Traffic accidents and regulatory violations at transportation subsidiaries
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportThe individual risk concerning Sanwa Ryutsu Co., Ltd.'s traffic accident and regulatory violations, which had been disclosed through the previous fiscal year, is not included in the current fiscal year's Business and Other Risks.
- FY2023RestatedAnnual report
「In connection with a traffic accident that occurred on 25 November 2020 at our consolidated subsidiary Sanwa Ryutsu Co., Ltd., the company underwent an audit by the Chubu District Transport Bureau on 12 February 2021. On 22 October of the same year, it was served with and received an order to suspend the use of transport facilities and a warning concerning the violations, on the grounds that facts constituting violations of laws and regulations related to the Motor Truck Transportation Business Act and other legislation had been identified.」
The company continues to disclose the regulatory violations related to the 2020 traffic accident, the suspension of the use of transport facilities and the possibility of an additional suspension. - FY2022First statedAnnual report
「In connection with a traffic accident that occurred on 25 November 2020 at our consolidated subsidiary Sanwa Ryutsu Co., Ltd., the company underwent an audit by the Chubu District Transport Bureau on 12 February 2021. On 22 October of the same year, it was served with and received an order to suspend the use of transport facilities and a warning concerning the violations, on the grounds that facts constituting violations of laws and regulations related to the Motor Truck Transportation Business Act and other legislation had been identified.」
The company states that regulatory violations related to the traffic accident were actually identified and that the use of 9 commercial vehicles was suspended for 10 days. Replacement vehicles were secured, and the impact on business performance was considered immaterial.