Changes in Legal and Regulatory Requirements for Global Operations
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 9 of 23 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Changes in laws and regulations or regulatory interpretations concerning commercial transactions, product liability, environmental protection, imports and exports, and taxation under transfer pricing rules may create unforeseen circumstances. If addressing such circumstances requires substantial time or expense, they may affect the company group’s results and financial position.」
The company continues to disclose the risk of changes in laws and regulations concerning commercial transactions, product liability, the environment, imports and exports, taxation and other matters associated with global business. - FY2019RestatedAnnual report
「Changes in laws and regulations or regulatory interpretations concerning commercial transactions, product liability, environmental protection, imports and exports, and taxation under transfer pricing rules may create unforeseen circumstances. If addressing such circumstances requires substantial time or expense, they may affect the company group’s results and financial position.」
The company continues to disclose the risks of changes in laws and regulations, tax systems and regulatory interpretations associated with global business. - FY2018RestatedAnnual report
「Changes in laws and regulations or regulatory interpretations concerning commercial transactions, product liability, environmental protection, imports and exports, and taxation under transfer pricing rules may create unforeseen circumstances. If addressing such circumstances requires substantial time or expense, they may affect the company group’s results and financial position.」
The company continues to disclose the risk of changes in the laws, regulations, tax systems and regulatory interpretations of countries in which it operates. - FY2016First statedAnnual report
「Changes in laws and regulations or regulatory interpretations concerning commercial transactions, product liability, environmental protection, imports and exports, and taxation under transfer pricing rules may create unforeseen circumstances. If addressing such circumstances requires substantial time or expense, they may affect the company group’s results and financial position.」
The company recognizes changes in regulations, tax systems and regulatory interpretations associated with business activities spanning multiple countries.