Tightening of Legal Regulations Relating to Food, the Environment and FC Operations
First written in FY2017. 2 of 6 entries say "Mitigated", first in FY2020. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2024: 2 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2023-Q1MitigatedAnnual report
「In response to the enforcement of the Act on Promotion of Resource Circulation for Plastics in April 2022, the company changed to environmentally friendly materials and introduced charges, reducing the amount of plastic products provided or used at its stores.」
In response to the enforcement of the Act on Promotion of Resource Circulation for Plastics, the company combined a shift to environmentally friendly materials with the introduction of charges and reduced plastic products. - FY2022WorsenedAnnual report
「The company has established a structure to respond to the introduction of a positive list system for utensils, containers and packaging used for food, the mandatory reporting of recall information resulting from violations of the Food Labeling Act concerning allergens, expiration dates and other safety-related matters, and voluntary labeling under the genetically modified food labeling system, which will apply from 1 April 2023.」
For regulatory risks concerning food and the environment, the company has specified the areas covered, including the positive list system, recall information reporting, genetically modified food labeling and the Act on Promotion of Resource Circulation for Plastics. - FY2021WorsenedAnnual report
「In addition, amid the spread of the COVID-19 pandemic, the company has been subject to restrictions, including being required to operate for shorter hours following the issuance of a state of emergency declaration or the implementation of priority preventive measures to prevent the spread of disease.」
In addition to existing food, environmental and franchise-related regulations, the company has added the actual regulatory impact of shorter operating hours under states of emergency declarations and priority preventive measures to prevent the spread of disease. - FY2020MitigatedAnnual report
「The company works to collect information on amendments to relevant laws and regulations by attending briefings and forums on relevant laws hosted by public institutions, regularly reviewing notices concerning regulations on the websites of government ministries and agencies, and holding internal study sessions on laws and regulations,」
The company has put in place specific measures to collect information on and respond to stronger regulations through legal briefings, regular review of notices and internal study sessions. - FY2018RestatedAnnual report
「If new laws are enacted in the future due to changes in the social environment or regulations are strengthened through amendments to laws and regulations, the resulting costs of compliance may increase and affect the business performance of the company group.」
The company is reaffirming the risk of compliance costs associated with stronger regulations concerning food, franchising, the environment, energy and other matters. - FY2017First statedAnnual report
「If new laws are enacted in the future due to changes in the social environment or regulations are strengthened through amendments to laws and regulations, the resulting costs of compliance may increase and affect the company’s business performance.」
The company identifies compliance costs arising from the enactment, amendment or strengthening of laws and regulations concerning food labeling, franchise operations, food recycling, containers and packaging, energy use and other matters as a risk.