Risk of inadequate subsidiary governance
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 5 of 18 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2025-H1DroppedAnnual report
「Of the top risks listed in the securities report for the previous fiscal year, “group governance” has been excluded from the top risks.」
It is explicitly stated that group governance was excluded, at least, from the top risks. - FY2024RestatedAnnual report
「A decline in the quality of group management and an impact on consolidated results due to insufficient governance at group companies.」
Insufficient governance at group companies continues to be identified as a material risk to management quality and consolidated performance. - FY2024-Q1RestatedAnnual report
「A decline in the quality of group management and an impact on consolidated results due to insufficient governance at group companies.」
The impact of insufficient governance at group companies on management quality and consolidated performance remains a material risk even after the review of the assessment criteria. - FY2020First statedAnnual report
「A decline in the quality of group management and an impact on consolidated results due to insufficient governance at group companies.」
Identifies insufficient subsidiary governance as a key risk to management quality and consolidated results.