Risk of License Revocation and Inability to Obtain New Licenses for Childcare Facilities
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 2 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
Continues to describe the possibility of licences being revoked or new licences being unobtainable, together with an explanation that there have been no past cases of revocation. - FY2023RestatedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
Continues to describe the possibility of licences being revoked or new licences being unobtainable, together with an explanation that there have been no past cases of revocation. - FY2022RestatedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
Continues to describe the possibility of licences being revoked or new licences being unobtainable, together with an explanation that there have been no past cases of revocation. - FY2021RestatedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
Continues to describe the possibility of licences being revoked or new licences being unobtainable, together with an explanation that there have been no past cases of revocation. - FY2019RestatedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
Continues to describe the possibility of licences being revoked or new licences being unobtainable, together with an explanation that there have been no past cases of revocation. - FY2016First statedAnnual report
「There have been no past cases of licences or other approvals being revoked at childcare facilities operated by the Group, and as of the date of submission of this document, no event has occurred that is expected to result in the revocation of such licences or approvals. However, if licences or other approvals are revoked for any reason in the future, or if approval or other licences cannot be obtained for new facilities, this may affect the Group's performance.」
States that there have been no past cases of revocation, while describing the possibility of licences being revoked or new licences being unobtainable.