Maintaining Certified Broadcasting Holding Company Status and Broadcasting Licenses
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2023: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If the company ceases to meet standards prescribed by the Broadcasting Act, including standards related to the assets of a certified broadcasting holding company, its certification may be revoked under Article 166 of the Broadcasting Act.」
The legal risks related to certified broadcasting holding company status and broadcasting licenses, as well as the social mission of continuing to broadcast, are reiterated. - FY2017RestatedAnnual report
「However, if the group's broadcasting business licenses or certification were revoked, this could have a material impact on the group's operating results and financial position.」
The legal risk related to revocation of certification as a certified broadcasting holding company or of broadcasting licenses is reiterated. - FY2016First statedAnnual report
「The continuation of the television broadcasting business into the future is an issue that could determine the group's continued existence. The group will remain committed to avoiding such a situation and fulfilling broadcasting's social mission. However, if its broadcasting business licenses or certification were revoked, this could have a material impact on the group's operating results and financial position.」
The disclosure describes the legal risk that revocation of certification as a certified broadcasting holding company or of terrestrial and satellite broadcasting licenses could have a material impact on the group's continued existence.