Burden of System Modifications Due to Amendments to Labor Laws and Regulations
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 2 of 9 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Compliance with these laws and regulations is an extremely important and ongoing responsibility for us. If the notice period for an amendment is short, complex system modifications are required or uncertainty remains in interpreting the law, delayed responses, higher system-modification costs, liability for damages to customers caused by incorrect calculation results or litigation risk could affect our group’s financial results and financial position.」
Continues to disclose the burden and delay risk associated with amendments to labor laws. - FY2025RestatedAnnual report
「If the notice period for such amendments is short or complex system modifications are required, responses could be delayed and system-modification costs could increase, affecting our group’s financial results and financial position.」
Reaffirms the risk of system-modification burdens arising from legal amendments. - FY2024First statedAnnual report
「If the notice period for a legal amendment is short or complex system modifications are required, responses could be delayed and system-modification costs could increase, affecting our group’s financial results and financial position.」
Identifies delays and higher costs from short notice periods or complex modifications as risks despite regulatory compliance being a service feature.