Risks Associated with the Acquisition and Distribution of Counterfeit Goods
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group works to prevent the purchase of defective and counterfeit goods by routinely developing each appraiser's ability to check authenticity, training appraisers with advanced specialist knowledge and extensive experience, and introducing AI capable of determining authenticity and model numbers for the appraisal of certain products.」
The company has reconfirmed measures to eliminate counterfeit goods, including appraiser training, AI-based verification, rechecking when products are prepared for sale and verification with external organizations. - FY2023MitigatedAnnual report
「The Group works to prevent the purchase of defective and counterfeit goods by routinely developing each appraiser's ability to check authenticity, training appraisers with advanced specialist knowledge and extensive experience, and introducing AI capable of determining authenticity and model numbers for the appraisal of certain products.」
In addition to appraiser training, the company has introduced AI-based authentication and model-number verification, specifying measures to prevent the purchase of counterfeit goods. - FY2020RestatedAnnual report
「However, our business, which handles used branded goods, always carries the risk of problems involving counterfeit goods. If a major problem involving counterfeit goods occurs, the Group's performance could be affected as confidence in the goods handled by the Group declines.」
The company has reconfirmed the residual risk of problems involving counterfeit goods while continuing authenticity checks, appraiser training, disposal procedures and verification with external organizations. - FY2018RestatedAnnual report
「To maintain customer trust, the Group will continue its thorough efforts to eliminate counterfeit goods. However, our business, which handles used branded goods, always carries the risk of problems involving counterfeit goods」
The company has reconfirmed the residual risk of problems involving counterfeit goods while continuing authenticity checks, buyer training and disposal procedures. - FY2017RestatedAnnual report
「To maintain customer trust, the Group will continue its thorough efforts to eliminate counterfeit goods. However, our business, which handles used branded goods, always carries the risk of problems involving counterfeit goods」
The company has reconfirmed the residual risk of problems involving counterfeit goods while continuing measures to eliminate them through authenticity checks and disposal procedures. - FY2016First statedAnnual report
「Our business, which handles used branded goods, always carries the risk of problems involving counterfeit goods」
Although the company conducts authenticity checks and disposal procedures, it states that the possibility of problems involving counterfeit goods remains.