Risk of reputational damage from online rumors and misinformation
First written in FY2016. 1 of 3 entries say "Mitigated", first in FY2017. Latest entry: FY2018.
The whole theme swung hardest in 2023: 4 of 27 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The Group seeks to maintain and enhance trust through press releases and timely information disclosure, among other measures, and works to prevent risks from materializing.」
The policy of continuing to use press releases and timely disclosure in response to reputational damage through the internet and other channels remains in place. - FY2017MitigatedAnnual report
「The Group seeks to maintain and enhance trust through press releases and timely information disclosure, among other measures, and works to prevent risks from materializing.」
As a response to reputational and rumor risks on the internet, preventive measures through press releases and timely disclosure were expressly identified. - FY2016First statedAnnual report
「If reputational damage or rumors arise and spread through postings on internet bulletin boards or related media reports, the Group's performance may be affected by a decline in sales resulting from deterioration in the Group's brand image and social credibility, among other factors.」
The impact of information spreading on the internet on the brand and credibility is identified as a risk.