Violations of Public Regulations Concerning Product Labeling, Procurement, Store Openings, and Other Matters
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 4 of 12 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group's provision of products and services is subject to the Act against Unjustifiable Premiums and Misleading Representations and other laws, procurement is subject to the Antimonopoly Act, the Subcontract Act, and other laws, and store openings and expansions are subject to various laws and regulations, including the Large-Scale Retail Stores Location Act.」
The company continues to address public regulations concerning product labeling, procurement, store openings and expansions through compliance training and its internal whistleblowing hotline. - FY2024RestatedAnnual report
「The Group's provision of products and services is subject to the Act against Unjustifiable Premiums and Misleading Representations and other laws, procurement is subject to the Antimonopoly Act, the Subcontract Act, and other laws, and store openings and expansions are subject to various laws and regulations, including the Large-Scale Retail Stores Location Act.」
The Company continues to address the risk of violations of government regulations concerning product labeling, procurement, store openings and expansions, as well as compliance measures. - FY2022RestatedAnnual report
「In response to the various laws and regulations applicable to the Group, the Group provides employees with information and training on legal compliance through compliance training and other programs. It has also established an internal reporting hotline to receive reports and whistleblowing from employees concerning legal violations or suspected violations, and works to prevent and detect violations at an early stage.」
The Company continues to prevent and detect legal violations at an early stage through compliance education and an internal reporting hotline. - FY2021MitigatedAnnual report
「In response to the various laws and regulations applicable to the Group, the Group provides employees with information and training on legal compliance through compliance training and other programs. It has also established an internal reporting hotline to receive reports and whistleblowing from employees concerning legal violations or suspected violations, and works to prevent and detect violations at an early stage.」
The Company describes measures to prevent and detect violations of government regulations at an early stage through compliance training, legal compliance education, and an internal reporting hotline. - FY2019RestatedAnnual report
「The Group's provision of products and services is subject to the Act against Unjustifiable Premiums and Misleading Representations and other laws, procurement is subject to the Antimonopoly Act, the Subcontract Act, and other laws, and store openings and expansions are subject to various regulations, including the Large-Scale Retail Stores Location Act. The Group has established an internal control organization and enforces legal compliance, but failure to comply with these regulations could affect its performance.」
The Company has reiterated the regulations concerning product labeling, procurement, store openings and expansions, as well as its policy of legal compliance through internal controls. - FY2018First statedAnnual report
「The Group's provision of products and services is subject to the Act against Unjustifiable Premiums and Misleading Representations and other laws, procurement is subject to the Antimonopoly Act, the Subcontract Act, and other laws, and store openings and expansions are subject to various regulations, including the Large-Scale Retail Stores Location Act. The Group has established an internal control organization and enforces legal compliance, but failure to comply with these regulations could affect its performance.」
The Company describes multiple regulations concerning product labeling, procurement, store openings and expansions, as well as the potential performance impact of non-compliance.