Legal and Regulatory Risks under the Insurance Business Act and License Risks
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2025.
Anicom Holdings moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「In addition, if any of the group’s businesses violate relevant laws and regulations, including the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade and the Act on Welfare and Management of Animals, reputational risk may materialize and the continuation of the business may be disrupted.」
The company explicitly identified legal risks across its businesses, including the Antimonopoly Act, laws and regulations concerning fair trade, and the Act on Welfare and Management of Animals, in addition to the Insurance Business Act and other existing regulations. - FY2019RestatedAnnual report
「If the solvency margin ratio falls below the prescribed level and the Financial Services Agency implements early corrective action, the company may be ordered to submit an improvement plan to ensure sound management or to suspend all or part of its operations for a specified period.」
The company continues to disclose regulatory risks, including revocation of its insurance license, suspension of operations and early corrective action if the solvency margin ratio declines. - FY2017First statedAnnual report
「Although the license to conduct non-life insurance business has no expiry date, the company may have its license revoked or be ordered to suspend operations under Articles 133 and 134 of the Insurance Business Act if it falls under any of the following circumstances.」
The company identifies as risks the potential revocation of its non-life insurance license or suspension of operations due to violations of laws and regulations, conduct detrimental to the public interest, significant deterioration in its financial condition and other factors.