Service continuity risks associated with maintaining licenses and permits and amendments to relevant laws and regulations
First written in FY2023. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 13 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address this risk, each business division and the Administrative Headquarters gathers information on amendments and abolitions of relevant laws and regulations. The company operates its businesses in strict compliance with laws and regulations using manuals and guidelines prepared under the guidance of legal advisers, and will respond promptly to obtaining and renewing licences and permits in connection with amendments and abolitions of relevant laws and regulations.」
The company continues to manage licensing and regulatory risks through information gathering, manuals and guidelines, and measures to obtain and renew licences and permits. - 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.」
The company states that there have been no material changes to the risk to service continuity from maintaining licences and permits and amendments to related laws and regulations. - FY2024RestatedAnnual report
「To address this risk, each business division and the Administrative Headquarters gathers information on amendments and abolitions of relevant laws and regulations. The company operates its businesses in strict compliance with laws and regulations using manuals and guidelines prepared under the guidance of legal advisers, and will respond promptly to obtaining and renewing licences and permits in connection with amendments and abolitions of relevant laws and regulations.」
The company continues its management policy for licensing and regulatory risks through information gathering, manuals and guidelines, and measures to obtain and renew licences and permits. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to the risk to service continuity from maintaining licences and permits and amendments to related laws and regulations. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], 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.」
The company states that there have been no material changes to the risk to service continuity from maintaining licences and permits and amendments to related laws and regulations. - FY2023First statedAnnual report
「Depending on future amendments to related laws and regulations, the company may become unable to continue some services that require the maintenance of various licences, permits and other approvals.」
The company discloses the risk associated with relying on the maintenance of licences, permits and notifications for telecommunications, travel, real estate brokerage, car rental and other businesses.