Deficiencies in the compliance framework
First written in FY2016. 2 of 8 entries say "Restated". Latest entry: FY2026.
52 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group established the “Toyo Seikan Group Sustainability Charter,” the “Toyo Seikan Group Guidelines for Conduct” and the “Toyo Seikan Group Code of Conduct,” which set out the framework that the Group must comply with and implement, and provides awareness-building and training for officers and employees.」
It expanded its compliance measures to include the establishment of a sustainability charter, guidelines for conduct and a code of conduct, as well as training, consultation channels, Compliance Promotion Month and a risk map. - FY2024AdvancedAnnual report
「To further strengthen its legal compliance framework, the Group designated 20 April each year as “Toyo Seikan Group Day to Prevent the Fading of Memories of Antitrust Law Violations” and has the presidents of the company and Group companies issue messages on antitrust law compliance to Group employees.」
It specified post-antitrust-issue recurrence-prevention measures, including an annual awareness day, messages from the president, a compliance risk map and training by organizational level. - FY2023MitigatedAnnual report
「In addition, with respect to antitrust-related matters that are expected to have a particularly significant impact on the Group's ongoing business activities if the risks materialize, the Group is working to further strengthen its compliance framework and prevent their occurrence by alerting newly appointed presidents of Group companies to the need for legal compliance, regularly surveying and checking compliance with rules and other requirements, and providing training and education by organizational level.」
It specified post-antitrust-issue recurrence-prevention measures, including alerts for newly appointed presidents, checks of compliance with rules and training by organizational level. It also stated that it would review rules, raise awareness and provide training and education regarding anti-corruption laws. - FY2022MitigatedAnnual report
「In addition, with respect to antitrust-related matters that are expected to have a particularly significant impact on the Group's ongoing business activities if the risks materialize, the Group is working to further strengthen its compliance framework and prevent their occurrence through regular surveys and checks of compliance with rules and other requirements, as well as training and education.」
As measures to prevent recurrence following the antitrust-related issue, it continues to conduct regular checks of compliance with rules and provide training and education. - FY2020MaterialisedAnnual report
「On 26 September 2019, 東洋製罐株式会社 received a cease-and-desist order and an order to pay a surcharge from the committee.」
The matter progressed from the previous suspicion of an antitrust law violation and ongoing investigation, with 東洋製罐 receiving a cease-and-desist order and an order to pay a surcharge from the Japan Fair Trade Commission. - FY2018RestatedAnnual report
「The Group recognizes that strengthening its compliance framework is an important management issue and is making group-wide efforts to achieve this. However, it cannot be said that there is no possibility whatsoever that deficiencies in the risk management framework could result in a situation in which the company's social responsibilities are called into question.」
It continues to disclose the risk of damage to credibility arising from deficiencies in the compliance framework while working to strengthen the framework. - FY2017RestatedAnnual report
「Against this backdrop, the Group recognizes that strengthening its compliance framework is an important management issue and is making group-wide efforts to achieve this. However, it cannot be said that there is no possibility whatsoever that deficiencies in the risk management framework could result in a situation in which the company's social responsibilities are called into question. If such a situation were to arise, the Group's credibility or reputation could be seriously damaged.」
It continues to disclose the risk of damage to social responsibility and credibility arising from deficiencies in the compliance framework while working to strengthen that framework. - FY2016First statedAnnual report
「It cannot be said that there is no possibility whatsoever that deficiencies in the risk management framework could result in a situation in which the company's social responsibilities are called into question.」
This is described alongside measures including the Compliance Promotion Committee, the Code of Conduct and consultation channels.