Risk of Revocation of Freight Forwarding and Customs Clearance Permits
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 3 of 8 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In response to these risks, our group gathers information on the enactment, amendment and repeal of relevant laws and regulations and takes preventive measures. It also assigns qualified personnel as required by laws and regulations, works to ensure that employees are fully informed of relevant laws and regulations, and provides regular compliance training to officers and employees.」
The company continues to address the risk of license and permit revocation by gathering information on laws and regulations, assigning qualified personnel, informing employees of relevant laws and regulations, and providing regular compliance training. - FY2023MitigatedAnnual report
「In response to these risks, our group gathers information on the enactment, amendment and repeal of relevant laws and regulations and takes preventive measures. It also seeks to reduce these risks by assigning qualified personnel as required by laws and regulations, ensuring that employees are fully informed of relevant laws and regulations, providing regular compliance training to officers and employees, enforcing compliance with laws and regulations, and preventing the occurrence of grounds for revocation of various licenses and permits.」
As measures to address the risk of license and permit revocation, the company specifically describes gathering information on laws and regulations, assigning qualified personnel, informing employees of relevant laws and regulations, and providing regular compliance training. - FY2021RestatedAnnual report
「As of the date of submission of this document, no facts exist that would constitute grounds for revoking these registrations or permits. However, if the registration or permits are revoked for any reason in the future, this may affect our group’s management and business performance.」
The company continues to identify the risk of revocation of licenses and permits for freight forwarding, customs clearance operations, AEO and China NVOCC operations. - FY2019RestatedAnnual report
「As of the date of submission of this document, no facts exist that would constitute grounds for revoking these registrations or permits. However, if the registration or permits are revoked for any reason in the future, this may affect our group’s management and business performance.」
The company continues to describe the risk of revocation of registrations or permits for freight forwarding, customs clearance operations and China NVOCC operations, and states that the China NVOCC permit was valid through 2023. - FY2018First statedAnnual report
「If the registration or permits are revoked for any reason in the future, this may affect our group’s management and business performance.」
The company explicitly identifies the risk that revocation of licenses or permits for freight forwarding, customs clearance operations, and NVOCC registration and permits in China could affect management and business performance.