Business impact of amendments to or violations of laws and regulations related to construction
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
52 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If these regulations are amended, abolished, or replaced, or new legal regulations are introduced, this may affect the operating results and financial position of the Group. The Group also provides training and takes other measures to ensure that officers and employees comply with these laws and regulations and other compliance requirements. However, if violations of applicable laws or regulations occur and the Group is subject to penalties, administrative measures, or other sanctions, including the revocation or suspension of permits, licenses, and registrations granted under these laws, or if the Group's social credibility or image is damaged, this may affect its operating results and financial position.」
The risks of amendments to, abolition or introduction of laws and regulations related to construction, and administrative measures affecting permits and licenses and reputational damage due to violations continue. - FY2020RestatedAnnual report
「If these regulations are amended, abolished, or replaced, or new legal regulations are introduced, this may affect the operating results and financial position of the Group.」
The risks of amendments to, abolition or introduction of laws and regulations related to construction, administrative measures affecting permits and licenses due to violations, and reputational damage continue. - FY2018RestatedAnnual report
「If these regulations are amended, abolished, or replaced, or new legal regulations are introduced, this may affect the operating results and financial position of the Group.」
The risks of amendments to, abolition or introduction of laws and regulations related to construction, administrative measures affecting permits and licenses due to violations, and reputational damage continue. - FY2017First statedAnnual report
「If these regulations are amended, abolished, or replaced, or new legal regulations are introduced, this may affect the operating results and financial position of the Group. The Group also provides training and takes other measures to ensure that officers and employees comply with these laws and regulations and other compliance requirements. However, if violations of applicable laws or regulations occur and the Group is subject to penalties, administrative measures, or other sanctions, including the revocation or suspension of permits, licenses, and registrations granted under these laws, or if the Group's social credibility or image is damaged, this may affect its operating results and financial position.」
Both changes to laws and regulations related to construction and violations, administrative measures affecting permits and licenses, and reputational damage are described as risks associated with handling general buildings.