Suspension or Revocation of Permits and Licenses and Tighter Regulations
First written in FY2018. 4 of 5 entries say "Materialised", first in FY2021. Latest entry: FY2026.
Sg Holdings moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Company's consolidated subsidiary ＳＧＨグローバル・ジャパン株式会社 received administrative sanctions revoking its customs clearance business license and its bonded warehouse license.」
Regarding the risk of license and permit suspension or revocation, it is stated that SGHグローバル・ジャパン received sanctions revoking its customs clearance business and bonded warehouse licenses. - FY2021MaterialisedAnnual report
「At 2 plants of the Company's consolidated subsidiary ＳＧモータース株式会社, certificates of conformity with safety standards were issued for nonconforming vehicles and inspections were conducted outside the legally prescribed procedures. As a result, on 19 February 2021, the Kanto District Transport Bureau of the Ministry of Land, Infrastructure, Transport and Tourism imposed business suspension orders of 25 or 35 days and revoked the licenses and permits for designated automobile maintenance businesses.」
Regarding the risk of license and permit suspension or revocation, business suspension orders and license and permit revocations actually occurred at 2 plants of SGモータース. - FY2018First statedAnnual report
「If these licenses and permits are suspended or revoked due to future violations of laws or regulations, or if regulations are tightened, it may become difficult to continue the Group's business and this may have a material impact on its financial position and operating results.」
Licenses and permits for motor freight transportation, warehousing, customs clearance and other activities, as well as tighter regulations, are identified as risks that could affect business continuity.