Inadequate Risk Management Due to New Businesses and Rapid Expansion
First written in FY2020. 5 of 6 entries say "Restated". Latest entry: FY2022.
3 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Although the Group is working to strengthen risk management, risk management may not function adequately if the Group enters new fields, if existing businesses expand rapidly or if external factors change rapidly.」
The disclosure continues to identify the possibility of inadequate risk management resulting from entry into new fields, rapid expansion of existing businesses and sudden changes in external factors. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding inadequate risk management arising from new businesses, rapid business expansion and other factors. - FY2021RestatedAnnual report
「Although the Group is working to strengthen risk management, risk management may not function adequately if the Group enters new fields, if existing businesses expand rapidly or if external factors change rapidly.」
The company continues to identify the possibility that risk management may not function effectively due to expansion into new fields, rapid expansion of existing businesses and sudden changes in external factors. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding inadequate risk management arising from new businesses, rapid business expansion and other factors. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding inadequate risk management arising from new businesses, rapid business expansion and other factors. - FY2020First statedAnnual report
「Although the Group is working to strengthen risk management, risk management may not function adequately if the Group enters new fields, if existing businesses expand rapidly or if external factors change rapidly.」
The Company newly identified the possibility that entering new fields, rapid expansion of existing businesses or abrupt changes in external factors could prevent risk management from functioning adequately.