Inadequacies in the Internal Management System Resulting from Business Expansion
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company recognizes that the proper functioning of corporate governance is essential to the Group's continued growth. Although it will take thorough measures to ensure the propriety of operations and the reliability of financial reporting and to comply with all internal rules and laws and regulations, if corporate governance fails to function effectively as a result of rapid business expansion, the Group may be unable to conduct operations appropriately, which may affect its financial condition and operating results.」
The scope of the risk related to internal controls has expanded to the entire Group, making the development of systems covering financial reporting, internal rules and legal compliance a key issue. - FY2025RestatedAnnual report
「If corporate governance fails to function effectively as a result of rapid business expansion, the company may be unable to conduct operations appropriately, which may affect its financial condition and operating results.」
The risk of inadequate internal controls accompanying business expansion has been reiterated. - FY2024First statedAnnual report
「If corporate governance fails to function effectively as a result of rapid business expansion, the company may be unable to conduct operations appropriately, which may affect its financial condition and operating results.」
The response policies are to ensure the propriety of operations, the reliability of financial reporting, and compliance with internal rules and laws and regulations.