Business constraints and higher costs resulting from public regulations in each country
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 11 of 62 companies on the "Worse" side.
- FY2025MaterialisedAnnual report
「In May 2024, our consolidated subsidiary Kinki Nippon Tourist Co., Ltd. received notice from the Japan Fair Trade Commission that it had engaged in conduct violating Article 3 of the Antimonopoly Act in connection with a bid for the transportation of patients with COVID-19 commissioned by Aomori City.」
With respect to legal and regulatory risk, a specific event was disclosed involving notice of conduct by Kinki Nippon Tourist Co., Ltd. that violated the Antimonopoly Act in connection with a bid. - FY2024RestatedAnnual report
「Our Group operates under various laws and regulations, including the Travel Agency Act, the Act against Unjustifiable Premiums and Misleading Representations, the Consumer Contract Act and the Antimonopoly Act, and has established an internal control system to ensure compliance with those laws and regulations.」
With respect to legal and regulatory risk, the Antimonopoly Act was specified in addition to the Travel Agency Act and other existing laws, while the policy of ensuring compliance through internal controls was maintained. - FY2020RestatedAnnual report
「Our Group operates under various laws and regulations, including the Travel Agency Act, the Act against Unjustifiable Premiums and Misleading Representations, and the Consumer Contract Act, and has established an internal control system to ensure compliance with those laws and regulations.」
We continue to disclose business constraints and brand damage risks arising from public regulations, including the Travel Agency Act, and the measures taken through internal controls. - FY2017RestatedAnnual report
「Our Group is subject to various public regulations in each country where it operates. These regulations may restrict the activities of our Group or result in higher costs, which may affect the financial position and operating results of our Group.」
We continue to disclose the risk of activity restrictions and higher costs resulting from public regulations in each country. - FY2016First statedAnnual report
「Our Group is subject to various public regulations in each country where it operates. These regulations may restrict the activities of our Group or result in higher costs.」
We continue to identify public regulations governing domestic and overseas travel, insurance and other business activities as an ongoing risk.