Repeal, Revision or Enactment of Laws and Regulations
First written in FY2017. 6 of 11 entries say "Restated". Latest entry: FY2026.
Eidai moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2025: 8 of 29 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the housing industry, although the effects of the narrowing of the No. 4 exemption following amendments to the Building Standards Act and mandatory compliance with energy-efficiency standards are expected to gradually ease, we expect the number of new housing starts to remain low because sentiment toward home purchases continues to deteriorate due to rising home prices and mortgage interest rates.」
The company indicated that the effects of the narrowing of the No. 4 exemption and mandatory compliance with energy-efficiency standards would gradually ease, but expects housing starts to remain at low levels. - FY2026-H1WorsenedAnnual report
「In the housing industry, in addition to lower consumer appetite for home purchases due to rising housing prices and mortgage rates, among other factors, new housing starts remained sluggish due to the contraction of the No. 4 special provision following revisions to the Building Standards Act and the impact of mandatory compliance with energy-efficiency standards.」
In addition to existing regulatory risks, the company specifically identified the narrowing of the No. 4 exemption following amendments to the Building Standards Act and mandatory compliance with energy-efficiency standards as factors contributing to weak housing starts. - FY2025WorsenedAnnual report
「In the housing industry, consumer appetite for home purchases has declined due to rising housing prices and mortgage rates, among other factors. In addition, the contraction of the No. 4 special provision following revisions to the Building Standards Act is expected to keep new housing starts sluggish.」
As a specific example of regulatory risk, the company explicitly stated that the narrowing of the No. 4 exemption following amendments to the Building Standards Act may affect housing starts and the business environment. - FY2024WorsenedAnnual report
「Various laws and regulations apply to the Group’s business, including the Building Standards Act, the Act on Promotion of Quality Assurance in Housing, and the Act on the Protection of Personal Information. If relevant laws and regulations are amended, repealed or newly enacted, or if companies in the Group’s supply chain become subject to strengthened regulation, as in the “2024 problem” in the logistics and transportation industries, the Group’s operating results and financial position may be affected.」
In addition to existing regulatory risks, the company explicitly stated that strengthened regulation of companies in the supply chain, including the “2024 problem” in the logistics and transportation industries, may affect operating results and financial position. - FY2019-Q2RestatedAnnual report
「There were no significant changes or newly emerging risks relating to the Group’s business or other activities during the cumulative second quarter.」
The company concluded that there had been no material changes or newly arising risks concerning the risk of laws and regulations being amended, repealed or newly enacted. - FY2019-Q1RestatedAnnual report
「There were no significant changes or newly emerging risks relating to the Group’s business or other activities during the cumulative first quarter.」
The company concluded that there had been no material changes or newly arising risks concerning the risk of laws and regulations being amended, repealed or newly enacted. - FY2018RestatedAnnual report
「Various laws and regulations apply to the Group’s business, including the Building Standards Act, the Act on Promotion of Quality Assurance in Housing, and the Act on the Protection of Personal Information.」
The company continues to disclose the risk that laws and regulations, including the Building Standards Act, the Act on Promotion of Quality Assurance in Housing, and the Act on the Protection of Personal Information, may be amended, repealed or newly enacted. - FY2018-Q3RestatedAnnual report
「There were no significant changes or newly emerging risks relating to the Group’s business or other activities during the cumulative third quarter.」
The company concluded that there had been no material changes or new risks concerning the risk of laws and regulations being amended, repealed or newly enacted. - FY2018-Q2RestatedAnnual report
「There were no significant changes or newly emerging risks relating to the Group’s business or other activities during the cumulative second quarter.」
The company concluded that there had been no material changes or newly arising risks concerning the risk of laws and regulations being amended, repealed or newly enacted. - FY2018-Q1RestatedAnnual report
「There were no significant changes or newly emerging risks relating to the Group’s business or other activities during the cumulative first quarter.」
The company concluded that there had been no material changes or newly arising risks concerning the risk of laws and regulations being amended, repealed or newly enacted. - FY2017First statedAnnual report
「If relevant laws and regulations are amended, repealed or newly enacted, they may affect the Group’s operating results and financial position.」
The company has disclosed the risk that laws and regulations, including the Building Standards Act, the Act on Promotion of Quality Assurance in Housing, and the Act on the Protection of Personal Information, may be amended, repealed or newly enacted.