Risks associated with responding to laws and export controls in various countries
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 25 companies on the "Worse" side.
42 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because the Group's business activities are subject to the laws and regulations of the countries in which it operates, changes in regulations or their interpretation, as well as inherent limitations in its compliance framework and internal control systems, could make compliance with applicable laws and regulations difficult.」
The filing continues to describe the risks arising from changes to or tighter enforcement of the laws and regulations, export controls, tariffs and competition laws of each country. - FY2024First statedAnnual report
「Because the Group's business activities are subject to the laws and regulations of the countries in which it operates, changes in regulations or their interpretation, as well as inherent limitations in its compliance framework and internal control systems, could make compliance with applicable laws and regulations difficult.」
The Group identifies changes to or tighter enforcement of the laws and regulations, export controls, tariffs and competition laws of each country as risks, and responds through compliance training, internal audits, and coordination between the export control and legal departments.