Litigation and Legal/Regulatory Violation Risk
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
Monstarlab moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
13 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「To provide for losses from pending litigation and other proceedings, we estimate potential future losses and recognize the amount deemed necessary at the end of the fiscal year.」
A provision for litigation losses of ¥35,000 thousand was recognized for pending litigation and other proceedings. The previously disclosed litigation risk was reflected in the financial statements through an estimated loss. - FY2023RestatedAnnual report
「We have also established a compliance committee and work to reduce the risk of legal violations by ensuring through internal training and education that each employee at every site complies with laws and internal rules and acts in accordance with social norms.」
The litigation and legal-violation risk was reiterated, together with responses through compliance rules, a committee, education and local counsel. No litigation-related disclosures applied. - FY2022First statedAnnual report
「Unexpected disputes may arise with customers or third parties and develop into litigation in the future, regardless of whether companies comprising our Group or their officers and employees have violated laws or regulations.」
The risk that unexpected disputes with customers or third parties, or legal violations, lead to litigation, damages, response costs and reputational harm.