Revocation of Childcare Center Approval
First written in FY2020. 5 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its child and family support business. However, if the relevant government authorities revoke such licenses or approvals for any reason, or if subsidies are reduced or corporations are no longer permitted to open nursery schools, this could have a material impact on the Group's results.」
While maintaining that no grounds for license revocation have arisen, the Group continues to identify the revocation of licenses and approvals, subsidy reductions and other factors as risks. - FY2025RestatedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its child and family support business. However, if the relevant government authorities revoke such licenses or approvals for any reason, or if subsidies are reduced or corporations are no longer permitted to open nursery schools, this could have a material impact on the Group's results.」
While maintaining that no grounds for license revocation have arisen, the Group continues to identify the revocation of licenses and approvals, subsidy reductions and other factors as risks. - FY2023RestatedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its child and family support business. However, if the relevant government authorities revoke such licenses or approvals for any reason, or if subsidies are reduced or corporations are no longer permitted to open nursery schools, this could have a material impact on the Group's results.」
While maintaining that no grounds for license revocation have arisen, the document continues to identify revocation, subsidy reductions and other factors as risks. - FY2022RestatedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its child and family support business.」
While maintaining that no grounds for license revocation have arisen, the document continues to identify revocation, subsidy reductions and other factors as risks. - FY2021RestatedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its child and family support business.」
While maintaining that no grounds for license revocation have arisen, the document continues to identify revocation, subsidy reductions and other factors as risks. - FY2020First statedAnnual report
「As of the date of submission of this document, no grounds for the revocation of licenses or other approvals have arisen for the nursery schools operated by the Group in its childcare business. However, if the relevant government authorities revoke such licenses or approvals for any reason, or if subsidies are reduced or corporations are no longer permitted to open nursery schools, this could have a material impact on the Group's results.」
While stating that no grounds for license revocation have arisen, the document recognizes the potential impact of revocation, subsidy reductions and other factors.