Risk of Business Suspension and License and Permit Cancellation Due to Serious Accidents
First written in FY2018. 1 of 2 entries say "Worsened", first in FY2021. Latest entry: FY2021.
Sg Holdings moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「As regulations related to safe driving have recently been strengthened through measures including the Act Partially Amending the Railway Business Act and Other Acts to Improve Transportation Safety, commonly known as the Comprehensive Transportation Safety Act, transportation operators are increasingly expected to fulfill their social responsibility to ensure safety.」
The strengthening of safe-driving regulations and the growing social responsibility expected of transportation operators are explicitly indicated. - FY2018First statedAnnual report
「If a serious accident occurs, administrative sanctions such as suspension of vehicle use may be imposed, potentially forcing the suspension of part or all of the Group's business and reducing the Group's social credibility.」
The possibility that a serious accident in public-road transportation could lead to administrative sanctions, business suspension and revocation of licenses and permits is indicated.