Risk of a reduced business scope due to changes in laws, regulations and industry practices
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2020-Q2.
Giken moved to the "Worse" side of this theme in 2020, 6 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 5 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2020-Q2MaterialisedAnnual report
「However, the Implant Method has not been adopted for river levees, which have suffered frequent damage from natural disasters in recent years, because the River Act establishes the principle that levees must be made of earth embankments.」
The River Act's “embankment principle” is emerging as a specific legal and regulatory constraint on the application of the implant construction method to the business. - FY2019RestatedAnnual report
「However, if any licenses, permits or other authorizations are canceled or otherwise revoked in the future for any reason, this could impede our Group's business operations and affect its operating results.」
The risk of impacts on business operations from the cancellation or other revocation of licenses, permits or other authorizations continues to be described. - FY2018RestatedAnnual report
「However, if any licenses, permits or other authorizations are canceled or otherwise revoked in the future for any reason, this could impede our Group's business operations and affect its operating results.」
The risk of impacts on business operations from the cancellation or other revocation of licenses, permits or other authorizations continues to be described. - FY2017RestatedAnnual report
「At present, there are no facts indicating that our Group is subject to the cancellation or failure to renew any licenses, permits or other authorizations. However, if any licenses, permits or other authorizations are canceled or otherwise revoked in the future for any reason, this could impede our Group's business operations and affect its operating results.」
While indicating that there are currently no issues with the status of its licenses and permits, the risk of business impacts from cancellation or other revocation continues to be described. - FY2016First statedAnnual report
「However, if existing laws and regulations are changed or unexpected changes occur, this could affect our Group's operating results, including by reducing the scope of our business.」
The impact on the business of changes to, or unexpected changes in, laws and regulations, including the Construction Business Act, and industry practices is described.