Investigation into Suspected Antimonopoly Act Violations Involving Defense Equipment Bidding
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual report
「The following risks may affect the Group’s operating results, financial condition and other matters.」
The suspected violation of the Antimonopoly Act concerning defence equipment tenders, which had been disclosed in previous fiscal years, is no longer explicitly mentioned in the current fiscal year’s discussion of business and other risks or operating results. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the previously disclosed risks, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the previously disclosed risks, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the previously disclosed risks, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2018MitigatedAnnual report
「Cash and cash equivalents increased by ¥9,739 million during the fiscal year due to expenditures including payments related to the Antimonopoly Act in the Fibres Business. Provision for losses related to the Antimonopoly Act 980 －」
The Company recorded ¥1,108 million in payments related to the Antimonopoly Act, while the provision for losses related to the Antimonopoly Act was zero at the end of the fiscal year, indicating a transition from the provision and loss-recognition stage to the post-payment stage. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the previously disclosed risks, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2017-Q3WorsenedAnnual report
「Provision for losses related to the Antimonopoly Act － 609」
The Company recorded ¥609 million in provision for losses related to the Antimonopoly Act during the nine-month period ended 31 December in connection with the suspected violation of the Antimonopoly Act concerning defence equipment tenders, indicating that the investigation risk had materialised as an accounting loss. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the risks described in the previous fiscal year, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the risks described in the previous fiscal year, including the suspected violation of the Antimonopoly Act concerning defence equipment tenders. - FY2016MaterialisedAnnual report
「The Company and Unitika Trading Co., Ltd. underwent an on-site inspection by the Japan Fair Trade Commission on 1 March 2016 on suspicion of violating the Antimonopoly Act in connection with competitive tenders for textile products using flame-retardant vinylon or vinylon as materials, ordered by the Acquisition, Technology & Logistics Agency.」
States that the Company is taking the situation seriously and cooperating fully with the investigation.