Legal regulations, including the Construction Business Act, and cancellation of licenses and permits
First written in FY2016. 3 of 5 entries say "Mitigated", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Compliance Committee meets twice a year to formulate an annual activity plan for strengthening the compliance framework and to monitor the status of activities.」
The Company continues to operate a twice-yearly committee, Legal Compliance Status Reviews, a hotline, education and training, and internal audits to address legal and licensing risks. - FY2024MitigatedAnnual report
「The Compliance Committee meets twice a year to formulate an annual activity plan for strengthening the compliance framework and to monitor the status of activities.」
The Company continues to operate its Compliance Committee, Legal Compliance Status Review, hotline, education and training, and internal audit functions to address legal and licensing risks. - FY2020MitigatedAnnual report
「The Compliance Committee meets twice a year, an annual company-wide self-inspection activity known as the Legal Compliance Status Review is conducted, and compliance education and training are provided on important laws and regulations, including the Construction Business Act and security trade controls.」
The Company has established a specific control framework for legal and licensing risks through committees, annual inspections, a hotline, and education and training. - FY2017RestatedAnnual report
「However, if a permit were revoked due to a violation of laws or regulations, this could affect the performance of the Group.」
The risk of violating legal regulations governing construction business licenses and other permits, and of permit revocation, continues to be disclosed. - FY2016First statedAnnual report
「If a permit were revoked due to a violation of laws or regulations, this could affect the performance of the Group.」
The Group holds 9 specific construction business licenses and 1 general construction business license, and identifies license revocation due to violations of laws or regulations as a risk.