Revocation of Permits and Licenses, Legal Violations, and Regulatory Changes
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has obtained the general construction license shown in the table below pursuant to the Construction Business Act and performs elevator installation and construction work. However, the license may be cancelled under Article 29 of the Construction Business Act if it was obtained through improper means, such as reporting false facts, or if an officer or other relevant person meets the disqualification criteria.」
The company continues to disclose its construction license, elevator manufacturing license, compliance with related laws and regulations, and the risk of cancellation of licenses and permits. - FY2022First statedAnnual report
「The company has obtained the general construction license shown in the table below pursuant to the Construction Business Act and performs elevator installation and construction work.」
The company states that the construction license is valid from 22 August 2021 through 21 August 2026 and requires compliance with related laws and regulations.