Business Impact of Changes in the Internet Usage Environment and Regulations
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 2 of 16 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
There have been no material changes to the risk of a business impact from changes in the Internet environment and regulations. - FY2024First statedAnnual report
「Because the company's principal business is related to EdTech, it believes that further development of the Internet environment and expansion of Internet use are necessary for the continued growth and development of its business. However, if the expansion of Internet use changes significantly due to the introduction of new regulations governing Internet use, technological innovation or other unforeseen factors, this could affect the company's business and performance.」
The company first disclosed its dependence on the development of the Internet environment and expansion of Internet use, and changes in that expansion due to new regulations, technological innovation or unforeseen factors, as a separate business risk.