Business Constraints Resulting from the Abolition, Amendment or Introduction of Laws and Regulations
First written in FY2024. 1 of 3 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 19 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In conducting its business activities, the company is subject to various laws and regulations, including the Road Traffic Act, the Fire Service Act, the Act against Unjustifiable Premiums and Misleading Representations, the Electrical Appliances and Materials Safety Act, the Act on the Promotion of Proper Transactions Involving Small and Medium-Sized Enterprises (formerly the Subcontract Act), the Antimonopoly Act and the Act on the Protection of Personal Information.」
The company continues to disclose the risk of business constraints arising from changes to or abolitions of existing regulations and new regulations, and lists the applicable laws and regulations, including the Act on the Promotion of Proper Transactions Involving Small and Medium-Sized Enterprises (formerly the Subcontract Act). - FY2025MitigatedAnnual report
「The company ensures thorough compliance among employees, including by complying with these laws and regulations and taking measures to avoid difficulties in renewing licenses and permits. In addition, the company conducts its operations in accordance with current laws and regulations and takes measures to mitigate risks in advance by obtaining information on amendments to new legal regulations and publicly disclosed rule-making processes through attorneys and external organizations.」
Although the risk of changes to laws and regulations remains, the company specifies compliance training, information gathering from attorneys and external organizations, and advance measures as countermeasures. - FY2024First statedAnnual report
「However, if unforeseeable changes to or abolitions of regulations, or new legal regulations, are introduced and restrict business activities as previously conducted, the company's financial condition and operating results could be affected.」
In addition to regulations such as the Road Traffic Act, the Act against Unjustifiable Premiums and Misleading Representations, the Electrical Appliances and Materials Safety Act and the Act on the Protection of Personal Information, the company identifies future regulatory changes as a risk.