Deficiencies in the compliance framework
First written in FY2020. 9 of 10 entries say "Restated". Latest entry: FY2025-H1.
2 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2024RestatedAnnual report
「Accordingly, we have established internal compliance rules, provide internal training for all officers and employees to ensure thorough awareness, and are working to strengthen our compliance system.」
While establishing compliance rules, training for all officers and employees, a Compliance Committee and a consultation desk, the risk of violating laws and regulations remains. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2023-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no new occurrences or material changes regarding the risk of deficiencies in the compliance system. - FY2021RestatedAnnual report
「Despite these initiatives, it is difficult to eliminate compliance risks completely」
While implementing rules, training and measures to strengthen the system, the Company continues to recognize that the risk of violating laws and regulations cannot be eliminated completely. - FY2020First statedAnnual report
「Despite these initiatives, it is difficult to eliminate compliance risks completely, and if an incident involving a violation of laws or regulations occurs in the future in connection with the operation of our Group’s business, this may affect our Group’s business and results.」
While describing measures such as compliance rules and training, the disclosure states that violations of laws and regulations may occur.