Risk of Changes to Gaming-Related Laws, Regulations and Licenses
First written in FY2016. 5 of 9 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2021-Q1.
Japan Cash Machine moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Materialised".
- FY2021-Q1MaterialisedAnnual report
「In addition to the continued decline in replacement demand following regulatory amendments in Germany, demand began to trend downward in the latter half of the quarter due to casino halls and other facilities being closed as the spread of COVID-19 intensified.」
The decline in demand following the regulatory amendments in Germany has continued and is materializing as lower demand in global gaming. - FY2020-Q3MaterialisedAnnual report
「Due mainly to the significant decline in banknote recycling unit sales resulting from stagnant demand in Germany in the European region, segment sales were ¥10,879 million, down 18.1% year on year, and segment profit was ¥1,557 million, down 49.1% year on year.」
Stagnant demand following amendments to laws and regulations in Germany continues to materialize as lower banknote recycling unit sales and lower sales and profit in global gaming. - FY2020-Q2MaterialisedAnnual report
「Due mainly to a significant decline in banknote recycling unit sales resulting from stagnant demand in Germany in the European region, segment sales were ¥7,694 million, down 14.1% year on year, and segment profit was ¥1,138 million, down 46.1% year on year.」
Stagnant demand following revisions to gaming-machine standards in Germany continues to materialize as lower banknote recycling unit sales and lower sales and profit in global gaming. - FY2020-Q1MaterialisedAnnual report
「In Europe, particularly Germany, demand showed a marked declining trend following regulatory amendments, resulting in lower sales of banknote recycling units.」
The demand decline following the regulatory amendments in Germany has materialized as lower sales of banknote recycling units. - FY2018RestatedAnnual report
「The Group's performance may be affected not only where approval is required to sell banknote validator units in countries, states and other jurisdictions worldwide, but also where, even in the absence of regulations governing the sale of banknote validator units, laws and regulations governing gaming machines such as slot machines are changed.」
The risk of changes in gaming-related licensing requirements and laws and regulations is reiterated. - FY2018-Q3RestatedAnnual report
「Segment sales were ¥11,331 million, down 8.9% year on year, and segment profit was ¥2,158 million, down 8.1% year on year, due mainly to decreased demand for banknote validator units and other products in North America and lower replacement demand in Europe following a legal amendment in Germany.」
The decline in replacement demand following the legal amendment in Germany continues to materialize as a factor behind lower sales and profit in global gaming. - FY2018-Q2MaterialisedAnnual report
「Segment sales were ¥7,760 million, down 9.1% year on year, and segment profit was ¥1,477 million, down 18.8% year on year, due mainly to decreased demand for banknote validator units and other products in North America and lower replacement demand in Europe following a legal amendment in Germany.」
The decline in replacement demand following the legal amendment in Germany has materialized as a factor behind lower sales and profit in global gaming. - FY2017RestatedAnnual report
「The Group's performance may be affected not only where approval is required to sell banknote validator units in countries, states and other jurisdictions worldwide, but also where, even in the absence of regulations governing the sale of banknote validator units, laws and regulations governing gaming machines such as slot machines are changed.」
The risk of changes in gaming-related licensing requirements and laws and regulations is reiterated. - FY2016First statedAnnual report
「The Group's performance may be affected not only where approval is required to sell banknote validator units in countries, states and other jurisdictions worldwide, but also where, even in the absence of regulations governing the sale of banknote validator units, laws and regulations governing gaming machines such as slot machines are changed.」
Risks include sales permits, gaming-machine regulations, and the screening process and revocation of licenses, including those involving individual directors and officers.