Risk of violations of laws and internal rules by officers and employees
First written in FY2020. 2 of 4 entries say "Materialised", first in FY2021. Latest entry: FY2026.
NittoBest moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 6 of 36 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026Explicitly stating the development and enhancement of the effectiveness of the internal reporting systemAnnual report
「Most recently, at a meeting of the Board of Directors held on 10 April 2026, the company revised part of the “(i) System for ensuring that the execution of duties by directors and employees complies with laws and the Articles of Incorporation” to clarify its policy of thoroughly developing the internal reporting system and improving its effectiveness.」
As measures to address the risk of violations of laws and internal regulations, including prior cases of misstated countries of origin, the company explicitly established a policy of thoroughly developing the internal reporting system and improving its effectiveness. It has also disclosed its internal and external reporting and consultation channels and its prohibition on adverse treatment. - FY2022MaterialisedAnnual report
「Regarding the self-reporting of improper labeling on 2 commercial products in April 2022, the company requested the necessary reports and explanations from the directors and expressed its opinion.」
Following prior cases of misstated countries of origin, the company disclosed, together with the Audit & Supervisory Board's response, that in April 2022 it self-reported improper labeling on 2 products sold commercially. - FY2021MaterialisedAnnual report
「During the fiscal year under review, an incident occurred involving incorrect country-of-origin labeling on products for general retail sale, and the Ministry of Agriculture, Forestry and Fisheries provided guidance.」
The company disclosed an actual incident in which it received guidance from the Ministry of Agriculture, Forestry and Fisheries regarding incorrect country-of-origin labeling on products for general retail sale, in connection with operational errors by officers and employees and violations of regulatory compliance. - FY2020First statedAnnual report
「In manufacturing and selling food products, the Group has established internal regulations and work procedures in accordance with applicable laws and regulations and conducts its operations accordingly. However, even with various initiatives to ensure compliance, it may not be possible to completely prevent all errors or misconduct by officers and employees in the course of their duties.」
The company has, for the first time, separately disclosed the risk that errors or misconduct by officers and employees cannot be completely prevented and could affect business performance and financial position.