Litigation and Legal and Regulatory Risks Relating to Copyright, Premiums and Representations, Labor Law, and Other Areas
First written in FY2024. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 8 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The principal laws and regulations relating to our business include the Copyright Act, the Act against Unjustifiable Premiums and Misleading Representations, the Act on the Proper Treatment of Specified Entrusted Businesses, the Labor Standards Act and other laws and regulations. If litigation seeking damages or similar relief is brought under the relevant laws and regulations, it could affect our financial position and operating results.」
The litigation and legal and regulatory risks relating to copyright, labeling of premiums and representations, the Act on the Proper Treatment of Specified Entrusted Businesses, labor law and similar matters continue to be disclosed. - FY2025RestatedAnnual report
「The principal laws and regulations relating to our business include the Copyright Act, the Act against Unjustifiable Premiums and Misleading Representations, the Subcontract Act and the Labor Standards Act. If litigation seeking damages or similar relief is brought under the relevant laws and regulations, it could affect our financial position and operating results.」
The litigation and legal and regulatory risks relating to copyright, labeling of premiums and representations, subcontracting, labor law and similar matters continue to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
It is treated as having no material changes from the previous fiscal year regarding legal risks relating to copyright, labeling of premiums and representations, labor law and similar matters. - FY2024First statedAnnual report
「The principal laws and regulations relating to our business include the Copyright Act, the Act against Unjustifiable Premiums and Misleading Representations, the Subcontract Act and the Labor Standards Act. If litigation seeking damages or similar relief is brought under the relevant laws and regulations, it could affect our financial position and operating results.」
Centralized acquisition of licenses for educational materials by headquarters, prior review of publicity materials and legal compliance training are in place as countermeasures.