Komori
Entrust (7191) · RiskRestated

Business Impact of New Legal Regulations and Changes in the Interpretation of Laws and Regulations

First written in FY2017. 18 of 21 entries say "Restated". Latest entry: FY2024-Q3.

21entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2024-Q32017: 220172018: 420182019: 420192020: 320202021: 220212022: 320222023: 220232024: 1
Same theme, other companies
Risk of business performance being affected by changes to or new laws and regulationsA theme 73 companies write about · 72 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2024: 4 of 20 companies on the "Worse" side.

50 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 73 companies compared. The sentences above are computed from all 73.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「During the third quarter consolidated cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」

    No material changes were identified in the existing major risks, including the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  2. FY2024-Q1RestatedAnnual report

    「During the first quarter consolidated cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」

    No material changes have been identified in the major risks described for the previous fiscal year, including the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  3. FY2023-Q3RestatedAnnual report

    「During the third quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」

    No material changes have been identified in the major risks described for the previous fiscal year, including the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  4. FY2023-Q2RestatedAnnual report

    「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」

    No material changes have been identified in the major risks described for the previous fiscal year, including the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  5. FY2023-Q1RestatedAnnual report

    「During the first quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」

    No material changes have been identified in the major risks described for the previous fiscal year, including the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  6. FY2022Update to dependence on guarantee business revenueAnnual report

    「In the fiscal year ended March 2022, revenue from the guarantee business was ¥3,053.511 million, accounting for 61.8% of total revenue. To address these risks, the company belongs to the Rent Debt Guarantee Business Operators Council of the Japan Rental Housing Management Association, a public interest incorporated foundation, and works to gather information on industry trends.」

    Revenue from the guarantee business, which may be affected by legal regulations and other factors, was updated to ¥3,053.511 million, or 61.8% of total revenue. Information gathering through membership in an industry association continues to be presented as a countermeasure.
  7. FY2022-Q2RestatedAnnual report

    「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year (filed on 22 June 2021).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  8. FY2021Additional disclosure of dependence on guarantee business revenue and industry measuresAnnual report

    「In the fiscal year ended March 2021, revenue from the guarantee business was ¥2,294.594 million, accounting for 54.6% of total revenue. To address these risks, the company belongs to the Rent Debt Guarantee Business Operators Council of the Japan Rental Housing Management Association, a public interest incorporated foundation, and works to gather information on industry trends.」

    The potential impact of legal regulations on the guarantee business was quantified, with guarantee business revenue accounting for 54.6% of total revenue. The company also disclosed measures including membership in an industry association and consultations with its legal adviser and others.
  9. FY2021-Q2RestatedAnnual report

    「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year (filed on 22 June 2020).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  10. FY2020RestatedAnnual report

    「In the future, if the introduction of new legal regulations or changes in the interpretation of existing laws and regulations force the company to change the content of its services or make it difficult to continue the guarantee business itself, the company's operating results and financial position could be affected.」

    The company continues to identify the business impact of new legal regulations and changes in the interpretation of laws and regulations as a risk.
  11. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no occurrences of matters relating to the business and financial conditions described in this quarterly report that could materially affect investors' decisions, nor any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year (filed on 24 June 2019).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  12. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no occurrences of matters relating to the business and financial conditions described in this quarterly report that could materially affect investors' decisions, nor any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year (filed on 24 June 2019).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  13. FY2020-Q1RestatedAnnual report

    「During the first quarter cumulative period, there were no material changes in the occurrence of matters among those relating to the business and accounting conditions described in this quarterly report that could materially affect investors' decisions, or in the business and other risks described in the securities report for the previous fiscal year (filed on 24 June 2019).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  14. FY2019RestatedAnnual report

    「However, if the introduction of new legal regulations or changes in the interpretation of existing laws and regulations in the future force the company to change the content of its services or make it difficult to continue the guarantee services business itself, the company's operating results and financial position could be affected.」

    The company continues to identify the business impact of new legal regulations and changes in the interpretation of laws and regulations as a risk.
  15. FY2019-Q3RestatedAnnual report

    「During the third quarter cumulative period, there were no material changes in the occurrence of matters among those relating to the business and accounting conditions described in this quarterly report that could materially affect investors' decisions, or in the business and other risks described in the securities report for the previous fiscal year (filed on 25 June 2018).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  16. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no occurrences of matters relating to the business and financial conditions described in this quarterly report that could materially affect investors' decisions, nor any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year (filed on 25 June 2018).」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  17. FY2019-Q1RestatedAnnual report

    「During the three months ended the first quarter, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could materially affect investors' decisions, and no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year filed on 25 June 2018.」

    No material changes have been identified in the risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  18. FY2018RestatedAnnual report

    「However, if the introduction of new legal regulations or changes in the interpretation of existing laws and regulations in the future force the company to change the content of its services or make it difficult to continue the guarantee business itself, the company's operating results and financial position could be affected.」

    Although there are currently no laws or regulations directly governing the business, the company continues to identify the impact of future regulatory changes and changes in the interpretation of laws and regulations as a risk.
  19. FY2018-Q3RestatedAnnual report

    「During the nine months ended the third quarter, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could materially affect investors' decisions, and no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year filed on 23 June 2017.」

    No material changes have been identified in the existing business and other risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  20. FY2018-Q2RestatedAnnual report

    「During the second quarter cumulative period, there were no material changes in the occurrence of matters among those relating to the business and accounting conditions described in this quarterly report that could materially affect investors' decisions, or in the business and other risks described in the securities report for the previous fiscal year (filed on 23 June 2017).」

    No material changes have been identified in the existing business and other risks concerning the business impact of new legal regulations and changes in the interpretation of laws and regulations.
  21. FY2017First statedAnnual report

    「However, if the introduction of new legal regulations or changes in the interpretation of existing laws and regulations in the future force the company to change the content of its services or make it difficult to continue the guarantee services business itself, the company's operating results and financial position could be affected.」

    Although there were no laws or regulations directly governing the business as of the end of the fiscal year, the company identifies the future introduction of regulations and changes in the interpretation of laws and regulations as risks.
Moved together

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When this could move next
Entrust's next results are scheduled for 2026-10-29. Read the earnings preview
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