Business Constraints Resulting from Legal and Regulatory Changes and Consumption Tax Rate Increases
First written in FY2017. 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
「In addition, personal consumption could deteriorate due to increases in the consumption tax rate and other changes resulting from tax reforms. In that event, sales could decline and the Group's results of operations could be affected.」
The risks of compliance costs for legal regulations and deterioration in personal consumption due to increases in the consumption tax rate were reiterated. - FY2018RestatedAnnual report
「In addition, personal consumption could deteriorate due to increases in the consumption tax rate and other changes resulting from tax reforms. In that event, sales could decline and the Group's results of operations could be affected.」
The risks of compliance costs for legal regulations and deterioration in personal consumption due to increases in the consumption tax rate were reiterated. - FY2017First statedAnnual report
「Failure to comply with these laws and regulations could restrict the Group's activities and result in costs, potentially affecting the Group's results of operations. In addition, personal consumption could deteriorate due to increases in the consumption tax rate and other changes resulting from future tax reforms.」
Risks relating to consumer contracts, product liability, antitrust, large-scale retail stores, fire prevention, environmental and recycling regulations, and the consumption tax system were disclosed.