Business Impact from Tighter Regulations and Personal-Information Leakage
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
Excite Holdings moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the medical business, the Group operates an online medical consultation platform that refers patients to affiliated medical institutions and wholesales pharmaceuticals. These services must comply with the Medical Care Act, the Pharmaceuticals and Medical Devices Act, and related guidelines, requiring a high level of legal compliance in disclosures and operating systems.」
With the expansion of the medical business, the Company specifically discloses regulatory risks involving the Medical Care Act, the Pharmaceuticals and Medical Devices Act, online medical consultations, and pharmaceutical-wholesale licenses. - FY2024RestatedAnnual report
「Accordingly, if new regulations are introduced or existing regulations strengthened as the industry develops, costs may increase and management freedom may be restricted, potentially affecting performance and future business development.」
The Company continues to disclose regulatory risks involving personal information, advertising representations, medical care and pharmaceuticals, and telecommunications, and cites responses by the Safety and Compliance Committee and specialists. - FY2023First statedAnnual report
「The Internet industry is difficult to forecast. Accordingly, if new regulations are introduced or existing regulations strengthened as the industry develops, costs may increase and management freedom may be restricted, potentially affecting performance and future business development.」
The Company recognizes the introduction or strengthening of regulations concerning the Internet, advertising, telecommunications, medical care, pharmaceuticals, and personal information as risks.