Regulations under the Act on Specified Commercial Transactions, the Water Supply Act, the Electrical Construction Act and Other Laws
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company is subject to regulations under the Act on Specified Commercial Transactions, the Act against Unjustifiable Premiums and Misleading Representations, the Water Supply Act, the Electrical Installation Engineers Act and other laws and regulations.」
Risks arising from laws and regulations relating to the sale of residential equipment and installation services, and from the impact of legal amendments and changes in interpretation, remain. - FY2022RestatedAnnual report
「The Company is subject to regulations under the Act on Specified Commercial Transactions, the Act against Unjustifiable Premiums and Misleading Representations, the Water Supply Act, the Electrical Installation Engineers Act and other laws and regulations.」
Risks arising from laws and regulations relating to the sale of residential equipment and installation services, and from the impact of legal amendments and changes in interpretation, remain. - FY2021First statedAnnual report
「We are subject to regulations under the Act on Specified Commercial Transactions, the Act against Unjustifiable Premiums and Misleading Representations, the Water Supply Act, the Electrical Installation Work Act and other laws. However, the enactment of new regulations or amendments to, or changes in the interpretation of, existing laws and regulations may affect our business and performance.」
Multiple laws and regulations relating to the sale of residential equipment and installation services, along with the impact of legal amendments and changes in interpretation, were described.