Compliance risk arising from misconduct by officers and employees and violations of various regulations
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 15 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Our group promotes the development of systems and mechanisms that encourage conduct in compliance with globally recognized standards by providing education and awareness training using instructional materials. We have also established a code of ethical conduct and strive to foster a sincere, fair and transparent corporate culture. In addition, we have established an internal whistleblowing system and strive to collect information promptly.」
Regarding the risk of misconduct by officers and employees and violations of regulations, the company has specified education using instructional materials, a code of ethical conduct, and an internal whistleblowing system as countermeasures. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or significant changes in existing risks, including compliance risk due to misconduct by officers and employees and violations of various regulations. - FY2024First statedAnnual report
「Violations of various regulations or misconduct by the officers and employees of our group cannot necessarily be completely prevented. If such an event occurs, it may significantly affect business results through damage to our social credibility, customers suspending transactions, or claims for substantial administrative fines and damages.」
For the first time, the company has disclosed as a separate item the risks of reputational damage, suspension of transactions, administrative fines and damages resulting from misconduct by officers and employees and violations of various regulations, separately from the risk of legal violations.