Risks from Changes in the Financial Instruments and Exchange Act, Tax Laws and Other Regulations
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the relevant laws and regulations are amended or newly enacted in the future, changing tax treatment, for example, investor appetite for the fund may decline, making it impossible to sell fund interests and other products as initially expected.」
The company continues to disclose the potential effect of changes in the Financial Instruments and Exchange Act, tax rules, accounting rules and other laws on product sales. - FY2024RestatedAnnual report
「If the relevant laws and regulations are amended or newly enacted in the future, changing tax treatment, for example, investor appetite for the fund may decline, making it impossible to sell fund interests and other products as initially expected.」
The company continues to disclose the potential effect of changes in the Financial Instruments and Exchange Act, tax rules, accounting rules and other laws on product sales. - FY2023First statedAnnual report
「If the relevant laws and regulations are amended or newly enacted in the future, changing tax treatment, for example, investor appetite for the fund may decline, making it impossible to sell fund interests and other products as initially expected. Fees and other income received by the company may decline, affecting the group’s operating results and financial position.」
In addition to registration and business-suspension risks under the Financial Instruments and Exchange Act, the company discloses the risk that changes in tax, accounting and other laws could affect product attractiveness and sales.