Risk of tighter legal regulations, including the Beauticians Act
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「In operating its business, the Group is subject not only to general laws and regulations but also to various industry-specific regulations, including the Beauticians Act. … Future amendments to laws and regulations or tighter legal regulations could affect the Group's business.」
The Company continues to cite industry-specific regulations, including the Beauticians Act, and the risk of tighter regulations in the future. - FY2023RestatedAnnual report
「In operating its business, the Group is subject not only to general laws and regulations but also to various industry-specific regulations, including the Beauticians Act. … Future amendments to laws and regulations or tighter legal regulations could affect the Group's business.」
The Company continues to cite industry-specific regulations, including the Beauticians Act, and the risk of tighter regulations in the future. - FY2022First statedAnnual report
「In operating its business, the Group is subject not only to general laws and regulations but also to various industry-specific regulations, including the Beauticians Act. The Group provides employee training to ensure compliance with these legal regulations and has established and strengthened systems for compliance. However, future amendments to laws and regulations or tighter legal regulations could affect the Group's results of operations.」
Separate from the risk relating to labour laws applicable to service agreements, the Company identified industry-specific regulations, including the Beauticians Act, and the risk of tighter regulations in the future.