Compliance with Laws and Regulations in Overseas Countries
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026Integrated into overseas business risksAnnual report
「In addition, if amendments to, or changes in the operation of, laws, regulations or tax systems in each country or region disrupt the business operations of overseas Group companies, this may affect the performance of our Group.」
The legal and regulatory risks of overseas countries are described under country risks for overseas operations, including political, economic and disaster risks. - FY2021RestatedAnnual report
「Our Group is actively expanding its business into overseas markets, including China, and is subject not only to domestic laws but also to the laws and regulations of each country.」
The risk that overseas expansion will require compliance with domestic laws and the laws and regulations of each country is reiterated. - FY2020RaisedAnnual report
「Our Group is actively expanding its business into overseas markets, including China, and is subject not only to domestic laws but also to the laws and regulations of each country.」
For legal and regulatory risks in overseas countries, domestic laws are now explicitly included in addition to overseas laws covered previously. - FY2019RestatedAnnual report
「Our Group is actively expanding into overseas markets, including China, and is subject to the laws and regulations of each country. Although we have established and operate a sufficient compliance framework, we may be affected by unforeseen circumstances.」
Compliance with laws and regulations in overseas countries and the possibility of unforeseen impacts are reiterated. - FY2018RestatedAnnual report
「Our Group is actively expanding into overseas markets, including China, and is subject to the laws and regulations of each country. Although we have established and operate a sufficient compliance framework, we may be affected by unforeseen circumstances.」
Compliance with laws and regulations in overseas countries and the possibility of unforeseen impacts are reiterated. - FY2016First statedAnnual report
「Our Group is actively expanding into overseas markets, including China, and is subject to the laws and regulations of each country. Although we have established and operate a sufficient compliance framework, we may be affected by unforeseen circumstances.」
The document states that overseas expansion subjects the Group to the laws and regulations of each country and that unforeseen impacts are possible.