Risk of public and environmental regulations
First written in FY2016. 2 of 7 entries say "Restated". Latest entry: FY2026.
Lixil moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 22 of 73 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Likelihood of occurrence Low → Medium Impact Low Year-on-year change in materiality Increase」
For the regulatory-tightening risk, the company raised the likelihood of occurrence from "Low" to "Medium" and assessed its materiality as having increased. - FY2023ReframedAnnual report
「Although regulatory risks are always present in business activities, this risk is described separately in response to the strengthening of regulations, the accelerating introduction of new regulations and more active enforcement.」
The company reorganized the existing public-regulation risk as a "regulatory tightening" risk, including sustainability disclosures, natural resources and personal information. - FY2019-Q3MaterialisedAnnual report
「We determined that it was reasonable to terminate this share transfer agreement. Based on the agreement of both the seller and buyer, the Board of Directors decided on 27 November 2018 to terminate the agreement, and the agreement was terminated on the same date.」
As approval from the foreign investment regulatory authorities could not be obtained, the share transfer agreement for Permasteelisa was terminated, making the regulatory-compliance risk concrete as a contractual consequence. - FY2019-Q2MaterialisedAnnual report
「With respect to this share transfer, we received notice from the Committee on Foreign Investment in the United States that approval could not be granted under the measures currently proposed by us and Grandland.」
The company received notice from the foreign investment regulatory authorities that approval could not be granted under the current arrangements for the transfer of shares in an overseas subsidiary, making the regulatory-compliance risk concrete. - FY2018RestatedAnnual report
「These public regulations are expected to change over time, which may disrupt the group's business operations and lead to higher costs to comply with new public regulations.」
The company continues to disclose the business-operation and cost risks arising from changes in permits and licenses, intellectual property and environmental regulations. - FY2017RestatedAnnual report
「These public regulations are expected to change over time, which may disrupt the group's business operations and lead to higher costs to comply with new public regulations.」
The company has reiterated the business-operation and cost risks arising from changes in permits and licenses, intellectual property and environmental regulations. - FY2016First statedAnnual report
「These public regulations are expected to change over time, which may disrupt the group's business operations and lead to higher costs to comply with new public regulations.」
Including permits and licenses, intellectual property rights and environmental regulations.