Risk of Changes in Insurance- and Telecommunications-related Regulations
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2026Added Risk of Legal Violations by Business PartnersAnnual report
「In addition, the Group works with suppliers, sales agencies, financial institutions and other business partners in carrying out its business activities. Violations of laws and regulations or other misconduct by the Group or these business partners could disrupt the Group's business operations.」
Explicitly identifies the risk that changes in regulations governing electricity, telecommunications, food sanitation, insurance, finance, labor and other areas, as well as violations of laws and regulations by the Group or its business partners, could disrupt business operations. - FY2025RestatedAnnual report
「Our group is subject to various laws and regulations concerning electricity, telecommunications, food sanitation, insurance, finance, labor, and other areas. Going forward, unpredictable changes to or the enactment of these laws and regulations may affect our group's operating results and financial position.」
The risk of changes to laws and regulations concerning electricity, telecommunications, food sanitation, insurance, finance, labor, and other areas is reconfirmed. - FY2024RestatedAnnual report
「Our group is subject to various laws and regulations concerning electricity, telecommunications, food sanitation, insurance, finance, labor, and other areas. Going forward, unpredictable changes to or the enactment of these laws and regulations may affect our group's operating results and financial position.」
The risk of changes to laws and regulations concerning electricity, telecommunications, food sanitation, insurance, finance, labor, and other areas is reconfirmed. - FY2023Scope of applicable laws and regulations expandedAnnual report
「Our group is subject to various laws and regulations concerning electricity, telecommunications, food sanitation, insurance, finance, labor, and other areas. Going forward, unpredictable changes to or the enactment of these laws and regulations may affect our group's operating results and financial position.」
The scope has been made more specific, expanding the regulatory risk from a focus on insurance, telecommunications, and sales activities to applicable laws and regulations covering electricity, food sanitation, finance, and labor. - FY2021RestatedAnnual report
「Unforeseeable changes to, or establishment of, these laws and regulations in the future may affect the operating results of each business.」
The risk of changes to or the enactment of laws and regulations concerning insurance, telecommunications, and sales activities is reconfirmed. - FY2020RestatedAnnual report
「Unforeseeable changes to, or establishment of, these laws and regulations in the future may affect the operating results of each business.」
The risk of changes to or the enactment of laws and regulations concerning insurance, telecommunications, and sales activities is reconfirmed. - FY2019RestatedAnnual report
「Our group's insurance business is subject to comprehensive regulation, including applicable laws and systems, supervision by relevant authorities such as the Financial Services Agency, and guidance from partner insurance companies. The SHOP and corporate businesses are also subject to legal regulations including the Act against Unjustifiable Premiums and Misleading Representations, the Act on Specified Commercial Transactions, and the Telecommunications Business Act. Going forward, unpredictable changes to or the enactment of these laws and regulations may affect the operating results of each business.」
The risk of changes to or the enactment of laws and regulations concerning insurance, telecommunications, and sales activities is reconfirmed, with the specific applicable laws identified. - FY2018Insurance sales environment made more specificAnnual report
「In the insurance business, the sales environment for insurance products remains subject to close monitoring due to developments such as the suspension or reduction of sales of savings-oriented products following the Bank of Japan's introduction of its negative interest rate policy, as well as the enforcement of the amended Insurance Business Act.」
In addition to the conventional risk of changes in laws and regulations, the disclosure describes the suspension or reduction of product sales resulting from the negative interest rate policy and the amended Insurance Business Act as specific changes in the insurance sales environment. - FY2017RestatedAnnual report
「Unforeseeable changes to, or establishment of, these laws and regulations in the future may affect the operating results of each business.」
The risk of changes to or the enactment of laws and regulations concerning insurance, telecommunications, and sales activities is reiterated. - FY2016First statedAnnual report
「Unforeseeable changes to, or establishment of, these laws and regulations in the future may affect the operating results of each business.」
Identifies changes to or establishment of laws, regulations and supervisory requirements relating to insurance, telecommunications and sales activities as risks.