Internal control system deficiencies and the risk of future misconduct
First written in FY2022. 2 of 6 entries say "Restated". Latest entry: 2026-09-25.
Nippon Air Conditioning Services moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2019: 1 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "First stated".
- FY2025RestatedAnnual report
「○Strengthening the development, operation and promotion of an effective and efficient internal control system that enhances corporate value, centered on the Governance Administration Department ○Improvement of compliance awareness and knowledge of laws and regulations relevant to practical operations through compliance training for all employees」
The company continues to address the risks of internal control system deficiencies and misconduct through the Governance Administration Department and training for all employees. - FY2023RestatedAnnual report
「○Establishment of the Governance Administration Department (April 2022) to further develop, operate and promote an effective and efficient internal control system that enhances corporate value ○Improvement of compliance awareness and knowledge of laws and regulations relevant to practical operations through compliance training for all employees」
The company identifies the establishment of the Governance Administration Department, compliance training for all employees, and enhanced dialogue as measures addressing the risk of internal control system deficiencies and misconduct. - FY2022First statedAnnual report
「●Failure of the internal control system due to various factors, including personnel inattention, errors in judgment, collusion, changes in the internal and external environment, non-routine transactions, cost-benefit considerations, and misconduct by management ●The possibility of future misconduct and the resulting impairment of corporate value and loss of social credibility」
The company separately identifies deficiencies in the internal control system and the impact of future misconduct on corporate value and credibility as major business risks.