Reputational risk arising from deficiencies or misconduct at affiliated companies under the common brand
First written in FY2020. 1 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2022.
Alsok moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「In February 2022, two of the Company’s subsidiaries received cease-and-desist orders and surcharge payment orders based on the results of an investigation by the Japan Fair Trade Commission concerning violations of the Antimonopoly Act.」
Deficiencies and misconduct actually occurred at affiliates using the common brand, and 2 subsidiaries received cease-and-desist orders and surcharge payment orders. - FY2020First statedAnnual report
「The Group uses a common corporate brand across multiple companies in providing its products and services. In these circumstances, if a deficiency or misconduct occurs at the Company or an affiliate, the Group’s brand image could deteriorate and affect its business performance.」
It explicitly states for the first time that, because multiple affiliates use a common brand, deficiencies or misconduct at the Company or an affiliate could affect the Group’s overall brand image and business performance.