Regulatory and Data Protection Constraints on the Online Business
First written in FY2017. 1 of 2 entries say "Worsened", first in FY2024. Latest entry: FY2024.
Sony Group moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「Regulatory authorities in Europe, the United States and elsewhere are also advancing legislation and regulation concerning AI. As Sony develops and uses AI, the costs associated with complying with such regulations may increase.」
In addition to online and data protection regulations, the development of AI regulation in Europe and the United States and related compliance costs were explicitly identified as new channels of impact. - FY2017First statedAnnual report
「For example, the European Union's General Data Protection Regulation, scheduled to take effect in May 2018, was expected to impose new and extensive requirements worldwide concerning the handling of personal information belonging to residents of the European Economic Area.」
Changes in and compliance costs associated with regulations in each country governing the online business, including privacy, data transfers and consumer protection, were disclosed separately as risks for the first time.