Regulatory and Licensing Risks under the Wholesale Market Act and Other Laws
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 5 of 16 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If we violate the Wholesale Market Act or other laws and regulations, we may be subject to measures such as suspension of operations by the market operator.」
Risks, including suspension of operations, arising from violations of the Wholesale Market Act and other laws and regulations continue to be addressed through compliance, responses to inspections and monitoring. - FY2025RestatedAnnual report
「If we violate the Wholesale Market Act or other laws and regulations, we may be subject to measures such as suspension of operations by the market operator.」
Regulatory and licensing risks, including suspension of operations, arising from violations of the Wholesale Market Act and other laws and regulations, continue to be addressed through compliance, responses to inspections and monitoring. - FY2022WorsenedAnnual report
「Against this backdrop, the amended Wholesale Market Act came into force in June 2020, the amended Fisheries Act in December of the same year, and the Act on Ensuring the Proper Domestic Distribution and Importation of Specified Aquatic Animals and Plants and Other Matters (Act on Ensuring the Proper Distribution of Fisheries Products) will come into force in December 2022.」
In addition to the amended Wholesale Market Act and amended Fisheries Act, the Act on Ensuring the Proper Distribution of Fisheries Products, scheduled to come into force in December 2022, is identified, expanding the scope of measures required to address changes in the legal framework. - FY2021RestatedAnnual report
「If we violate the Wholesale Market Act or other laws and regulations, we may be subject to measures such as suspension of operations.」
The regulatory, licensing and approval risks, including suspension of operations, arising from violations of the Wholesale Market Act and other laws continue to be disclosed, with compliance, inspection response and monitoring described as countermeasures. - FY2020WorsenedAnnual report
「The amended Wholesale Market Act came into force on 21 June 2020, easing transaction rules and promoting more efficient distribution. This also created the possibility of developing markets with distinctive characteristics tailored to each market. The environment surrounding wholesale markets is expected to undergo various changes.」
The implementation of the amended Wholesale Market Act brought regulatory and market-environment changes into concrete form, including relaxed transaction rules and the development of distinctive characteristics for individual markets. - FY2019RestatedAnnual report
「If we violate the Wholesale Market Act or other relevant laws and regulations, we may be subject to measures imposed by the Minister of Agriculture, Forestry and Fisheries and the market operator, and our wholesale business license may also be revoked.」
The risks of regulation under the Wholesale Market Act and other laws, inspection and supervisory measures, license revocation, and amendments to laws and regulations continue to be reported. - FY2017RestatedAnnual report
「If we violate the Wholesale Market Act or other relevant laws and regulations, we may be subject to measures imposed by the Minister of Agriculture, Forestry and Fisheries and the market operator, and our wholesale business license may also be revoked.」
The risks of regulation under the Wholesale Market Act and other laws, inspection and supervisory measures, license revocation, and amendments to laws and regulations continue to be reported. - FY2016First statedAnnual report
「If we violate the Wholesale Market Act or other relevant laws and regulations, we may be subject to measures imposed by the Minister of Agriculture, Forestry and Fisheries and the market operator, and our wholesale business license may also be revoked.」
The risks of license revocation, inspection and supervisory measures, and impacts on the business and finances from amendments to laws and regulations are described.