Stricter food-safety and environmental regulations and restrictions on 24-hour operations
First written in FY2017. 5 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 3 of 11 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if the costs associated with regulatory compliance increase, including as a result of tighter regulations, this could adversely affect operating results and the financial position. In addition, if legal restrictions are imposed on operating hours, store locations or other areas, or if logistics costs rise as a result of laws relating to work-style reform, this could adversely affect the Group’s operating results and financial position.」
Food sanitation and environmental regulations, regulations on operating hours and store locations, and increases in logistics costs resulting from laws relating to work-style reform continue to be identified as risks. - FY2024WorsenedAnnual report
「However, if the costs associated with regulatory compliance increase, including as a result of tighter regulations, this could adversely affect operating results and the financial position. In addition, if legal restrictions are imposed on operating hours, store locations or other areas, or if logistics costs rise as a result of laws relating to work-style reform, this could adversely affect the Group’s operating results and financial position.」
In addition to the existing food sanitation, environmental and operating-hours regulations, the increase in logistics costs resulting from laws relating to work-style reform was explicitly identified as a risk. - FY2022RestatedAnnual report
「The convenience store business operated by the Group is subject to various legal regulations, including the Food Sanitation Act and laws and regulations relating to the environment and recycling, and the Group is working to comply with all legal regulations. However, if the costs associated with regulatory compliance increase, including as a result of tighter regulations, this could adversely affect operating results and the financial position. In addition, if legal restrictions are imposed on operating hours, store locations or other areas, this could adversely affect the Group’s operating results and financial position.」
The risks associated with food sanitation and environmental regulations, as well as regulations on operating hours and store locations, continue to be identified. - FY2021RestatedAnnual report
「The convenience store business operated by the Group is subject to various legal regulations, including the Food Sanitation Act and laws and regulations relating to the environment and recycling, and the Group is working to comply with all legal regulations. However, if the costs associated with regulatory compliance increase, including as a result of tighter regulations, this could adversely affect operating results and the financial position.」
The possibility of laws and regulations concerning food sanitation, the environment and recycling, as well as operating hours and store locations, continues to be identified as a risk. - FY2019RestatedAnnual report
「In addition, the convenience store business is based on 24-hour operations, and if legal restrictions are imposed on operating hours, store locations or other areas, this could adversely affect the Group’s operating results and financial position.」
In addition to food sanitation and environmental regulations, the possibility of laws and regulations concerning 24-hour operations and store locations continues to be identified as a risk. - FY2018RestatedAnnual report
「In addition, the convenience store business is based on 24-hour operations, and if legal restrictions are imposed on operating hours, store locations or other areas, this could adversely affect the Group’s operating results and financial position.」
In addition to food sanitation and environmental regulations, the possibility of regulations on 24-hour operations and store locations continues to be identified as a risk. - FY2017First statedAnnual report
「The convenience store business operated by our Group is subject to various legal regulations, including the Food Sanitation Act and laws and regulations relating to the environment and recycling. However, if the costs associated with regulatory compliance increase, including as a result of tighter regulations, operating results and financial position may be adversely affected.」
In addition to the costs of complying with food sanitation, environmental and recycling laws and regulations, the possibility of regulations concerning operating hours and store-opening regions is identified as a risk.