Risks from changes in national and local government policies, subsidy cuts, and restrictions on corporate entry
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Continues to identify cuts to subsidies, restrictions on companies opening childcare facilities, and the amendment or abolition of relevant laws and regulations as policy and regulatory risks. - FY2023RestatedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Continues to identify cuts to subsidies, restrictions on companies opening childcare facilities, and the amendment or abolition of relevant laws and regulations as policy and regulatory risks. - FY2022RestatedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Continues to identify cuts to subsidies, restrictions on companies opening childcare facilities, and the amendment or abolition of relevant laws and regulations as policy and regulatory risks. - FY2021RestatedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Continues to identify cuts to subsidies, restrictions on companies opening childcare facilities, and the amendment or abolition of relevant laws and regulations as policy and regulatory risks. - FY2019RestatedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Continues to identify cuts to subsidies, restrictions on companies opening childcare facilities, and the amendment or abolition of relevant laws and regulations as policy and regulatory risks. - FY2017AdvancedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance. The principal laws and regulations related to the businesses currently operated by the Group are the Child Welfare Act, the Child and Childcare Support Act and the Food Sanitation Act. If laws and regulations related to the businesses operated by the Group are enacted, amended or abolished in the future, the Group's business activities may be restricted, which may affect its performance.」
In addition to the previously identified risks of cuts to subsidies and restrictions on corporate entry, explicitly identifies the enactment, amendment and abolition of laws and regulations, including the Child Welfare Act, the Child and Childcare Support Act and the Food Sanitation Act, as risks. - FY2016First statedAnnual report
「If national or local government policies are revised in the future, resulting in cuts to subsidies or a situation in which companies are no longer permitted to open childcare facilities, this may affect the Group's performance.」
Identifies policy changes, including cuts to subsidies and restrictions on companies opening childcare facilities, as business risks.