Suspension of Business Activities Due to System Failures
First written in FY2017. 8 of 10 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 16 of 80 companies on the "Worse" side.
122 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group also consistently manages the process from receiving orders through recording sales from advertising placements and other services using its internal systems, including its internal management and accounting systems. If these systems fail and automated business processes are not performed, the Group may be unable to record sales accurately and may fail to present its operating results fairly.」
The risk that system failures may affect not only business activities but also the accuracy of sales recognition and the presentation of operating results remains in place. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there were no material changes in the risk of business interruption caused by system failures. - FY2022RestatedAnnual report
「The Group also consistently manages the process from receiving orders through recording sales from advertising placements and other services using its internal systems, including its internal management and accounting systems. If these systems fail and automated business processes are not performed, the Group may be unable to record sales accurately and may fail to present its operating results fairly.」
The risk that system failures may affect not only business activities but also the accuracy of sales recognition and the presentation of operating results remains in place. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there were no material changes in the risk of business interruption caused by system failures. - FY2021WorsenedAnnual report
「The Group also consistently manages the process from receiving orders through recording sales from advertising placements and other services using its internal systems, including its internal management and accounting systems. If these systems fail and automated business processes are not performed, the Group may be unable to record sales accurately and may fail to present its operating results fairly.」
In addition to the existing risks of service interruptions and declining trust, the disclosure specifies that failures of the internal management and accounting systems may affect the accuracy of sales recognition and the presentation of operating results. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there were no material changes in the risk of business interruption caused by system failures. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there were no material changes in the risk of business interruption caused by system failures. quantified=false, materialized=false. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there were no material changes in the risk of business interruption caused by system failures. - FY2018RestatedAnnual report
「The Group's business is conducted mainly in an internet environment, and it implements security measures and upgrades its server environment to ensure stable service delivery.」
While implementing security measures and upgrading its servers, the Group continues to identify the impact of system failures on business activities and trust as a risk. - FY2017First statedAnnual report
「However, if unforeseen system failures occur because of increased loads caused by a sharp increase in access to content, human error, unauthorized access, hardware or software defects, natural disasters, accidents or other factors, not only may the Company's business activities be disrupted, but it may also incur damages under legal liability, while declining user trust and damage to the site's image may cause customers to leave, affecting its business and operating results.」
The disclosure identifies system failures caused by sharp increases in access, human error, unauthorized access, equipment failures, disasters and other factors.