Business Risks Arising from Changes in Laws, Regulations and Permits
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2019.
FinTech Global moved to the "Worse" side of this theme in 2019.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「In the entertainment services business, Metsä Village, which operates various commercial facilities, opened in November 2018, followed by the opening of Moominvalley Park, a theme park, in March 2019. The principal laws and regulations applicable to these facilities include the Fire Service Act, the Building Standards Act, the Food Sanitation Act and the Act on the Protection of Personal Information.」
In addition to the regulations applicable to investment banking and real estate, the company identified risks relating to facilities, food and personal information in the operation of Metsä, as well as risks of complaints, litigation and reputational damage. - FY2017RestatedAnnual report
「The enactment, amendment or repeal of future laws and regulations, or changes in the authorities' interpretation of laws and regulations, may alter the scope of the Group's businesses, the costs required to conduct its operations and business risks, potentially affecting business performance and the continuation of its operations.」
The company continues to disclose the risk that changes in regulations, licences and regulatory interpretations may affect the scope of its businesses, costs, performance and continuity. - FY2016First statedAnnual report
「The enactment, amendment or repeal of future laws and regulations, or changes in the authorities' interpretation of laws and regulations, may alter the scope of the Group's businesses, the costs required to conduct its operations and business risks, potentially affecting business performance and the continuation of its operations.」
The company states that changes to or changes in the interpretation of regulations and licences, including the Financial Instruments and Exchange Act, the Act on Specified Joint Real Estate Ventures and the Building Lots and Buildings Transaction Business Act, may affect the scope, costs and continuity of its businesses.