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Forval RealStraight (9423) · RiskRestated

Risk of changes in laws and regulations relating to real estate and construction

First written in FY2016. 29 of 30 entries say "Restated". Latest entry: FY2026.

30entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 320162017: 420172018: 420182019: 320192020: 220202021: 320212022: 420222023: 420232024: 220242025: 020252026: 12026
Same theme, other companies
Response to Changes in Housing and Construction-Related RegulationsA theme 89 companies write about · 93 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 9 of 31 companies on the "Worse" side.

59 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 89 companies compared. The sentences above are computed from all 89.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「If these regulations are abolished, revised or reinterpreted in the future, or if new legal regulations are introduced, they may affect the performance of the FORVAL group.」

    The company continues to disclose the possibility that changes to or abolition of laws and regulations related to real estate and construction, or changes in their interpretation, may affect business performance.
  2. FY2025-H1RestatedAnnual report

    「During the interim accounting period, there were no material changes in the matters described in this interim report concerning the status of the business, financial position and other matters that could have a material impact on investors’ decisions, or in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  3. FY2024RestatedAnnual report

    「If these regulations are subsequently amended or abolished, their interpretation is changed, or new legal regulations are introduced, this may affect the company's business performance.」

    The company continues to disclose the possibility that changes to or abolition of laws and regulations related to real estate and construction, or changes in their interpretation, may affect business performance.
  4. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  5. FY2024-Q1RestatedAnnual report

    「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  6. FY2023RestatedAnnual report

    「If these regulations are subsequently amended or abolished, their interpretation is changed, or new legal regulations are introduced, this may affect the company's business performance.」

    The company continues to disclose the risk of changes in or changes in the interpretation of regulations, including the Real Estate Brokerage Act, National Land Use Planning Act, City Planning Act, Building Standards Act and Construction Business Act.
  7. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  8. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  9. FY2023-Q1RestatedAnnual report

    「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  10. FY2022RestatedAnnual report

    「If these regulations are subsequently amended or abolished, their interpretation is changed, or new legal regulations are introduced, this may affect the company's business performance.」

    The company continues to disclose the risk of changes in or changes in the interpretation of regulations, including the Real Estate Brokerage Act, National Land Use Planning Act, City Planning Act, Building Standards Act and Construction Business Act.
  11. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  12. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  13. FY2022-Q1RestatedAnnual report

    「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  14. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  15. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no occurrences of matters relating to the business or accounting information stated in this quarterly securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" stated in the securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  16. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  17. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no occurrences of matters relating to the business or accounting information stated in this quarterly securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" stated in the securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  18. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  19. FY2019-Q3RestatedAnnual report

    「During the first 3 quarters of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  20. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no occurrences of matters relating to the business or accounting information stated in this quarterly securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" stated in the securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  21. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  22. FY2018RestatedAnnual report

    「If these regulations are abolished, revised or reinterpreted in the future, or if new legal regulations are introduced, they may affect the performance of the FORVAL group.」

    The company continues to disclose the risk of changes in or changes in the interpretation of regulations, including the Real Estate Brokerage Act, National Land Use Planning Act, City Planning Act, Building Standards Act and Construction Business Act.
  23. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  24. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no occurrences of matters relating to the business or accounting information stated in this quarterly securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" stated in the securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  25. FY2018-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  26. FY2017RestatedAnnual report

    「If these regulations are abolished, revised or reinterpreted in the future, or if new legal regulations are introduced, they may affect the performance of the FORVAL group.」

    The company continues to disclose the risk of changes in or changes in the interpretation of regulations, including the Real Estate Brokerage Act, National Land Use Planning Act, City Planning Act, Building Standards Act and Construction Business Act.
  27. FY2017-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  28. FY2017-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no occurrences of matters relating to the business or accounting information stated in this quarterly securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" stated in the securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction.
  29. FY2017-Q1RestatedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous consolidated fiscal year.」

    The company concludes that there have been no material changes to the risk of changes in laws and regulations related to real estate and construction described in the previous fiscal year.
  30. FY2016First statedAnnual report

    「If these regulations are abolished, revised or reinterpreted in the future, or if new legal regulations are introduced, they may affect the performance of the FORVAL group.」

    Changes in or changes in the interpretation of regulations, including the Real Estate Brokerage Act, National Land Use Planning Act, City Planning Act, Building Standards Act and Construction Business Act, are identified as factors that may affect business performance.
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