Railway fare regulation and other legal and regulatory changes
First written in FY2016. 16 of 17 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including railway fare regulation and other changes in laws and regulations. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including railway fare regulation and other changes in laws and regulations. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including railway fare regulation and other changes in laws and regulations. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new developments or significant changes regarding major business and other risks, including railway fare regulation and other changes in laws and regulations. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended 31 December. In addition, there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2018RestatedAnnual report
「The Group's businesses other than its railway business are also subject to various laws, regulations and other requirements. If these regulations undergo significant changes, the Group's business activities may be restricted, and costs may be incurred to comply with laws, regulations and disclosure systems, potentially affecting the Group's operating performance and financial condition.」
The risks of business restrictions and compliance costs arising from railway fare regulation and other changes in laws and regulations are reaffirmed. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2017RestatedAnnual report
「These regulations may restrict the Company's business activities and affect its operating performance and financial condition. In addition, the Group's businesses other than its railway business are subject to various laws, regulations and other requirements. If these regulations undergo significant changes, the Group's business activities may be restricted, and costs may be incurred to comply with laws, regulations and disclosure systems, potentially affecting the Group's operating performance and financial condition.」
The risks of business restrictions and compliance costs arising from railway fare regulation and other changes in laws and regulations are reaffirmed. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no new developments or significant changes regarding the risks associated with railway fare regulation and other legal and regulatory changes. - FY2016First statedAnnual report
「These regulations may restrict the Company's business activities and affect its operating performance and financial condition. In addition, the Group's businesses other than its railway business are subject to various laws, regulations and other requirements.」
Changes in laws and regulations, including the railway fare approval system, and compliance costs are identified as risks.