Business Restrictions Resulting from Tighter Environmental Regulations
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2024.
Okayamaken Freight Transportation moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The Group conducts its business in compliance primarily with the Motor Truck Transportation Business Act, the Freight Forwarding Business Act, and other applicable laws and regulations. In addition, as interest in environmental issues has grown in recent years, the Group has voluntarily pursued environmental measures, including introducing low-emission vehicles and thoroughly promoting eco-driving.」
The disclosure has shifted from the previous risk of business restrictions due to tighter environmental regulations to wording that includes compliance with laws and regulations related to freight transportation and thorough implementation of eco-driving. - FY2022RestatedAnnual report
「However, in the future, new legal regulations that cannot currently be foreseen may be introduced, or existing regulations may be tightened further.」
While introducing low-emission vehicles and promoting eco-driving, the Group continues to face the risk of business restrictions due to new or tighter environmental regulations. - FY2021RestatedAnnual report
「In the future, new legal regulations that cannot currently be foreseen may be introduced, or existing regulations may be tightened further.」
While introducing low-emission vehicles and promoting eco-driving, the Group continues to disclose the risk of business restrictions due to new or tighter environmental regulations. - FY2020RestatedAnnual report
「In the future, new legal regulations that cannot currently be foreseen may be introduced, or existing regulations may be tightened further.」
While pursuing environmental measures, the Group continues to disclose the risk of business restrictions if it fails to respond to new or tighter legal regulations. - FY2019First statedAnnual report
「As interest in environmental issues has grown in recent years, the Group has voluntarily pursued environmental measures, including introducing low-emission vehicles and promoting eco-driving. However, new legal regulations that cannot currently be foreseen may be introduced in the future, or existing regulations may be tightened further. If the Group fails to comply with these legal and other regulations, its business activities may be restricted, adversely affecting its operating results and financial position.」
The Group identifies as a risk the possibility that failure to respond to new or tighter environmental regulations could restrict business activities and adversely affect operating results.