Stronger Legal Regulations and Compliance Costs
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 4 of 19 companies on the "Worse" side.
46 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「In operating our business, we are subject to various legal and other regulations, including the Act on Specified Commercial Transactions, the Act on the Protection of Personal Information, the Act against Unjustifiable Premiums and Misleading Representations, laws concerning waste disposal, the Telecommunications Business Act, environmental laws and the Product Liability Act. These regulations may be strengthened in the future.」
The risk of tighter legal regulations and increased compliance burdens and costs continues. - FY2019RestatedAnnual report
「In operating our business, we are subject to various legal and other regulations, including the Act on Specified Commercial Transactions, the Act on the Protection of Personal Information, the Act against Unjustifiable Premiums and Misleading Representations, laws concerning waste disposal, the Telecommunications Business Act, environmental laws and the Product Liability Act. These regulations may be strengthened in the future.」
The risk of tighter legal regulations and increased compliance burdens and costs continues. - FY2018First statedAnnual report
「In operating our business, we are subject to various legal and other regulations, including the Act on Specified Commercial Transactions, the Act on the Protection of Personal Information, the Act against Unjustifiable Premiums and Misleading Representations, laws concerning waste disposal, the Telecommunications Business Act, environmental laws and the Product Liability Act. These regulations may be strengthened in the future.」
The Company identifies the compliance burden, higher costs and restrictions on business activities arising from regulatory changes as risks.