Risk of Delays in Internal Management Systems Relative to Business Expansion
First written in FY2022. 1 of 3 entries say "Materialised", first in FY2025-H1. Latest entry: FY2025.
14 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「These 2 sites have had a stronger management structure and personnel than in the past, and efforts to strengthen the structure are progressing smoothly. Going forward, we will continue strengthening the structure based on these 2 sites.」
Describes the concentration of management resources at the 2 remaining sites in Ho Chi Minh City and Hanoi after management shortages and other issues became apparent at the Da Nang site, with efforts to strengthen the structure under way. - FY2025-H1MaterialisedAnnual report
「In the previous fiscal year, we resolved to close the Da Nang site, where issues including the withdrawal or downsizing of some existing customers, increased additional work hours and an increase in unassigned personnel had become apparent due to management shortages and other issues among the 3 sites operated by our Vietnamese subsidiary, and sought to concentrate management resources at the 2 remaining sites.」
Describes the management issues associated with business expansion, including the actual emergence at the Da Nang site of customer withdrawals and downsizing, additional work hours and an increase in unassigned personnel. - FY2022First statedAnnual report
「If the development of the internal control environment fails to keep pace with rapid business expansion, this could materially affect our group's business development and performance.」
Describes the possibility that development of the internal control environment may not keep pace with rapid business expansion.