Changes to or Abolition and Revocation of Permits, Approvals, Laws and Regulations
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 3 of 8 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If these laws or ordinances are amended, abolished or replaced, or new laws are enacted, the Group's operating performance could be affected by additional compliance costs, extended review periods by the relevant authorities and other factors.」
The risks associated with changes to or abolition of licences, permits, laws and ordinances, compliance costs and extended review periods continue to be disclosed. - FY2020RestatedAnnual report
「If these laws or ordinances are amended, abolished or replaced, or new laws are enacted, the Group's operating performance could be affected by additional compliance costs, extended review periods by the relevant authorities and other factors.」
The risk of changes to or abolition of licences, permits, laws and ordinances, as well as extended review periods, continues to be disclosed. - FY2017First statedAnnual report
「The Group operates under licences and permits pursuant to the Real Estate Brokerage Act, Construction Business Act, Architect Act and other laws, and is also subject to various laws, ordinances and other regulations relating to residential land development and building construction. If these laws or ordinances are amended, abolished or replaced, or new laws are enacted, the Group's operating performance could be affected by additional compliance costs, extended review periods by the relevant authorities and other factors.」
The company disclosed the risks associated with licences and permits under the Real Estate Brokerage Act, Construction Business Act, Architect Act and other laws, as well as amendments to or abolition of related laws and ordinances, compliance costs and extended review periods.