Komori
No.1 (3562) · RiskMitigated

Litigation and Third-Party Claims Risk

First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2024.

6entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2020MitigatedFY2022 – FY20242017: 120172018: 120182019: 120192020: 120202021: 020212022: 120222023: 020232024: 12024
Same theme, other companies
Litigation and Litigation-Related Loss RiskA theme 300 companies write about · 302 as a headwind · 0 as a tailwind

20 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 302 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024MitigatedAnnual report

    「The Group reports risk events to the Risk and Compliance Committee and has established a framework to reduce litigation risk through early responses to risks under the Committee's centralised management.」

    Explicitly describes reporting risk events to the Committee and centralised management, in addition to coordination with the existing legal function and external counsel.
  2. FY2022MitigatedAnnual report

    「The Group prepares for the risks of litigation and other disputes by complying with legal regulations including the Act against Unjustifiable Premiums and Misleading Representations, the Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors, and the Telecommunications Business Act, further developing its legal function and strengthening cooperation with external parties such as law firms.」

    Additionally describes the development of the legal function and strengthened cooperation with external counsel as measures to address litigation and other disputes.
  3. FY2020RestatedAnnual report

    「The Group currently recognises that the Risk and Compliance Committee, established to ensure risk management and compliance, is functioning adequately. However, in such cases, depending on the nature of the litigation or other matter and the amount claimed, the Group's business, operating results and financial position may be affected.」

    Reiterates the litigation and third-party claims risk and the response through the Risk and Compliance Committee.
  4. FY2019RestatedAnnual report

    「The Group currently recognises that the Risk and Compliance Committee, established to ensure risk management and compliance, is functioning adequately. However, in such cases, depending on the nature of the litigation or other matter and the amount claimed, the Group's business, operating results and financial position may be affected.」

    Reiterates the litigation and third-party claims risk and the response through the Risk and Compliance Committee.
  5. FY2018RestatedAnnual report

    「The Group currently recognises that the Risk and Compliance Committee, established to ensure risk management and compliance, is functioning adequately. However, in such cases, depending on the nature of the litigation or other matter and the amount claimed, the Group's business, operating results and financial position may be affected.」

    Reiterates the litigation and third-party claims risk and the response through the Risk and Compliance Committee.
  6. FY2017First statedAnnual report

    「The Group may face lawsuits or other claims if business partners, sales agents, customers or other users suffer losses due to system failures or other causes.」

    Identifies the establishment of a Risk and Compliance Committee as a measure.
Moved together

"Competitiveness and brand expansion of proprietary products" moved the same way as this thread, in the same document, in 2 of its 6 moves.

222222★123456
  1. ★This thread
  2. 1Competitiveness and brand expansion of proprietary products2×
  3. 2Strengthening the Recurring-Revenue Business2×
  4. 3Strengthening the internal control framework2×
  5. 4Strengthening Talent Recruitment, Development and Training Systems2×
  6. 5Strengthening Information Security Products and Solutions2×
  7. 6Policy of Prioritizing Retained Earnings and Upfront Investment, with No Dividends2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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