Future enactment of legal regulations and regulatory violations
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 6 of 34 companies on the "Worse" side.
75 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As of the date of filing this document, the Group understands that there are no laws or regulations that would have a material direct impact on the continuation of its businesses. However, if laws or other regulations governing the Group's businesses are enacted in the future and a situation arises in which the Group violates them, the Group's social credibility may decline, affecting its business activities and operating results.」
The company continues to state that there are currently no regulations with a material impact, while identifying the risks of future regulations being enacted and of regulatory violations. - FY2023RestatedAnnual report
「As of the date of filing this document, the Group understands that there are no laws or regulations that would have a material direct impact on the continuation of its businesses. However, if laws or other regulations governing the Group's businesses are enacted in the future and a situation arises in which the Group violates them, the Group's social credibility may decline, affecting its business activities and operating results.」
While stating that there are currently no regulations with a material impact, the company continues to identify the risks of future regulations being enacted and of regulatory violations. - FY2022First statedAnnual report
「However, if laws or other regulations governing the Group's businesses are enacted in the future and a situation arises in which the Group violates them, the Group's social credibility may decline, affecting its business activities and operating results.」
The company discloses the possibility of future regulations being enacted and of regulatory violations.