Impact on Performance from Violations of Laws and Regulations and Amendments to Laws and Tax Systems
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 9 of 23 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Despite efforts to instill a strong compliance culture internally, if a legal violation occurs and results in claims for damages or other issues, or if laws are amended, the Group's performance could be affected depending on the substance of the violation or amendment.」
Continues to identify the risks of claims for damages and business impact resulting from legal violations and legal amendments. - FY2017RestatedAnnual report
「Despite efforts to instill a strong compliance culture internally, if a legal violation occurs and results in claims for damages or other issues, or if laws are amended, the Group's performance could be affected depending on the substance of the violation or amendment.」
Reiterates the risks of claims for damages and business impact resulting from legal violations and legal amendments. - FY2016First statedAnnual report
「However, despite efforts to instill a strong compliance culture internally, if a legal violation occurs and results in claims for damages or other issues, or if laws are amended, the Group's performance could be affected depending on the substance of the violation or amendment.」
While stating its commitment to compliance with laws and regulations such as the Act against Unjustifiable Premiums and Misleading Representations, the Antimonopoly Act, the Subcontract Act and the Act on the Protection of Personal Information, identifies violations and legal amendments as risks. It separately describes tax reforms, particularly the potential stagnation of personal consumption following a consumption tax increase.