Risk of Delisting and Other Consequences Due to Improper Financial Reporting
First written in FY2020. 1 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Addition of business reports to the scopeAnnual report
「To ensure the proper conduct of business and the reliability of financial reporting, the company has established its “Basic Policy for Establishing an Internal Control System.” It works to ensure the effectiveness of internal controls by maintaining various rules, manuals, and other materials and monitoring the appropriateness of accounting procedures, but if business operations and financial reporting are not properly conducted, risks such as delisting and the revocation of blue-return tax filing status could arise.」
The scope has been expanded from the previous risk of inappropriate financial reporting to cover inappropriate business operations and financial reporting. - FY2022MitigatedAnnual report
「To address this risk, the company seeks to collect information promptly and understand it accurately, conducts awareness and training programs on accurate financial reporting, including the horizontal dissemination of examples of improper financial reporting to relevant departments, beginning with the administrative department, and continues to emphasize the importance of proper financial reporting.」
The company has additionally disclosed measures to address the risk of improper financial reporting through information collection and analysis, the horizontal dissemination of examples of improper conduct, and awareness and training programs. - FY2020First statedAnnual report
「To ensure the proper conduct of business and the reliability of financial reporting, the company has established its “Basic Policy for Establishing an Internal Control System.” It works to ensure the effectiveness of internal controls by maintaining various rules, manuals, and other materials and monitoring the appropriateness of accounting procedures, but if financial reporting is not properly conducted, risks such as delisting and the revocation of blue-return tax filing status could arise.」
The company has newly disclosed, as a separate item, the risks of delisting and revocation of blue-return tax filing status arising from improper financial reporting, together with measures including the maintenance of rules and manuals and monitoring of accounting procedures.