Risk of Tighter or More Relaxed Laws, Regulations and Self-Regulatory Rules
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「We conduct our business in accordance with laws and regulations, including the Financial Instruments and Exchange Act, and the various rules of self-regulatory organisations such as financial instruments exchanges and the Japan Securities Dealers Association. If regulation under these laws and rules is tightened or relaxed in the future, it may affect our operating results and financial position.」
The risk of an impact on operating results from tighter or looser laws and self-regulation is restated. - FY2018RestatedAnnual report
「We conduct our business in accordance with laws and regulations, including the Financial Instruments and Exchange Act, and the various rules of self-regulatory organisations such as financial instruments exchanges and the Japan Securities Dealers Association. If regulation under these laws and rules is tightened or relaxed in the future, it may affect our operating results and financial position.」
The risk of an impact on operating results from tighter or looser laws and self-regulation is restated. - FY2017First statedAnnual report
「We conduct our business in accordance with laws and regulations, including the Financial Instruments and Exchange Act, and the various rules of self-regulatory organisations such as financial instruments exchanges and the Japan Securities Dealers Association. If regulation under these laws and rules is tightened or relaxed in the future, it may affect our operating results and financial position.」
The risk that changes to laws and regulations, including the Financial Instruments and Exchange Act, and self-regulation may affect operating results and financial position is newly specified.