Risk of Changes in Laws, Tax Rules, Accounting Standards and Other Regulations
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 2 of 12 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「To address changes to these systems, the Group collects information on their revision and abolition status and shares it with management. It also maintains an internal management framework, responds flexibly, and takes steps to minimise the impact on the Group.」
The disclosure continues to describe the risk of system changes and the response through information gathering, sharing with management and the internal management framework. - FY2019RestatedAnnual report
「Based on current legal, tax and accounting systems and standards, the Group provides comprehensive financial services, including leasing, rentals, instalment sales and lending. If these systems were to undergo substantial changes, they could affect the performance of the Group.」
The risk that changes to legal, tax and accounting systems could affect comprehensive financial services remains present. - FY2017RestatedAnnual report
「Based on current legal, tax and accounting systems and standards, the Group provides comprehensive financial services, including leasing, rentals, instalment sales and lending. If these systems were to undergo substantial changes, they could affect the performance of the Group.」
The risk that changes to systems and standards could affect comprehensive financial services continues to be disclosed. - FY2016First statedAnnual report
「If these systems were to undergo substantial changes, they could affect the performance of the Group.」
Changes to the systems underlying leasing, rentals, instalment sales and lending are identified as risks.