Decline in accounting information and confidence due to inadequate information sharing with overseas subsidiaries
First written in FY2021. 2 of 5 entries say "Mitigated", first in FY2023. Latest entry: 2026-06-04.
3 other companies' latest entry also says "Mitigated".
- 2026-06-04MitigatedGeneral Meetings of Shareholders
「For overseas subsidiaries, the responsible director shall regularly report business operations to the board, including financial reporting and the status of risk management.」
A regular reporting system by the responsible director was presented to address the risk of inadequate information sharing across the group, including overseas subsidiaries. - FY2024ReframedAnnual report
「The Company transitioned to a holding-company structure in April 2024 and has established a system for timely and accurate information sharing with Group subsidiaries under the Regulations for the Management of Affiliated Companies. However, if such information sharing is not carried out appropriately, resulting in an inability to provide timely and accurate accounting information or operate the business appropriately, trust in the Group may decline and business performance may be affected.」
The Company reorganized the information-sharing risk involving overseas subsidiaries as a risk concerning accounting information and business operations across all Group subsidiaries under the holding-company structure. - FY2023MitigatedAnnual report
「The Company has established Regulations for the Management of Affiliated Companies, requiring subsidiaries to report regularly on operating results, financial condition, risk management and other important information, thereby ensuring the proper operation of the Group's business.」
To address the risk of inadequate information sharing with overseas subsidiaries and other entities, the Company specified a management structure requiring regular reports under the Regulations for the Management of Affiliated Companies. - FY2022RestatedAnnual report
「The Company has established a system for timely and accurate information sharing with overseas subsidiaries. However, if such information is not shared appropriately, timely and accurate accounting information may not be provided, trust in the Group may decline, and business performance may be affected.」
The Company continued to disclose the risk of declining accounting information quality and trust due to inadequate information sharing with overseas subsidiaries. - FY2021First statedAnnual report
「The Company has established a system for timely and accurate information sharing with overseas subsidiaries. However, if such information is not shared appropriately, timely and accurate accounting information may not be provided, trust in the Group may decline, and business performance may be affected.」
As the Company's overseas operations expanded, it identified as a separate risk the impact on accounting information, trust and business performance if information sharing with overseas subsidiaries becomes inadequate.