Legal and License-Cancellation Risks in the Real Estate Business
First written in FY2017. 22 of 25 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2025MitigatedAnnual report
「株式会社ランド Real Estate Brokerage Act Governor of Kanagawa Prefecture (3) No. 28966 16 October 2024 to 15 October 2029」
The validity period of the real estate brokerage license is stated as 16 October 2024 to 15 October 2029, and no grounds for license revocation currently exist. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2024-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2023-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2022RestatedAnnual report
「No grounds for revocation of the relevant license currently exist, but if grounds for revocation arise in the future for any reason, they may materially affect the Group’s performance.」
The risks relating to the validity period of and grounds for revocation of the real estate brokerage license have been reiterated as full-year business and other risks. The Company states that no grounds for license revocation currently exist. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2022-Q2RestatedAnnual report
「During the nine-month period of the current fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2021-Q2RestatedAnnual report
「During the nine-month period of the current fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2020RestatedAnnual report
「The Group’s business segments are subject to legal and regulatory restrictions under various laws, including the National Land Use Planning Act, Real Estate Brokerage Act, Building Standards Act, City Planning Act, Forest Act, Act on Securing Quality of Housing, and Financial Instruments and Exchange Act.」
The risk of amendments, enactment and repeal of laws and regulations and changes to systems relating to real estate and renewable energy-related investments has been reiterated as a full-year business and other risk. - FY2020-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks and risks related to changes in renewable energy-related systems and laws and regulations. - FY2020-Q2RestatedAnnual report
「During the nine-month period of the current fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes from the previous fiscal year regarding business and other risks, including real estate-related legal and regulatory and license revocation risks. - FY2019ReframedAnnual report
「In the Group’s renewable energy-related investment business, we invest using the Feed-in Tariff scheme for renewable energy. Accordingly, if relevant laws and regulations are amended following changes in national policies concerning renewable energy, the Group’s performance may be affected.」
The scope has been expanded beyond the existing real estate-related legal and regulatory and license revocation risks to explicitly include the risk of changes to the FIT scheme and national policies and related laws and regulations in the renewable energy business. - FY2019-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company provides a comprehensive statement that there have been no material changes from the previous fiscal year regarding legal and regulatory and license revocation risks in the real estate industry. - FY2019-Q2RestatedAnnual report
「During the nine-month period of the current fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company provides a comprehensive statement that there have been no material changes from the previous fiscal year regarding legal and regulatory and license revocation risks in the real estate industry. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company provides a comprehensive statement that there have been no material changes from the previous fiscal year regarding legal and regulatory and license revocation risks in the real estate industry. - FY2018RestatedAnnual report
「No grounds for revocation of the relevant license currently exist, but if grounds for revocation arise in the future for any reason, they may materially affect the Group’s performance.」
The risk relating to grounds for revocation of the real estate brokerage license has been reiterated, with the Company stating that no such grounds currently exist. - FY2018-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company provides a comprehensive statement that there have been no material changes from the previous fiscal year regarding legal and regulatory and license revocation risks in the real estate industry. No quantification or actual occurrence of the risks is indicated. - FY2018-Q2RestatedAnnual report
「During the nine-month period of the current fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company provides a comprehensive statement that there have been no material changes from the previous fiscal year regarding legal and regulatory and license revocation risks. No quantification or actual occurrence of the risks is indicated. - FY2017First statedAnnual report
「Pursuant to Article 3, paragraph 2 of the Real Estate Brokerage Act, the validity period of a license is stipulated as 5 years. Articles 66 and 67 of the Real Estate Brokerage Act set out the grounds for revocation, and if any such grounds apply, revocation of the license will be ordered.」
The amendment, enactment and repeal of laws and regulations applicable to the real estate industry, and grounds for revocation of a real estate brokerage license, have been listed separately for the first time as factors affecting performance.