Risk of amendments to, or new regulation of, real estate-related laws
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 3 of 26 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The group is subject to legal regulations under these laws. Although it endeavors to comply with them, its business activities could be restricted if a violation occurs or if these laws are amended or repealed or new legal regulations are introduced.」
The company reconfirms compliance with laws and regulations including the Building Lots and Buildings Transaction Business Act and the Act on Advancement of Proper Condominium Management, as well as the risk of business restrictions resulting from violations, amendments, repeal or new regulations. - FY2017RestatedAnnual report
「If these laws are amended or repealed, or new legal regulations are introduced, the group's business activities may be restricted, which may affect its performance and financial position.」
The disclosure reiterates the risk that business activities may be restricted by amendments, repeal or new regulations affecting real estate laws. - FY2016First statedAnnual report
「If these laws are amended or repealed, or new legal regulations are introduced, the group's business activities may be restricted, which may affect its performance and financial position.」
The group identifies the impact of legislative changes on its real estate leasing and management business as a risk.