Risk of Purchasing Stolen Goods, Secondhand-Goods Ledger and Source Verification
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2023: 4 of 12 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「From the standpoint of legal compliance, we maintain a used-goods ledger, a ledger recording the purchase of used goods, and have established a system for responding appropriately to the recovery of goods by victims if the purchase of stolen goods is discovered. We will continue to respond appropriately by returning such goods to victims when the purchase of stolen goods is discovered. We have also implemented measures to prevent the purchase of stolen goods, including always verifying the source of large quantities of identical products brought in for purchase.」
We continue to maintain the used-goods ledger, procedures for returning goods to victims, and measures to prevent the purchase of stolen goods by verifying their source. - FY2021RestatedAnnual report
「From the standpoint of legal compliance, we maintain a used-goods ledger, a ledger recording the purchase of used goods, and have established a system for responding appropriately to the recovery of goods by victims if the purchase of stolen goods is discovered. We will continue to respond appropriately by returning such goods to victims when the purchase of stolen goods is discovered. We have also implemented measures to prevent the purchase of stolen goods, including always verifying the source of large quantities of identical products brought in for purchase.」
We continue to maintain the used-goods ledger, procedures for returning goods to victims, and measures to prevent the purchase of stolen goods by verifying their source. - FY2020RestatedAnnual report
「From the standpoint of legal compliance, we maintain a used-goods ledger, a ledger recording the purchase of used goods, and have established a system for responding appropriately to the recovery of goods by victims if the purchase of stolen goods is discovered. We will continue to respond appropriately by returning such goods to victims when the purchase of stolen goods is discovered. We have also implemented measures to prevent the purchase of stolen goods, including always verifying the source of large quantities of identical products brought in for purchase.」
We continue to maintain the used-goods ledger, procedures for returning goods to victims, and measures to prevent the purchase of stolen goods by verifying their source. - FY2018RestatedAnnual report
「However, given the nature of the business, it is impossible to completely prevent the purchase of stolen goods, and returning stolen goods to their victims may result in purchasing losses.」
While describing the used-goods ledger, source verification, and procedures for returning goods, we also explicitly state the risk that stolen-goods purchases cannot be completely prevented and may result in purchasing losses. - FY2017RestatedAnnual report
「From the standpoint of legal compliance, we maintain a used-goods ledger, a ledger recording the purchase of used goods, and have established a system for responding appropriately to the recovery of goods by victims if the purchase of stolen goods is discovered. We will continue to respond appropriately by returning such goods to victims when the purchase of stolen goods is discovered.」
We continue to maintain the used-goods ledger and procedures for returning goods to victims. - FY2016First statedAnnual report
「From the standpoint of legal compliance, we maintain a used-goods ledger, a ledger recording the purchase of used goods, and have established a system for responding appropriately to the recovery of goods by victims if the purchase of stolen goods is discovered. We will continue to respond appropriately by returning such goods to victims when the purchase of stolen goods is discovered. We have also implemented measures to prevent the purchase of stolen goods, including always verifying the source of large quantities of identical products brought in for purchase.」
We have established procedures for returning goods when stolen goods are discovered and for preventing purchases in advance by verifying their source.