Risk of Amendments to or Enactment of Real Estate and Construction-Related Laws and Regulations
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Amendments to or the introduction of these regulations in the future may affect business performance.」
We continue to disclose the risk of amendments to or the introduction of real estate- and construction-related laws and regulations. - FY2019RestatedAnnual report
「Amendments to or the introduction of these regulations in the future may affect business performance.」
We continue to disclose the risk of amendments to or the introduction of real estate- and construction-related laws and regulations. - FY2018First statedAnnual report
「The real estate industry in which our Group operates is subject to legal regulations, including the National Land Use Planning Act, the Building Lots and Buildings Transaction Business Act, the City Planning Act, the Building Standards Act, the Construction Business Act and the Act on Promotion of Quality Assurance in Housing. Amendments to or the introduction of these regulations in the future may affect business performance.」
The disclosure lists multiple real estate- and construction-related laws and regulations and identifies the potential impact of amendments or new legislation on business performance as a risk.