Changes in Laws and Regulations
First written in FY2017. 1 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2022Regulatory details updatedAnnual report
「○Other legal regulations: New response costs may arise from amendments to various laws and regulations, including the Antimonopoly Act, food safety management requirements, and the Labor Standards Act, changes in health insurance premium rates, or changes in customary business practices.」
The legal and institutional change risks are organized around specific factors, including the Antimonopoly Act, food safety management, the Labor Standards Act, health insurance premium rates, and changes in customary business practices. - FY2020Regulatory details updatedAnnual report
「Although the consumption tax rate was raised in October 2019, a further increase in the future is expected to adversely affect private consumption. In addition, the abolition of the reduced tax rate and increased system changeover costs following the end of the temporary relaxation period for mandatory total-price display, among other factors, may have a material impact on the Group's business performance and financial condition.」
Following the consumption tax rate increase, a future further increase, abolition of the reduced tax rate, and the end of the relaxation period for the mandatory total-price display requirement are identified as new institutional risks. - FY2020-Q3MaterialisedAnnual report
「The consumption tax increase implemented in October 2019 has caused changes in consumer purchasing trends.」
Regarding the consumption tax increase, which had previously been described as scheduled or as having an implementation date, the disclosure now states that it was actually implemented and caused changes in purchasing trends. - FY2020-Q2Specified the implementation timingAnnual report
「There are concerns that the consumption tax increase to be implemented in October 2019 may affect consumer spending trends, among other factors.」
Regarding the consumption tax increase, the timing has been specified as implementation in October 2019, rather than the previous description that it was scheduled for this autumn. - FY2020-Q1RestatedAnnual report
「There are concerns that the consumption tax increase scheduled for this autumn may affect consumer spending trends, among other factors.」
The institutional risk that the scheduled consumption tax increase will affect consumer spending trends continues to be described. - FY2018Specified the institutional risksAnnual report
「The consumption tax increase scheduled for October 2019 is expected to adversely affect private consumption. In addition, the adoption of a reduced tax rate and increased system changeover costs following the end of the temporary relaxation period for mandatory total-price display, among other factors, may have a material impact on the Group's business performance and financial condition.」
The legal and institutional change risks are described specifically, including the scheduled timing of the consumption tax increase, the reduced tax rate, the end of the mandatory total-price display requirement, and system changeover costs. - FY2017First statedAnnual report
「Changes in tax laws, the Minimum Wage Act, the adoption of International Financial Reporting Standards or other legal and regulatory requirements may result in additional compliance costs and thereby affect the Group's business performance and financial condition.」
Groups changes in consumption tax and reduced tax rates, minimum wages, International Financial Reporting Standards, food safety and labor-related laws as regulatory risks.