Compliance Costs and Operating Suspensions Related to Legal and Food Hygiene Regulations
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「In addition, under the Food Recycling Act, the Group is required to promote the recycling of food waste and other materials, including waste prevention, recycling and reduction. This may result in additional costs for capital investment and changes to recyclable packaging materials and equipment.」
The company reconfirmed the risk of capital investment and costs for changes to packaging materials related to compliance with the Food Recycling Act and other regulations. - FY2022RestatedAnnual report
「In addition, under the Food Recycling Act, the Group is required to promote the recycling of food waste and other materials, including waste prevention, recycling and reduction. This may result in additional costs for capital investment and changes to recyclable packaging materials and equipment.」
The company reconfirmed the risk of operating suspensions related to compliance with the Food Sanitation Act and Food Recycling Act, as well as the risk of additional costs for equipment, packaging materials and other items. - FY2020First statedAnnual report
「In particular, the company is subject to the Food Sanitation Act and has rigorously implemented measures to prevent food poisoning, foreign-material contamination and other problems before they occur. However, if a serious hygiene problem arises and the company is ordered to prohibit operations or suspend operations for a specified period, this may affect its business performance. In addition, under the Food Recycling Act, the company is required to promote the recycling of food waste and other materials, including waste prevention, recycling and reduction. This may result in additional costs for capital investment and changes to recyclable packaging materials and equipment.」
The company newly specified the risk of operating prohibitions and suspensions under the Food Sanitation Act, as well as the costs of capital investment and changes to packaging materials and other items required to comply with the Food Recycling Act.