Addressing Compliance Risks and Changes in Laws and Regulations
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
- FY2026RestatedAnnual report
「However, these initiatives cannot completely eliminate compliance risks in our business activities, and significant changes in applicable laws and regulations, unexpected applications, or differences in interpretation may affect the performance of our group.」
The company has reaffirmed the compliance risks arising from significant changes in laws and regulations and unexpected applications or differences in interpretation. - FY2023RestatedAnnual report
「However, these initiatives cannot completely eliminate compliance risks in our business activities, and significant changes in applicable laws and regulations, unexpected applications, or differences in interpretation may affect the performance of our group.」
The company has reaffirmed the residual risks arising from significant changes in laws and regulations and unexpected applications or interpretations. - FY2018RestatedAnnual report
「However, these initiatives cannot completely eliminate compliance risks in our business activities, and significant changes in applicable laws and regulations, unexpected applications, or differences in interpretation may affect the performance of our group.」
The company has reaffirmed the residual risks arising from significant changes in laws and regulations and unexpected applications or interpretations. - FY2017RestatedAnnual report
「Our group conducts business subject to various public regulations, including laws and regulations governing its business activities. To comply with these regulations, we established the Compliance and Risk Management Committee and prepared a Compliance Code of Conduct Guidebook setting out not only legal requirements but also the code of conduct that officers and employees must observe, thereby working to prevent violations of laws and regulations. However, these initiatives cannot completely eliminate compliance risks in our business activities, and significant changes in applicable laws and regulations, unexpected applications, or differences in interpretation may affect the performance of our group.」
The company has reaffirmed its compliance framework and the residual risks arising from changes in laws and regulations and unexpected applications or interpretations. - FY2016First statedAnnual report
「Our group conducts business subject to various public regulations, including laws and regulations governing its business activities. To comply with these regulations, we established the Compliance and Risk Management Committee and prepared a Compliance Code of Conduct Guidebook setting out not only legal requirements but also the code of conduct that officers and employees must observe, thereby working to prevent violations of laws and regulations. However, these initiatives cannot completely eliminate compliance risks in our business activities, and significant changes in applicable laws and regulations, unexpected applications, or differences in interpretation may affect the performance of our group.」
While establishing a legal-compliance framework, the company identifies changes in laws and regulations and unexpected applications or interpretations as residual risks.