Insufficient Compliance Systems Amid Business Expansion
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2026.
126 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group operates across a broad range of fields in Japan and overseas and must comply with the laws and regulations of the countries and regions in which it operates. Going forward, the rapid expansion of the business and other factors may cause the establishment of an adequate compliance framework to fall behind, resulting in violations of laws and regulations, delays in responding to the enactment or amendment of laws and regulations applicable in the future or changes in regulatory interpretations, and the resulting loss of business opportunities.」
The company has reconfirmed the risks of insufficient compliance accompanying business expansion in Japan and overseas and delays in responding to amendments to laws and regulations and changes in their interpretation. - FY2025RestatedAnnual report
「The Group operates across a broad range of fields in Japan and overseas and must comply with the laws and regulations of the countries and regions in which it operates. Going forward, the rapid expansion of the business and other factors may cause the establishment of an adequate compliance framework to fall behind, resulting in violations of laws and regulations, delays in responding to the enactment or amendment of laws and regulations applicable in the future or changes in regulatory interpretations, and the resulting loss of business opportunities.」
The company has reconfirmed the risks of insufficient compliance accompanying business expansion in Japan and overseas and delays in responding to amendments to laws and regulations and changes in their interpretation as “legal and regulatory” risks. - FY2021ReframedAnnual report
「Going forward, the rapid expansion of the business and other factors may cause the establishment of an adequate compliance framework to fall behind, resulting in violations of laws and regulations, delays in responding to the enactment or amendment of laws and regulations applicable in the future or changes in regulatory interpretations, and the resulting loss of business opportunities.」
The previous risk of insufficient compliance accompanying business expansion has been reorganized as a “legal and regulatory” risk, including delays in responding to the enactment or amendment of domestic and overseas laws and regulations and changes in their interpretation. - FY2016First statedAnnual report
「However, if the establishment of an adequate compliance framework fails to keep pace with the rapid expansion of the business and other factors, resulting in violations of laws and regulations, the Group may lose the trust of users and business partners or face litigation, which could affect its business activities and performance.」
The company identifies the possibility that its compliance framework may fail to keep pace with business expansion as a risk, while establishing business guidelines, training and an internal whistleblowing system.