Risk of Permit and License Revocation and Operational Suspension in the Education Business
First written in FY2020. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 2 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The risk of cancellation of licences and permits or suspension of operations in the education business continues to be described. - FY2024RestatedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The risk of cancellation of licences and permits or suspension of operations in the education business continues to be described. - FY2023RestatedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The risk of cancellation of licences and permits or suspension of operations in the education business continues to be described. - FY2022RestatedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The risk of cancellation of licences and permits or suspension of operations in the education business continues to be described. - FY2021RestatedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The risk of cancellation of licences and permits or suspension of operations in the education business continues to be described. - FY2020First statedAnnual report
「The education business complies with the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities. However, if these licences and permits are cancelled or operations are suspended for any reason, this could affect the Group’s performance.」
The possibility of cancellation of licences and permits or suspension of operations under the Child Welfare Act and the Guidelines for Supervising Unlicensed Childcare Facilities is newly stated for education businesses including Kids Duo International.