Changes in laws, regulations and accounting standards
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
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- FY2017RestatedAnnual report
「The Group conducts its business in compliance with various domestic and overseas laws, permits and regulations and applies accounting treatments in accordance with accounting standards. However, its balance sheet and income statement may be affected by amendments to or repeal of laws, the introduction of legal regulations, changes in projected figures in the future due to the application of tax-effect accounting and impairment accounting, and changes to accounting standards.」
It continues to disclose the risks associated with laws, permits and regulations, tax-effect and impairment accounting, and changes to accounting standards. - FY2016First statedAnnual report
「The Group's operating results and financial condition may be affected by amendments to or repeal of laws, the introduction of legal regulations, changes in projected figures in the future due to the application of tax-effect accounting and impairment accounting, and changes to accounting standards.」
It identifies domestic and overseas laws, permits and regulations, accounting estimates such as tax-effect accounting and impairment accounting, and changes to accounting standards as risks.