the risk of restrictions arising from the revision, abolition or introduction of laws and regulations relating to its main businesses, as well as its system for monitoring regulatory developments.
  2. FY2021First statedAnnual report

    「The group's businesses are subject to legal regulations including the Construction Business Act, the Electricity Business Act and the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Operators of Electric Utilities (the FIT Act). If amendments, revisions or abolitions of relevant laws and regulations, or the unexpected enactment of new laws and regulations, impose restrictions on the group's businesses or strengthen existing restrictions,」

    The company's main businesses depend on multiple legal regulations, with restrictions arising from regulatory amendments or new regulations identified as a risk.
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Regulatory Change Risk under the Construction Business Act, Electricity Business Act, FIT Act, and Other Regulations | TESS Holdings Co.,Ltd. (5074) | Komori