Legal and Regulatory Changes and Violation Risk
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The construction business licence is valid until 24 April 2027 and will be renewed every 5 years thereafter.」
The company continues to maintain the construction business licence, secondhand goods dealer licence and other statutory licences and permits, as well as procedures for responding to laws and regulations, employee training and information gathering. - FY2024RestatedAnnual report
「The construction business licence is valid until 24 April 2027 and will be renewed every 5 years thereafter.」
The company continues to maintain the construction business licence, secondhand goods dealer licence and other statutory licences and permits, as well as procedures for responding to laws and regulations, employee training and information gathering. - FY2023RestatedAnnual report
「The construction business licence is required when the company sells packaging machinery and related or ancillary equipment and supplies power to, assembles or installs such machinery and equipment,」
The company maintains statutory licences and permits, including the construction business licence and secondhand goods dealer licence, and continues procedures for responding to laws and regulations, employee training and information gathering. - FY2022RestatedAnnual report
「The construction business licence is valid until 24 April 2027 and will be renewed every 5 years thereafter.」
The company maintains statutory licences and permits, including the construction business licence, and continues procedures for responding to laws and regulations, employee training and information gathering. - FY2021First statedAnnual report
「If laws and regulations undergo major changes or are strengthened in the future, this could lead to business restrictions and higher costs associated with capital investment to ensure compliance. In addition, if the company violates such laws or regulations and becomes subject to administrative sanctions, administrative guidance, penalties or other measures, or receives claims for damages, the resulting costs of or increases in response measures, impact on production and other business operations, and decline in social credibility could affect the Group's financial results and financial position.」
The construction business licence was stated as valid until 24 April 2022, with renewals every 5 years thereafter. The company implements procedures for responding to laws and regulations, training and information gathering.