Risk of business interruption due to obtaining, renewing or revoking licenses and permits
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 6 of 20 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group currently meets the applicable standards and has obtained renewed licenses for industrial waste collection and transport and disposal operations and general waste collection and transport and disposal operations. There are therefore no grounds for rejecting an application for a new license or denying a renewal.」
The company has reconfirmed its compliance with the licensing standards and acquisition of renewal approval. - FY2024RestatedAnnual report
「Licenses for the collection, transport and disposal of industrial waste are valid for 5 years (7 years for operators certified as excellent under the Excellent Industrial Waste Management Operators Certification System), while licenses for the collection, transport and disposal of general waste are valid for 2 years. The licenses must be renewed to continue operations.」
The company has specifically described the validity periods of its licenses and permits and the need for renewal, and has reconfirmed its understanding that there are no grounds for denial of renewal because it complies with the licensing standards. - FY2023RestatedAnnual report
「The Group currently meets the applicable standards and has obtained renewed licenses for industrial waste collection and transport and disposal operations and general waste collection and transport and disposal operations. There are therefore no grounds for rejecting an application for a new license or denying a renewal.」
The company continues to state that it meets the licensing standards and has obtained renewed licenses. - FY2021RestatedAnnual report
「The Group currently meets the applicable standards and has obtained renewed licenses for industrial waste collection and transport and disposal operations and general waste collection and transport and disposal operations. There are therefore no grounds for rejecting an application for a new license or denying a renewal.」
The company continues to state that it meets the licensing standards and has obtained renewed licenses. - FY2020RestatedAnnual report
「The Group currently meets the applicable standards and has obtained renewed licenses for industrial waste collection and transport and disposal operations and general waste collection and transport and disposal operations. There are therefore no grounds for rejecting an application for a new license or denying a renewal.」
The company continues to state that it meets the licensing standards and has obtained renewed licenses. - FY2019MitigatedAnnual report
「The Group currently meets the applicable standards and has obtained renewed licenses for industrial waste collection and transport and disposal operations and general waste collection and transport and disposal operations. There are therefore no grounds for rejecting an application for a new license or denying a renewal.」
The company states that it meets the licensing standards and has obtained renewed licenses, with no grounds at that time for denying renewal. - FY2018First statedAnnual report
「When obtaining or renewing licenses, an application for a new license may be rejected or a renewal may not be granted if the company is not deemed to meet the standards set out in Article 14, Paragraphs 5 and 10 of the Waste Management and Public Cleansing Act for industrial waste collection and transport and disposal operations, or Article 7, Paragraphs 5 and 10 of that Act for general waste collection and transport and disposal operations.」
The company specifically describes the risk that failure to meet license validity-period or renewal requirements could lead to the effective suspension of business activities or revocation of licenses.