Reputational and Brand Damage Caused by Legal Violations and Misconduct
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2023: 4 of 15 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Even with these measures in place, compliance-related risks, including individual misconduct, and the risk of damage to social credibility and brand value cannot be completely avoided. If these risks materialize, they may affect business performance.」
While developing its legal compliance framework, the company continues to identify the risk of reputational and brand damage, including from individual misconduct. - FY2019RestatedAnnual report
「Even with these measures in place, compliance-related risks, including individual misconduct, and the risk of damage to social credibility and brand value cannot be completely avoided. If these risks materialize, they may affect business performance.」
While developing its legal compliance framework, the company continues to identify the risk of reputational and brand damage, including from individual misconduct. - FY2018First statedAnnual report
「Even with these measures in place, compliance-related risks, including individual misconduct, and the risk of damage to social credibility and brand value cannot be completely avoided. If these risks materialize, they may affect business performance.」
The company is working to ensure full legal compliance but states that risks, including individual misconduct, cannot be completely avoided.