Risk of tighter regulation of internet- and accommodation-related laws
First written in FY2022. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2025: 6 of 29 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We expect the possibility of this risk materializing to be low. The group seeks to mitigate the risk by collecting information on legislative trends and responding promptly.」
The legal-regulatory risks relating to the internet, accommodation, personal information and payments, and mitigation through information gathering and timely response, remain in place. - FY2024MitigatedAnnual report
「We expect the possibility of this risk materializing to be low. The group seeks to mitigate the risk by collecting information on legislative trends as appropriate and responding promptly.」
The company assesses the likelihood of legal-regulatory risk as low and continues to monitor legislative changes and respond promptly. - FY2022First statedAnnual report
「If amendments to these laws and regulations or the enactment of new laws and regulations result in tighter regulation, our business expansion may be constrained, which could affect our business and results.」
The company monitors and responds promptly to legislative changes, including the Travel Agency Act, Hotel Business Act and Private Lodging Business Act.