Delays in Internal Management Systems Associated with Subsidiary Oversight and Overseas Expansion
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 4 of 16 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「However, if the company fails to appropriately manage and support its consolidated subsidiaries, resulting in deterioration in a subsidiary's performance or the occurrence of misconduct, the group's business and performance could be affected by support costs and damage to its corporate image.」
The risk of inadequate management and support of consolidated subsidiaries continues to be identified. - FY2016First statedAnnual report
「If the development of the company's systems fails to keep pace with business expansion, resulting in inadequate internal management systems and the occurrence of misconduct, the group's business and performance could be affected by claims for legal liability against the group and damage to its corporate image.」
The risk that management of consolidated subsidiaries, overseas expansion, internal controls and compliance systems will fail to keep pace with business expansion is identified.