Delays in Establishing Internal Management Systems to Support Rapid Business Expansion
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2024.
126 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If the development of adequate internal control systems fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Group's financial condition and operating results.」
Continues to disclose the risk that internal control systems may fail to keep pace with rapid business expansion. - FY2022RestatedAnnual report
「We are taking thorough steps to appropriately establish and operate internal control systems to ensure the propriety of business operations and the reliability of financial reporting, as well as to ensure compliance with laws and regulations, the Articles of Incorporation, internal rules and other requirements. However, if the development of adequate internal control systems fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Company's financial condition and operating results.」
Continues to disclose the risk that management systems may fail to keep pace with rapid business expansion while establishing and operating internal control systems and ensuring compliance with laws and regulations. - FY2021RestatedAnnual report
「We are taking thorough steps to appropriately establish and operate internal control systems to ensure the propriety of business operations and the reliability of financial reporting, as well as to ensure compliance with laws and regulations, the Articles of Incorporation, internal rules and other requirements. However, if the development of adequate internal control systems fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Company's financial condition and operating results.」
Continues to disclose the delay in developing management systems associated with rapid expansion as a risk, while establishing and operating internal control systems and ensuring compliance with laws and regulations. - FY2020MitigatedAnnual report
「We are taking thorough steps to appropriately establish and operate internal control systems to ensure the propriety of business operations and the reliability of financial reporting, as well as to ensure compliance with laws and regulations, the Articles of Incorporation, internal rules and other requirements.」
Describes the establishment and operation of internal control systems and thorough compliance with laws and regulations as responses to the risk that internal control systems may fail to keep pace with business expansion. - FY2019First statedAnnual report
「If the development of adequate internal control systems fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Company's financial condition and operating results.」
Specifies the risk that internal control systems may fail to keep pace with business expansion.