Shortfall in Required Personnel and Inadequate Internal Control Measures
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2025.
98 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because the Group is in a growth phase, its internal control systems are structured in line with its current organizational size. The Group’s policy is to increase staffing and further strengthen its internal control systems as its business expands. However, if the necessary staff cannot be secured or if the internal control systems cannot be appropriately and sufficiently strengthened, this may affect the Group’s business development and operating results.」
The company continues to recognize the risk that, even after a substantial increase in employee numbers, securing the necessary staff and developing its organizational and internal control systems may not keep pace. - FY2023MitigatedAnnual report
「We view this medium-term management plan as a phase in which we will move away from our previous approach of relying on a small number of highly capable employees, operate the business as an organization and achieve rapid scaling.」
The company has indicated a policy of moving from a structure dependent on a small number of highly capable employees to organizational business operations, while advancing recruitment, organizational development and the strengthening of internal control systems. - FY2021RestatedAnnual report
「To address this risk, we are continuing recruitment activities for the Corporate Administration Division and working with external partners.」
To address the risk of inadequate staffing and internal control systems, the company continues recruitment for the Corporate Administration Division and collaboration with external partners. - FY2019RestatedAnnual report
「Because the Group is in a growth phase, its internal control systems are structured in line with its current organizational size. The Group’s policy is to increase staffing and further strengthen its internal control systems as its business expands.」
The company continues to identify the risk that securing the necessary staff and enhancing its internal control systems may be inadequate. - FY2018RestatedAnnual report
「Because the Group is in a growth phase, its internal control systems are structured in line with its current organizational size. The Group’s policy is to increase staffing and further strengthen its internal control systems as its business expands.」
The company continues to recognize the risk that staffing required for business expansion and enhancement of internal control systems may be inadequate. - FY2017RestatedAnnual report
「Because the Group operates with the minimum number of employees required to conduct its business, its internal control systems are structured in line with its current organizational size. The Group’s policy is to increase staffing and further strengthen its internal control systems as its business expands.」
The company continues to recognize the risk that staffing and internal control systems may not be adequately strengthened, and indicates a policy of increasing resources as the business expands. - FY2016First statedAnnual report
「Because the Group operates with the minimum number of employees required to conduct its business, its internal control systems are structured in line with its current organizational size.」
On the assumption that the organization operates with the minimum number of employees, the company identifies as a risk the possibility that staffing and expansion of the internal control systems may be inadequate.