Risk of inadequate internal management systems resulting from rapid business expansion
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2026.
All About moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「If these systems have deficiencies, this may lead to administrative sanctions or claims for damages from customers. The Company will establish and maintain a high-level compliance system by appointing personnel with specialized knowledge of the bank agency business, working with external lawyers and consultants, developing internal rules, providing employees with regular training, and conducting regular monitoring through the internal audit department.」
With the launch of the bank agency business, the risk that inadequate internal control systems may lead to administrative sanctions or claims for damages has become more specific, and the Company has outlined countermeasures involving specialized personnel, external experts, internal rules, training, and internal audits. - FY2021RestatedAnnual report
「If rapid business expansion or changes in the organizational structure create a situation in which the development of adequate internal control systems cannot keep pace, this may impede responses under the internal control reporting system for financial reporting pursuant to the Financial Instruments and Exchange Act.」
The risk that the internal control structure will fail to keep pace with rapid business expansion remains. - FY2019First statedAnnual report
「However, if rapid business expansion or changes in the organizational structure create a situation in which the development of adequate internal control systems cannot keep pace, this may impede responses under the internal control reporting system for financial reporting pursuant to the Financial Instruments and Exchange Act and may affect the Group’s performance and operations.」
Describes the possibility that development of internal control systems may not keep pace with business expansion and organizational changes.