Damage to the Integrity of Used-Car Transactions and Reputational Harm
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To ensure transaction integrity, we have established quality standards for listed vehicles and a claims system in our transaction rules, operate them in accordance with those rules, provide guidance to members whose listed vehicles have quality problems and remove members whose listed vehicles have particularly serious quality problems.」
The company continues to maintain transaction integrity through quality standards, a claims system, member guidance and removal. No damage to transaction integrity or reputational harm was identified as of the filing date. - FY2024RestatedAnnual report
「To ensure transaction integrity, we have established quality standards for listed vehicles and a claims system in our transaction rules, operate them in accordance with those rules, provide guidance to members whose listed vehicles have quality problems and remove members whose listed vehicles have particularly serious quality problems.」
The company continues to maintain transaction integrity through transaction rules, quality standards, a claims system, member guidance and removal. No reputational harm was identified as of the filing date. - FY2023First statedAnnual report
「If used cars are traded on ASNET while defects are concealed, the integrity of transactions could be damaged and the company could suffer reputational harm.」
Countermeasures include quality standards and a claims system, member guidance and removal of members whose vehicles have serious quality problems. The company states that it was not aware of any damage to transaction integrity or reputational harm as of the filing date.