Regulatory Compliance and Regulatory Change Risk
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2024RestatedAnnual report
「Failure to comply with these laws and regulations could affect the Group's financial results and other matters through increased costs of addressing the issue. In addition, changes to existing laws and regulations or the introduction of new ones could restrict the Group's business activities or require investment to address them, potentially affecting its financial results and other matters.」
法規制の遵守、変更・追加に伴う事業制限や対応投資のリスクを再掲している。 - FY2023RestatedAnnual report
「また、現行の法規制の変更や新たな法規制などが追加された場合には、当社グループの事業活動が制限され、あるいはその他対応のための投資が必要になる等、当社グループの業績等に影響を及ぼす可能性があります。」
法規制の遵守、変更・追加に伴う事業制限や対応投資のリスクを再掲している。 - FY2020First statedAnnual report
「Failure to comply with these laws and regulations could affect the Group's financial results and other matters through increased costs of addressing the issue. In addition, changes to existing laws and regulations or the introduction of new ones could restrict the Group's business activities or require investment to address them, potentially affecting its financial results and other matters.」
The Company separately identifies the costs of noncompliance and the risk that regulatory changes or additions could restrict operations or require compliance investment.