Impact of Construction Business License Cancellation on Contract Opportunities and Business Performance
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「In May 2020, the company obtained a specified construction business licence from the Minister of Land, Infrastructure, Transport and Tourism (licence number: 特－２第16162号; expiration date: May 2025) and plans to renew it again. However, the licence may be cancelled if any of the circumstances set out in the respective items of Article 29, paragraph 1, or paragraph 2 of the Construction Business Act applies.」
The company continues to disclose the specified construction business licence expiring in May 2025 and the risk of cancellation due to legal or regulatory violations. - FY2021MitigatedAnnual report
「In May 2020, the company obtained a specified construction business licence from the Minister of Land, Infrastructure, Transport and Tourism (licence number: 特－２第16162号; expiration date: May 2025) and plans to renew it again.」
The status progressed from renewal procedures for the specified construction business licence to an already-obtained licence acquired in May 2020 and expiring in May 2025. The cancellation risk itself remains. - FY2020RestatedAnnual report
「In May 2015, the company obtained a specified construction business licence from the Minister of Land, Infrastructure, Transport and Tourism (licence number: 特－27第16162号; expiration date: May 2020) and is currently carrying out renewal procedures. However, the licence may be cancelled if any of the circumstances set out in the respective items of Article 29, paragraph 1, or paragraph 2 of the Construction Business Act applies.」
The company continues to disclose the renewal procedures for its specified construction business licence and the risk that cancellation due to legal or regulatory violations could affect orders and performance. - FY2019RestatedAnnual report
「In May 2015, the company obtained a specified construction business licence from the Minister of Land, Infrastructure, Transport and Tourism (licence number: 特－27第16162号), with an expiration date of May 2020, and plans to renew it. However, the licence may be cancelled if any of the circumstances set out in the respective items of Article 29, paragraph 1, or paragraph 2 of the Construction Business Act applies.」
The company continues to disclose its plan to renew the specified construction business licence and the risk that cancellation due to legal or regulatory violations could affect orders and performance. - FY2018RestatedAnnual report
「However, a construction business licence may be cancelled if any of the circumstances set out in the respective items of Article 29, paragraph 1, or paragraph 2 of the Construction Business Act applies.」
The company continues to disclose the risk that cancellation of its construction business licence could affect orders and performance. - FY2017First statedAnnual report
「However, a construction business licence may be cancelled if any of the circumstances set out in the respective items of Article 29, paragraph 1, or paragraph 2 of the Construction Business Act applies.」
While the company has obtained a specified construction business licence and plans to renew it, it disclosed for the first time the risk that cancellation of the licence due to legal or regulatory violations could affect orders and performance. It also disclosed the licence number, date of acquisition and expiration date.