Business Impact of Changes in Domestic and Overseas Laws, Licensing Requirements and Regulations
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 4 of 19 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「In each country where it operates, the Group is subject to laws and regulations covering such matters as business and investment permits, storage, cargo handling, transportation, trade, antitrust, taxation, foreign exchange controls, the environment and various types of safety management.」
The company continues to disclose the risks of compliance costs and changes to business strategies resulting from changes to domestic and overseas laws, licenses, permits and regulations. - FY2019RestatedAnnual report
「In each country where it operates, the Group is subject to laws and regulations covering such matters as business and investment permits, storage, cargo handling, transportation, trade, antitrust, taxation, foreign exchange controls, the environment and various types of safety management. If these regulations change or new regulations are introduced, compliance costs may be incurred, and if the Group is forced to change its business strategy, this may affect its financial position and operating results.」
The company continues to disclose the risks of higher compliance costs and changes to business strategies resulting from changes to domestic and overseas laws, licenses, permits and regulations. - FY2018RestatedAnnual report
「In conducting its business, the Group is subject to legal licensing requirements and regulations in Japan and overseas. Accordingly, if amendments to laws result in higher costs to ensure compliance or force changes to its business strategy, they may affect the Group's financial position and operating results.」
The company continues to disclose the risks of higher compliance costs and changes to business strategies resulting from changes to domestic and overseas laws, licenses, permits and regulations. - FY2017First statedAnnual report
「In conducting its business, the Group is subject to legal licensing requirements and regulations in Japan and overseas. Accordingly, if amendments to laws result in higher costs to ensure compliance or force changes to its business strategy, they may affect the Group's financial position and operating results.」
The company newly disclosed, as a separate principal risk, the possibility of higher compliance costs and changes to business strategies resulting from amendments to laws and regulations.