Risk of New Legal Regulations and Changes in Legal Interpretation
First written in FY2016. 9 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
57 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2024RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2023RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2022RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2021RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2020RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2019RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2018RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
Reaffirmed the possibility of an impact from future regulation, changes in legal interpretation and the relaxation of regulations governing other companies' businesses. - FY2017RestatedAnnual report
「However, if new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
While stating that the current business is not subject to legal regulations, reaffirmed the risks of future regulation and changes in legal interpretation. - FY2016First statedAnnual report
「If new legal regulations governing our business are enacted in the future, the interpretation of existing laws changes due to changes in the external environment, or regulations governing services provided by other companies are relaxed, our group's business performance could be affected by changes to our business model and intensified competition.」
While currently determining that the business is not subject to industry-specific regulations, identifies future regulatory and interpretive changes as risks.