Legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws
First written in FY2020. 14 of 18 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Specificity added to permit revocation and reputational risksAnnual report
「If inappropriate conduct occurs at the company, or if negative media coverage results from violations of laws and regulations, administrative sanctions or complaints arising from telephone sales or other sales methods used by the company or other companies in the same industry, or if rumors spread through social media and other channels, this may damage the image of the industry as a whole, reduce the number of orders and contracts, and prevent the company from achieving its expected sales, thereby affecting its business performance and financial position.」
The company provides greater detail on the channels through which violations of laws and regulations and administrative sanctions may lead to a decline in the industry's image due to negative media coverage or reputational damage on social media, followed by a decline in the number of orders and contracts. It also describes the business impact of circumstances giving rise to the revocation of permit registrations. - FY2025RestatedAnnual report
「To comply with these laws and regulations, we provide thorough training on compliance, sales manuals and other matters, and have established systems for obtaining information on legal and regulatory amendments internally and through our legal advisers and others.」
The company continues to address the Electricity Business Act, Gas Business Act, Construction Business Act, Act on the Protection of Personal Information and other laws, provide training, and maintain systems for gathering information on legal amendments. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2024RestatedAnnual report
「To comply with these laws and regulations, we provide thorough training on compliance, sales manuals and other matters, and have established systems for obtaining information on legal and regulatory amendments internally and through our legal advisers and others.」
The company continues to comply with the Electricity Business Act and Gas Business Act, provide training, and maintain systems for gathering information on legal amendments. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2023RestatedAnnual report
「To comply with these laws and regulations, we provide thorough training on compliance, sales manuals and other matters, and have established systems for obtaining information on legal and regulatory amendments internally and through our legal advisers and others.」
The company continues to address the Electricity Business Act, Gas Business Act, Construction Business Act, Act on the Protection of Personal Information and other laws, and maintains systems for training and gathering information on legal amendments. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2022WorsenedAnnual report
「The company expects the business environment surrounding its electricity and gas businesses and energy policy to change in the future. If institutional changes or other measures not anticipated by the company are introduced, this may affect its business performance and financial position.」
In addition to existing regulations under the Electricity Business Act, Gas Business Act and other laws, the company explicitly identifies the possibility of an impact from future institutional design and changes in energy policy. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2021Specificity added to controls covering sales agenciesAnnual report
「We also make regular visits to and conduct training for agencies, and work to ensure that neither our employees nor agencies engage in conduct that violates laws and regulations.」
The company has expanded the scope of its response to legal and regulatory risk to include sales agencies and describes a compliance framework involving regular visits and training. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company comprehensively states that there have been no material changes in legal and regulatory risk under the Electricity Business Act, Gas Business Act and other laws. - FY2020First statedAnnual report
「In conducting our business, we are subject to various public regulations, including business licenses and permits, as well as the Act on Specified Commercial Transactions, Consumer Contract Act, Product Liability Act (PL Act), Electricity Business Act, Gas Business Act and Act on the Protection of Personal Information.」
The company identifies multiple channels of impact, including violations of laws and regulations, administrative sanctions, revocation of permits and licenses, and lower orders due to reputational damage.