Regulatory and Institutional Change Risk
First written in FY2022-Q3. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Group conducts its business in accordance with regulations currently in effect, including laws, rules, policies, and customary practices. If these regulations change in the future, this could adversely affect the Group’s business operations, operating performance, and financial condition.」
The Group has reaffirmed the risk of regulatory and institutional changes in the same structure as before. - FY2023RestatedAnnual report
「The Group conducts its business in accordance with regulations currently in effect, including laws, rules, policies, and customary practices. If these regulations change in the future, this could adversely affect the Group’s business operations, operating performance, and financial condition.」
The Group has reaffirmed the risk of regulatory and institutional changes in the same structure as before. - FY2022-Q3First statedAnnual report
「The Group conducts its business in accordance with regulations currently in effect, including laws, rules, policies, and customary practices. If these regulations change in the future, this could adversely affect the Group’s business operations, operating performance, and financial condition.」
The Group identifies future changes to laws, rules, policies, customary practices, and other requirements as a business-operation risk.