Violations of building and construction-related laws and regulations, and changes in licenses and permits
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 9 of 32 companies on the "Worse" side.
61 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「To ensure business continuity, our Group has established systems to comply with applicable laws and regulations, including these laws, by thoroughly informing officers and employees through training and other measures so that they can respond to the applicable laws and regulations.」
The response to building and construction-related laws and regulations and thorough compliance through training were reiterated. - FY2021RestatedAnnual report
「To ensure business continuity, our Group has established systems to comply with applicable laws and regulations, including these laws, by thoroughly informing officers and employees through training and other measures so that they can respond to the applicable laws and regulations.」
The response to building and construction-related laws and regulations and compliance training were reiterated. - FY2019First statedAnnual report
「If violations of applicable laws or regulations occur for any reason in the future, the Group may be subject to penalties, administrative actions or other sanctions. This could damage the Group's social credibility and image and affect its business results and financial condition.」
Violations of the Building Standards Act, Construction Business Act, Kenchikushi Act and other laws, shortages of qualified personnel, and amendments, repeal or introduction of laws and regulations were identified as risks.