Violations of and Tighter Regulations on Food, Franchising and the Environment
First written in FY2018. 3 of 8 entries say "Restated". Latest entry: FY2026.
Hachi-Ban moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Group is also subject to the Act on Prevention of Delays in Payment of Subcontracting Charges to Small and Medium-sized Subcontractors Engaged in Manufacturing Consignment, etc. (Fair Transactions Act), the Act against Unjustifiable Premiums and Misleading Representations (Premiums and Representations Act) in connection with advertising and sales promotion, and the Product Liability Act (PL Act) in connection with food manufacturing, among other laws.」
The explanation of legal risks has been updated to refer to the law corresponding to the former Subcontract Act as the Fair Transactions Act. - FY2025WorsenedAnnual report
「The Group is also subject to the Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors (Subcontract Act), the Act against Unjustifiable Premiums and Misleading Representations (Premiums and Representations Act) in connection with advertising and sales promotion, and the Product Liability Act (PL Act) in connection with food manufacturing, among other laws.」
In addition to the previously identified food, franchising, food waste, energy conservation and plastics-related laws and regulations, the disclosure explicitly identifies the application of the Subcontract Act, Premiums and Representations Act, PL Act and other laws. - FY2024WorsenedAnnual report
「The Group provides information on working-hours management, work rules, employment contracts and compliance with other laws and regulations, and conducts harassment training by job level. However, if a labor-related issue were to arise, the Group’s performance could be affected by claims for damages from victims or a decline in the Group’s social credibility.」
In addition to the previously identified food, franchising and environmental laws and regulations, labor-related laws and labor issues were explicitly identified as an independent risk factor. - FY2023RestatedAnnual report
「As a business operator that generates more than 100 tonnes of food waste annually, the Group is subject to the Act on Promotion of Recycling and Related Activities for the Creation of a Recycling-Oriented Society (Food Recycling Act), the Act on Rationalizing Energy Use (Energy Conservation Act), which aims to ensure the efficient use of fuel resources, and, from 1 April 2022, the Act on Promotion of Resource Circulation for Plastics (Plastic Resource Circulation Act).」
The Group continues to disclose that it is subject to the Food Recycling Act, Energy Conservation Act, Plastic Resource Circulation Act and other regulations. - FY2022WorsenedAnnual report
「As a business operator that generates more than 100 tonnes of food waste annually, the Group is subject to the Act on Promotion of Recycling and Related Activities for the Creation of a Recycling-Oriented Society (Food Recycling Act), the Act on Rationalizing Energy Use (Energy Conservation Act), which aims to ensure the efficient use of fuel resources, and, from 1 April 2022, the Act on Promotion of Resource Circulation for Plastics (Plastic Resource Circulation Act).」
In addition to the existing Food Recycling Act and Energy Conservation Act, the Group became subject to the Plastic Resource Circulation Act from 1 April 2022. - FY2021RestatedAnnual report
「As a business operator that generates more than 100 tonnes of food waste annually, the Group is subject to the Act on Promotion of Recycling and Related Activities for the Creation of a Recycling-Oriented Society (Food Recycling Act) and the Act on Rationalizing Energy Use (Energy Conservation Act), which aims to ensure the efficient use of fuel resources.」
The Group continues to disclose the risks of laws and tighter regulation relating to franchising, food hygiene, food waste and energy conservation. - FY2019RestatedAnnual report
「As a business operator that generates more than 100 tonnes of food waste annually, the Group is subject to the Food Recycling Act and the Energy Conservation Act, which aims to ensure the efficient use of fuel resources.」
The Group continues to identify the risks of tighter laws and regulations relating to franchising, food hygiene, food waste and energy conservation. - FY2018First statedAnnual report
「The Group’s core business is franchising, and it is subject to the Act on the Promotion of Improvement of the Small and Medium Retail Business and the Antimonopoly Act. As a business operator that generates more than 100 tonnes of food waste annually, it is also subject to the Food Recycling Act and the Energy Conservation Act, which aims to ensure the efficient use of fuel resources. Differences in the interpretation of laws and regulations could give rise to issues involving legal violations. If this were to impede smooth business operations through a decline in social credibility or other factors, or if tighter legal regulation were to result in new or higher costs, including capital expenditures, the Group’s performance could be affected.」
The disclosure identifies laws and regulations relating to food, franchising, food waste and energy conservation, as well as the risk of business disruption and capital expenditure burdens arising from violations and tighter regulation.