Risk of Changes to the Fire Service Act and Other Regulations
First written in FY2016. 7 of 11 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「For the construction industry, it may be necessary to secure personnel and limit the volume of orders accepted in order to comply with the limits on overtime work under the amended Labor Standards Act.」
The company continues to identify the possibility of securing personnel and limiting order volume due to the overtime work limits as a legal and regulatory risk. - FY2024RestatedAnnual report
「For the construction industry, the limits on overtime work were revised from April 2024 under the amended Labor Standards Act. To comply with the revised limits, it may be necessary to secure personnel and limit the volume of orders accepted.」
The company states that the revision of overtime limits identified in the previous fiscal year began applying from April 2024, creating the possibility of securing personnel and limiting order volume, with construction-support IT systems as a response. - FY2024-Q3RestatedAnnual report
「In the disaster prevention and information and communications industries, risks affecting earnings have emerged, including higher labor costs associated with compliance with the amended Labor Standards Act applicable from fiscal 2024, as well as higher raw material and logistics costs.」
Regarding the risk of higher labor costs associated with the application of the amended Labor Standards Act identified in the previous fiscal year, the company states that the risk continues to emerge. - FY2024-Q1MaterialisedAnnual report
「In the disaster prevention and information and communications industries, risks affecting earnings have emerged, including higher labor costs associated with compliance with the amended Labor Standards Act applicable from fiscal 2024, as well as higher raw material and logistics costs.」
Regarding the risk associated with the application of the amended Labor Standards Act identified in the previous fiscal year, the company states that higher labor costs related to the required response have emerged. - FY2023WorsenedAnnual report
「For the construction industry, the limits on overtime work will be revised from April 2024 under the amended Labor Standards Act, which may make it necessary to secure personnel and limit the volume of orders accepted.」
In addition to the previous legal and certification risks, the company adds the possibility of securing personnel and limiting order volume in response to the revision of overtime limits from April 2024. - FY2022RestatedAnnual report
「The group's products are sold after obtaining certification from certification bodies in each country. However, because product standards differ by country, a product may be certified in one country but require additional time to obtain certification in another.」
The company continues to identify differences in national standards and delays in obtaining certification as risks relating to legal and regulatory requirements. - FY2020ReframedAnnual report
「The group's products are sold after obtaining certification from certification bodies in each country. However, because product standards differ by country, a product may be certified in one country but require additional time to obtain certification in another.」
In addition to previous risks from amendments to laws and changes in interpretation, the company explicitly identifies differences in national standards and delays in obtaining certification as legal and regulatory risks. - FY2019RestatedAnnual report
「Laws and regulations may be amended or their interpretation may change from time to time as social conditions change. In such cases, the Group’s financial position and operating results may be affected.」
The company continues to identify the potential impact of amendments to, and changes in the interpretation of, the Fire Service Act and other relevant laws and regulations as a risk. - FY2018RestatedAnnual report
「In the future, laws and regulations may be amended or their interpretation may change from time to time due to changes in social conditions and other factors.」
The company continues to identify the potential impact of amendments to, and changes in the interpretation of, the Fire Service Act and other relevant laws and regulations as a risk. - FY2017RestatedAnnual report
「Laws and regulations may be amended or their interpretation may change from time to time as social conditions change. In such cases, the Group’s financial position and operating results may be affected.」
The company continues to identify the potential impact of amendments to, and changes in the interpretation of, the Fire Service Act and other relevant laws and regulations as a risk. - FY2016First statedAnnual report
「Laws and regulations may be amended or their interpretation may change from time to time as social conditions change. In such cases, the Group’s financial position and operating results may be affected.」
The possibility of amendments to or changes in the interpretation of laws governing fire alarm systems is identified as a risk.