Risks associated with legal regulations across multiple industries
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「The Group recognizes legal compliance as an extremely important corporate responsibility and is working to ensure thorough compliance by strengthening its compliance framework, although legal regulations and other requirements that cannot currently be foreseen may be introduced in the future.」
The company describes strengthening its compliance framework and ensuring thorough legal compliance in response to regulatory risks across multiple industries. - FY2019RestatedAnnual report
「The Group operates across a wide range of businesses and is subject to various laws and regulations, including the Oil Stockpiling Act, High Pressure Gas Safety Act, Fire Service Act, Food Labeling Act, Construction Business Act, Pharmacists Act, Act against Unjustifiable Premiums and Misleading Representations, and Subcontract Act. Legal regulations and other requirements that cannot currently be foreseen may be introduced in the future, and if the Group fails to respond appropriately, this could affect its financial position and operating results through damage to its social credibility caused by administrative guidance and other consequences.」
The risks associated with regulations across multiple industries and inadequate responses to unforeseeable regulations remain identified. - FY2018RestatedAnnual report
「The Group operates across a wide range of businesses and is subject to various laws and regulations, including the Petroleum Business Act, High Pressure Gas Safety Act, Fire Service Act, Food Labeling Act, Construction Business Act, Pharmacists Act, Act against Unjustifiable Premiums and Misleading Representations, and Subcontract Act. Legal regulations and other requirements that cannot currently be foreseen may be introduced in the future, and if the Group fails to respond appropriately, this could affect its financial position and operating results through damage to its social credibility caused by administrative guidance and other consequences.」
The risks associated with regulations across multiple industries and inadequate responses to unforeseeable regulations remain identified. - FY2017RestatedAnnual report
「The Group operates across a wide range of businesses and is subject to various laws and regulations, including the Petroleum Business Act, High Pressure Gas Safety Act, Fire Service Act, Food Labeling Act, Construction Business Act, Pharmacists Act, Act against Unjustifiable Premiums and Misleading Representations, and Subcontract Act. Legal regulations and other requirements that cannot currently be foreseen may be introduced in the future, and if the Group fails to respond appropriately, this could affect its financial position and operating results through damage to its social credibility caused by administrative guidance and other consequences.」
The risks associated with regulations across multiple industries and inadequate responses to unforeseeable regulations remain identified. - FY2016First statedAnnual report
「The Group operates across a wide range of businesses and is subject to various laws and regulations, including the Petroleum Business Act, High Pressure Gas Safety Act, Fire Service Act, Food Labeling Act, Construction Business Act, Pharmacists Act, Act against Unjustifiable Premiums and Misleading Representations, and Subcontract Act.」
The company identifies as risks the impact on credibility and operating results from unforeseeable future regulations and inadequate responses to them.