Risk of Changes to Laws, Licenses and Registrations
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2021.
2 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Future changes in laws, regulations, policies and business practices may affect the operations and performance of our group.」
The company continues to disclose business continuity risks related to changes in laws and regulations and to registrations and licences. - FY2019RestatedAnnual report
「To continue its business, the company is registered with the Kanto Bureau of Economy, Trade and Industry under the relevant laws as an individual credit-purchase intermediary, a comprehensive credit-purchase intermediary and a business operator entering into contracts for the handling of credit card numbers and other information. If, for any reason, these registrations cannot be renewed in the future or become subject to grounds for revocation, the continuity of the business may be affected.」
The company continues to disclose the risks associated with changes in laws and regulations and the inability to renew registrations, and in March 2019 it also disclosed its registration as a business operator entering into contracts for the handling of credit card numbers and other information. - FY2017First statedAnnual report
「Future changes in laws, regulations, policies and business practices may affect the operations and performance of our group. If, for any reason, these registrations cannot be renewed in the future or become subject to grounds for revocation, the continuity of our business may be affected.」
In addition to regulatory changes under the Installment Sales Act, the Investment Act, the Interest Rate Restriction Act and the Money Lending Business Act, the company identifies the inability of individual credit-purchase intermediary businesses and moneylenders to renew their registrations, or the revocation of those registrations, as risks to business continuity.