Risk of Revocation of Registration for Type I Financial Instruments Business and Administrative Sanctions
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If officers or employees of a consolidated subsidiary of our Group violate these laws and regulations and an administrative sanction is imposed, such as cancellation of a registration or an order to take measures necessary for improvement, the Group’s business operations may be impeded and its financial position and operating results may be affected.」
The risk of cancellation of registration and administrative sanctions resulting from violations of laws and regulations governing Type I Financial Instruments Business has been reaffirmed. - FY2019First statedAnnual report
「If officers or employees of a consolidated subsidiary of our Group violate these laws and regulations and an administrative sanction is imposed, such as cancellation of a registration or an order to take measures necessary for improvement, the Group’s business operations may be impeded and its operating results and financial position may be affected.」
The risk of administrative sanctions, including cancellation of registration or an improvement order, for violations of laws and regulations governing Type I Financial Instruments Business and the rules of the Japan Securities Dealers Association was identified as a separate item.