Changes in Legal Regulations Affecting the Construction and Real Estate Business
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If new regulations are enacted or existing regulations are amended or abolished, the Group could face higher personnel expenses, increased outsourcing costs and restrictions on construction orders, among other effects.」
The risk of the enactment, revision or repeal of laws and regulations relating to the construction and real estate business is being reassessed, together with the potential for cost increases and restrictions on order intake. - FY2020MitigatedAnnual report
「In light of these risks, the Group endeavors to gather necessary information on developments in government policies, regulations and other matters as appropriate.」
The Group specifies gathering information on developments in government policies and regulations as its response to the risk of laws and regulations being enacted, amended or abolished. - FY2019RestatedAnnual report
「The enactment, amendment, or repeal of new regulations in the future could affect the Group's business performance.」
The risk of laws and regulations governing the construction and real estate business being enacted, amended or abolished is reiterated. - FY2018RestatedAnnual report
「The enactment, amendment, or repeal of new regulations in the future could affect the Group's business performance.」
The risk of laws and regulations governing the construction and real estate business being enacted, amended or abolished is reiterated. - FY2017RestatedAnnual report
「The enactment, amendment, or repeal of new regulations in the future could affect the Group's business performance.」
The risk of laws and regulations governing the construction and real estate business being enacted, amended or abolished is reiterated. - FY2016First statedAnnual report
「The enactment, amendment, or repeal of new regulations in the future could affect the Group's business performance.」
The filing identifies changes in regulations such as the Building Lots and Buildings Transaction Business Act and the Financial Instruments and Exchange Act as risks.