Regulatory change risk in the telecommunications, power and financial sectors
First written in FY2016. 8 of 12 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Kddi moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Furthermore, as the importance of economic security has increased in recent years, the Company has been designated as a specified critical infrastructure operator under the Economic Security Promotion Act.」
In addition to concerns about fair competition arising from the review of the NTT Act and the integration of the NTT Group, explicitly described economic security-related screening, regulation and supply chain responses required of a specified critical infrastructure operator. - FY2025WorsenedAnnual report
「The Act Partially Amending the Telecommunications Business Act and the Act on Nippon Telegraph and Telephone Corporation, Etc. was enacted on 21 May 2025.」
Regarding the review of the framework, including abolishing the NTT Act, described the matter as having progressed to the stage of discussions and enactment of an amended law, and identified the potential impact on a fair competitive environment and universal services as policy risks. - FY2024WorsenedAnnual report
「In April 2024, the Act Partially Amending the Act on Nippon Telegraph and Telephone Corporation, Etc. was enacted (the Amended NTT Act). Its supplementary provisions stipulate that the matter is to be considered, including the abolition of the Act on Nippon Telegraph and Telephone Corporation, Etc., with a deadline set as approximately the ordinary session of the Diet convened in Reiwa 7.」
The review of the framework, including abolishing the NTT Act, progressed from the discussion stage to the enactment of an amended law with a deadline specified, making concerns about a fair competitive environment more concrete. - FY2024-Q3RestatedAnnual report
「Since August 2023, the Liberal Democratic Party's Project Team on the Future of the Act on Nippon Telegraph and Telephone Corporation, Etc. and the Ministry of Internal Affairs and Communications' Telecommunications Policy Special Committee of the Information and Communications Council have been discussing the possibility of fully privatising NTT, including the abolition of the Act on Nippon Telegraph and Telephone Corporation, Etc. (the NTT Act).」
Continues to identify discussions on fully privatising NTT, including abolishing the NTT Act, and concerns about the impact on a fair competitive environment as regulatory risks. - FY2024-Q2WorsenedAnnual report
「Since August 2023, the Liberal Democratic Party's Project Team on the Future of the Act on Nippon Telegraph and Telephone Corporation, Etc. and the Ministry of Internal Affairs and Communications' Telecommunications Policy Special Committee of the Information and Communications Council have been discussing the possibility of fully privatising NTT, including the abolition of the Act on Nippon Telegraph and Telephone Corporation, Etc. (the NTT Act).」
Regarding telecommunications regulatory risk, newly identified discussions on fully privatising NTT, including abolishing the NTT Act, as a specific potential policy change, and listed concerns about the impact on a fair competitive environment. - FY2022WorsenedAnnual report
「Rules concerning economic security」
In addition to existing regulations on telecommunications, electric power and financial services, explicitly identified rules concerning economic security as an uncertain policy and regulatory area. - FY2021WorsenedAnnual report
「Uncertainty exists from the perspectives of laws and regulations concerning telecommunications and other areas, policy decisions, and the Group's competitive advantages, including policy decisions relating to electric power and financial services, and not only the telecommunications matters set out below.」
In addition to existing telecommunications, electric power and financial regulations, expanded the scope of policy and regulatory risks to include telephone relay services, the use of personal data and regulation of platform operators. - FY2020WorsenedAnnual report
「The Telecommunications Business Act was recently amended to legislate the complete separation of communications charges from handset prices and to prohibit excessive customer retention practices. We intend to respond appropriately in light of these laws and regulations, but if they relatively undermine our competitive advantages, the Group's business results and other aspects of its performance may be adversely affected.」
The existing regulatory change risk was made more specific through the legislation of the complete separation of communications charges and handset prices and the prohibition of customer retention practices, with the potential impact on competitive advantages explicitly stated. - FY2019WorsenedAnnual report
「In each country where the Group operates, it is subject to permits for business operations and investment, national security requirements and various government regulations. It is also subject to laws and regulations concerning trade, antitrust, patents, consumers, taxation, foreign exchange, the environment, labour and financial services.」
In addition to existing telecommunications, electric power and financial regulations, broadly specified public regulations relating to national security, trade, competition law, the environment and labour in overseas operations. - FY2017RestatedAnnual report
「Amendments or abolitions of laws and regulations, or policy decisions relating to telecommunications, electric power, financial services and other businesses may adversely affect the Group's financial condition and business results.」
Continues to disclose regulatory changes relating to telecommunications, electric power, financial services, interconnection charges, designated telecommunications facilities, MVNOs, consumer protection and the liberalisation of retail electricity sales as risks. - FY2017-Q2RestatedAnnual report
「Institutional changes, including requests to mobile network operators and the implementation of guidelines based on the Ministry of Internal Affairs and Communications' Policy for Reducing the Burden of Smartphone Charges and Ensuring the Proper Sale of Handsets.」
Described requests and the implementation of guidelines concerning reduced charges and proper handset sales as institutional changes, but stated in the risk section that there were no significant changes. - FY2016First statedAnnual report
「Amendments or abolitions of laws and regulations, or policy decisions relating to telecommunications, electric power, financial services and other businesses may adversely affect the Group's financial condition and business results.」
Listed regulatory changes involving interconnection charges, designated telecommunications facilities, MVNO market entry, consumer protection and liberalisation of retail electricity sales. Because the disclosure also includes institutional figures such as one-quarter and one-tenth, it was classified as quantified.