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OPTiM (3694) · RiskRestated

Small Organization and Delays in Establishing Internal Management Systems

First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2024.

7entries
9years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2019RestatedFY2021 – FY20242016: 120162017: 020172018: 120182019: 120192020: 120202021: 120212022: 120222023: 020232024: 12024
Same theme, other companies
Labor Shortages and Strengthening Organizational Management SystemsA theme 211 companies write about · 211 as a headwind · 1 as a tailwind

98 other companies' latest entry also says "Restated".

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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 212 threads.
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  1. FY2024RestatedAnnual report

    「If rapid business expansion outpaces the development of an adequate internal-management framework, appropriate business operations may become difficult, potentially affecting the Group’s business and operating results.」

    The risk that development of the internal management framework, internal controls, financial reporting and compliance with laws and regulations may not keep pace with business expansion remains.
  2. FY2022RestatedAnnual report

    「If rapid business expansion outpaces the development of an adequate internal-management framework, appropriate business operations may become difficult, potentially affecting the Group’s business and operating results.」

    The Group continues to address the risk that development of its internal management framework may not keep pace with business expansion through internal control, reliable financial reporting and compliance with laws and regulations.
  3. FY2021RestatedAnnual report

    「The Company is currently a small organisation with 299 employees (as of the end of March 2021), and its operational structure has been established accordingly.」

    Despite the increase in its workforce, the Company continues to identify delays in recruitment, training and development of its operational structure as risks associated with being a small organisation.
  4. FY2020ReframedAnnual report

    「The Group recognises that effective corporate governance is essential to achieving sustained growth in corporate value. It will ensure the appropriate operation of its internal control systems to secure the propriety of operations and the reliability of financial reporting, and will thoroughly enforce compliance with laws and regulations based on sound ethical values. However, if rapid business expansion results in a situation where the development of an adequate internal management framework cannot keep pace, appropriate business operations may become difficult, potentially affecting the Group's business and business results.」

    In addition to the risk of delays in developing a framework associated with being a small organisation, the Group identifies delays in establishing an internal management framework, including internal control systems, reliability of financial reporting and compliance with laws and regulations, as a separate risk.
  5. FY2019RestatedAnnual report

    「The Company is currently a small organisation with 208 employees (as of the end of March 2019), and its operational structure has been established accordingly.」

    Even with its workforce increased to 208 employees, the Company continues to identify delays in recruitment, training and development of its operational structure as risks associated with being a small organisation.
  6. FY2018RestatedAnnual report

    「The Company is currently a small organisation with 167 employees (as of the end of March 2018), and its operational structure has been established accordingly. The Company plans to train employees, recruit additional personnel and enhance its operational structure in line with its anticipated rapid business expansion. However, if these measures do not progress in a timely and appropriate manner, this may affect the Company's business and business results.」

    Despite the increase in its workforce, the Company continues to identify delays in recruitment, training and organisational development as risks associated with being a small organisation.
  7. FY2016First statedAnnual report

    「The Company is currently a small organisation with 119 employees (as of the end of March 2016), and its operational structure has been established accordingly. The Company plans to train employees, recruit additional personnel and enhance its operational structure in line with its anticipated rapid business expansion. However, if these measures do not progress in a timely and appropriate manner, this may affect the Company's business and business results.」

    This indicates the possibility that employee development, recruitment and the operational structure may not keep pace with rapid business expansion.
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Small Organization and Delays in Establishing Internal Management Systems | OPTiM CORPORATION (3694) | Komori