Risk of Higher Costs and Changes in Business Strategy Due to Changes in Public Regulations and Systems
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「If amendments to laws or changes to systems result in higher costs to ensure compliance or changes in business strategy, or if the Group fails to comply with these regulations, it may be subject to action by regulatory authorities, fines, administrative penalties and other sanctions. These factors may damage the Group's credibility and affect its operating results and other financial matters.」
In addition to higher compliance costs and changes in business strategy, it explicitly identifies the possibility of administrative action, fines, administrative penalties, and reputational damage in the event of regulatory violations. - FY2021MitigatedAnnual report
「The Group has established rules concerning monitoring amendments to laws and changes to systems, enabling it to accurately and promptly identify information on amendments and other changes to laws and systems relevant to Group companies, prepare with sufficient time, and respond appropriately, thereby reducing risk.」
For risks relating to amendments to laws and changes to systems, it specifies monitoring rules, early identification, and a framework for preparation and response. - FY2020RestatedAnnual report
「The Group's businesses are subject to regulations under relevant laws and regulations. If amendments to laws or changes to systems result in higher costs to ensure compliance or changes in business strategy, this may affect the Group's operating results and other financial matters.」
It reiterates the risks of higher compliance costs and changes in business strategy associated with amendments to laws and changes to systems. - FY2018RestatedAnnual report
「The Group's businesses are subject to regulations under relevant laws and regulations. If amendments to laws or changes to systems result in higher costs to ensure compliance or changes in business strategy, this may affect the Group's operating results and financial condition.」
It reiterates the risks of higher compliance costs and changes in business strategy associated with amendments to laws and changes to systems. - FY2017First statedAnnual report
「The Group's businesses are subject to regulations under relevant laws and regulations. If amendments to laws or changes to systems result in higher costs to ensure compliance or changes in business strategy, this may affect the Group's operating results and financial condition.」
It identifies higher compliance costs and changes in business strategy associated with amendments to laws and changes to systems as risks.