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Menicon (7780) · RiskRestated

Medical Accidents and Regulatory Changes at Affiliated Ophthalmology Clinics

First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.

4entries
5years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2019 – FY20232019: 120192020: 020202021: 120212022: 120222023: 12023
Same theme, other companies
Medical incident and medical regulatory risks at affiliated ophthalmology clinicsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Restated".

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  1. FY2023RestatedAnnual report

    「The Group makes every effort to comply fully with laws and regulations and recognizes that, although the possibility of this risk materializing is low, it is a significant risk that could develop into an extremely serious problem if laws or regulations are violated.」

    The risk of medical errors at affiliated ophthalmology clinics and legal risks concerning medical practice and nonprofit status continue to be disclosed.
  2. FY2022RestatedAnnual report

    「The Group makes every effort to comply fully with laws and regulations and recognizes that, although the possibility of this risk materializing is low, it is a significant risk that could develop into an extremely serious problem if laws or regulations are violated.」

    The risk of medical errors at affiliated ophthalmology clinics and changes in the interpretation of laws and regulations concerning medical practice and nonprofit status continues to be disclosed.
  3. FY2021RestatedAnnual report

    「However, if a medical error were to occur on the part of a physician at an affiliated ophthalmology clinic, the Group's credibility could decline, affecting its financial position and operating results.」

    The risks associated with medical errors at affiliated ophthalmology clinics, changes in the interpretation of laws and regulations, and ensuring nonprofit status continue to be disclosed.
  4. FY2019First statedAnnual report

    「If a medical error were to occur on the part of a physician at an affiliated ophthalmology clinic, the Group's credibility could decline, affecting its financial position and operating results. In addition, if future amendments to laws or regulations, or changes in their interpretation, require the Group to take some action in its relationship with physicians or medical corporations operating ophthalmology clinics, this could affect business operations, financial position and operating results.」

    The Company newly provides details on the risks associated with medical errors at affiliated ophthalmology clinics, the establishment and continued operation of clinics, and changes in the interpretation of laws and regulations concerning medical practice and nonprofit status, as risks related to retail operations.
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Medical Accidents and Regulatory Changes at Affiliated Ophthalmology Clinics | Menicon Co.,Ltd. (7780) | Komori