Risk of Changes to Business Licenses and Legal Regulations
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Maintaining the various business licences and complying with regulations are strengths in promoting the business, but changes in licensing standards that are difficult to predict, deregulation and other factors may affect the Group's operating results and financial position through an increase in competitors and intensified price competition.」
The risk of intensified competition due to changes in business licences and regulations, as well as deregulation, continues to be disclosed. - FY2021RestatedAnnual report
「Maintaining the various business licences and complying with regulations are strengths in promoting the business, but changes in licensing standards that are difficult to predict, deregulation and other factors may affect the Group's operating results and financial position through an increase in competitors and intensified price competition.」
The risk of intensified competition due to changes in the various licences and regulations for logistics and plant engineering, as well as deregulation, continues to be disclosed. - FY2017RestatedAnnual report
「Changes in licensing standards that are difficult to predict, deregulation and other factors may affect the Group's operating results and financial position through an increase in competitors and intensified price competition.」
The risk of intensified competition due to changes in business licences and regulations continues to be disclosed as before. - FY2016First statedAnnual report
「Changes in licensing standards that are difficult to predict, deregulation and other factors may affect the Group's operating results and financial position through an increase in competitors and intensified price competition.」
Changes in standards and deregulation relating to the various licences and regulations required for logistics and plant engineering are identified as risks.