Risk of declining public trust due to compliance violations
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 8 of 54 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「However, if the group were subject to sanctions for violating applicable laws and regulations or failing to respond promptly to their enactment, amendment, or abolition, or if its social reputation declined because of an event violating social norms, this could affect its financial position, operating results, and cash flows.」
The company has reorganized the previous risk of reputational damage from compliance violations under the broader category of “compliance and related matters,” including delays in responding to the enactment, amendment, or abolition of laws and regulations and violations of social norms. - 2026-05-30RestatedGeneral Meetings of Shareholders
「To prevent compliance violations and enable early remediation, we maintain internal and external reporting channels, separate from the ordinary business reporting lines, under the name “Compliance Hotline.”」
As measures against the risk of reputational damage caused by compliance violations, the Company reconfirms its internal reporting channels, training and measures to prevent recurrence of inappropriate incidents. - FY2018First statedAnnual report
「However, if an event violating compliance requirements occurred and the group's social reputation declined, this could affect its operating results and financial condition.」
The company explicitly identifies as a risk the potential reputational damage and impact on operating results and financial condition if a compliance violation occurred.