Risk of regulatory violations and administrative sanctions under the Insurance Business Act and other laws
First written in FY2022. 3 of 6 entries say "Worsened", first in FY2025. Latest entry: 2026-07-28.
FP Partner moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
1 other company's latest entry also says "Worsened".
- 2026-07-28WorsenedEarnings presentation
「If we were to identify a risk, pursuing compliance with even higher standards in the future could require a corresponding amount of funding because of new staffing requirements and major system changes.」
The potential need for additional staffing, system changes and funding as regulatory and operational-management standards become more demanding is identified as a specific business risk. - FY2026-H1WorsenedAnnual report
「The review by insurers of agency support frameworks and agency commission structures accompanying amendments to the Insurance Business Act, as well as the resulting increase in the number of agencies concerned about future business continuity and profitability, was another factor behind the progress of discussions regarding contract transfers.」
The review of agency support frameworks and commission structures accompanying the amended Insurance Business Act has in fact increased agencies’ concerns about business continuity and profitability, giving more concrete form to the impact of the regulatory environment. - 2026-04-24RestatedEarnings presentation
「The insurance industry is currently undergoing a period of unprecedentedly significant change, even in historical terms, and we believe this is a major turning point in which customer-oriented business conduct must be thoroughly implemented.」
The company reiterates its recognition that the insurance industry is undergoing major change and is at a turning point requiring thorough customer-oriented business conduct. - FY2025WorsenedAnnual report
「If major changes occur in the Insurance Business Act, supervisory guidelines or self-regulatory rules, our service provision and methods of soliciting insurance may be restricted, potentially forcing us to review our operating model, incur higher costs and change our agency commission structure.」
The company describes more specifically the regulatory impact of the amendments to the Insurance Business Act enacted in 2025 and scheduled to take effect in June 2026, including restrictions on solicitation methods, reviews of the operating model and higher costs. - FY2023RestatedAnnual report
「In particular, revocation of our agency registration could have a material impact on our business activities.」
The company reconfirms the risk that violations of the Insurance Business Act and other laws or revocation of its agency registration could have a material impact on business continuity. - FY2022First statedAnnual report
「If we were to receive the aforementioned administrative sanctions, our insurance sales activities could become difficult, potentially affecting our financial condition and operating results. In particular, if our agency registration were revoked, we would lose revenue from this business, which could have a material impact on our business activities.」
The company describes the impact of regulatory violations, including revocation of insurance agency registration, suspension of business and business improvement orders, on business continuity.