Risks from regulatory changes and legal compliance costs
First written in FY2016. 19 of 20 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
57 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2021RestatedAnnual report
「Our Group recognizes the importance of appropriate internal controls, including compliance, and has established and operates the relevant systems. Specifically, in addition to establishing common corporate conduct guidelines for Japan and overseas and working to ensure that they are thoroughly communicated, we are strengthening our compliance framework by establishing an internal whistleblowing system available to all Group employees, including those overseas.」
The compliance framework addressing regulatory changes and legal compliance risks continues to include common conduct guidelines and an internal whistleblowing system for all Group employees. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the existing risks from regulatory changes and legal compliance costs. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2018RestatedAnnual report
「Although our Group has established and operates appropriate internal control systems, including compliance systems, changes in laws and regulations in regions around the world may make compliance difficult. The possibility of violations of laws and regulations occurring in the future cannot be ruled out, and additional costs may arise in order to ensure compliance.」
The risks of difficulty in compliance, violations of laws and regulations, and additional costs resulting from regulatory changes, as well as the operation of internal controls, continue to be disclosed. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes are reported regarding the risks from regulatory changes and legal compliance costs. - FY2017RestatedAnnual report
「Although our Group has established and operates appropriate internal control systems, including compliance systems, changes in laws and regulations in regions around the world may make compliance difficult. The possibility of violations of laws and regulations occurring in the future cannot be ruled out, and additional costs may arise in order to ensure compliance.」
The existing risks of difficulty in compliance, violations of laws and regulations, and additional costs resulting from regulatory changes continue to be disclosed. - FY2016First statedAnnual report
「Although our Group has established and operates appropriate internal control systems, including compliance systems, changes in laws and regulations in regions around the world may make compliance difficult. The possibility of violations of laws and regulations occurring in the future cannot be ruled out, and additional costs may arise in order to ensure compliance.」
Although internal controls are in operation, the disclosure states that changes in laws and regulations in each region may make compliance difficult and may result in additional costs.