Violations of, and Stricter Requirements under, the Railway Business Act and Other Regulations
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「At present, there are no facts or other circumstances that violate the Act, and no factors have arisen that would impede the continuation of the railway business.」
The current absence of violations of the Railway Business Act and the risks of business suspension and license revocation in the event of a violation continue to be disclosed. - FY2022RestatedAnnual report
「At present, there are no facts or other circumstances that violate the Act, and no factors have arisen that would impede the continuation of the railway business. However, if the Act is violated and the Minister of Land, Infrastructure, Transport and Tourism orders the suspension of the business or revokes its license, business activities may be materially affected.」
The current absence of violations of the Railway Business Act is shown, while regulatory risks such as business suspension and license revocation continue to be disclosed. - FY2016First statedAnnual report
「If these legal regulations are tightened, the Group's performance and financial position may be adversely affected, including through higher costs required to comply with the regulations.」
Identified higher compliance costs under laws and regulations, including the Railway Business Act, as a risk.