Risk of Non-Compliance with Laws, Regulations and Social Norms
First written in FY2016. 19 of 25 entries say "Restated". Latest entry: FY2026.
The Takigami Steel Construction moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 6 of 39 companies on the "Worse" side.
89 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company seeks to comply not only with laws and regulations governing its business activities but also with social norms, and to establish corporate ethics. Failure to comply with these requirements could affect business performance.」
The risks relating to compliance with laws, regulations and social norms and to corporate ethics continue to be disclosed. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there has been no emergence of any of the major risks that management recognizes as potentially having a material effect on the financial position, operating results or cash flows of the consolidated companies among the matters concerning the business and financial condition described in this interim report, nor any significant change in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2025RestatedAnnual report
「The company seeks to comply not only with laws and regulations governing its business activities but also with social norms, and to establish corporate ethics. Failure to comply with these requirements could affect business performance.」
The risks relating to compliance with laws, regulations and social norms and to corporate ethics continue to be disclosed. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there has been no emergence of any of the major risks that management recognizes as potentially having a material effect on the financial position, operating results or cash flows of the consolidated companies among the matters concerning the business and financial condition described in this interim report, nor any significant change in the risks described under “Business and Other Risks” in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2022RestatedAnnual report
「The company seeks to comply not only with laws and regulations governing its business activities but also with social norms, and to establish corporate ethics. Failure to comply with these requirements could affect business performance.」
The company continues to recognize the risks associated with compliance with laws, regulations and social norms and with establishing corporate ethics. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risk of non-compliance with laws, regulations and social norms. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes regarding the risk of non-compliance with laws, regulations and social norms. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risks of non-compliance with laws, regulations and social norms and relating to corporate ethics. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of non-compliance with laws, regulations and social norms. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of non-compliance with laws, regulations and social norms. - FY2019RestatedAnnual report
「The company seeks to comply not only with laws and regulations governing its business activities but also with social norms, and to establish corporate ethics. Failure to comply with these requirements could affect business performance.」
The risk relating to non-compliance with laws, regulations and social norms and to corporate ethics continues to be disclosed. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of non-compliance with laws, regulations and social norms. - FY2018MitigatedAnnual report
「The company promotes compliance as its highest management priority. To establish a permanent specialist committee for communicating this throughout the company, it has appointed a Compliance Committee chaired by the Representative Director and President, 1 director responsible for overseeing compliance, and 1 compliance leader in each division, and is working to strengthen its compliance framework.」
Following the bribery case and administrative sanctions, a framework has been established to address the risk of non-compliance with laws, regulations and social norms, consisting of a permanent Compliance Committee, a director responsible for oversight, and leaders in each division. - FY2018-Q3MitigatedAnnual report
「In the steel structures manufacturing business, although the suspension of operations that ended in October of the previous year had an impact, the company actively pursued sales activities outside the restricted areas and order-taking activities for private-sector projects, and as a result,」
The suspension of operations imposed following the bribery case ended in October of the previous year. Although the continuing impact of the operating restrictions is still described, the sanction itself has ended. - FY2018-Q2RestatedAnnual report
「In the steel structures manufacturing business, despite restrictions on the areas in which sales activities could be conducted because of the suspension of operations, the company pursued orders across a wide range of areas, and as a result,」
The company reconfirmed that restrictions on its operating areas resulting from the suspension of operations imposed following the bribery case had also affected order-taking activities during the cumulative second-quarter period. - FY2018-Q1WorsenedAnnual report
「In the steel structures manufacturing business, because the company was subject to a suspension of operations in the 4 prefectures of Aichi, Gifu, Mie and Shizuoka from 26 May 2017 to 29 September 2017 as a result of the bribery case in the previous fiscal year, during the first quarter of the current consolidated fiscal year the company focused its sales activities on private-sector projects and areas outside the Chubu region.」
Administrative sanctions resulting from the misconduct restricted business activities through a suspension of operations in 4 prefectures from 26 May 2017 to 29 September 2017. - FY2017-Q3WorsenedAnnual report
「Of the company's employees indicted on 21 October 2016, 2 were additionally indicted by the Nagoya District Public Prosecutors Office on 6 December 2016 on suspicion of violating the National Public Service Act by incitement.」
In addition to the existing indictments, 2 employees were additionally indicted, indicating further developments in the matter concerning non-compliance with laws, regulations and social norms. The litigation is stated to be pending. - FY2017-Q2MaterialisedAnnual report
「On 21 October 2016, 3 of the company's employees were indicted by the Nagoya District Public Prosecutors Office on suspicion of obstructing a competitive bidding process related to a public contract and bribery in connection with bridge construction ordered by the Mie River and National Highway Office of the Chubu Regional Development Bureau of the Ministry of Land, Infrastructure, Transport and Tourism. As a result, the company received administrative sanctions, including suspension from designated bidding, from the Ministry of Land, Infrastructure, Transport and Tourism and other authorities.」
The risk of non-compliance with laws, regulations and social norms materialized in the arrest and indictment of 3 employees and the suspension from designated bidding imposed by the Ministry of Land, Infrastructure, Transport and Tourism and other authorities. - FY2016First statedAnnual report
「The company seeks to comply not only with laws and regulations governing its business activities but also with social norms, and to establish corporate ethics. Failure to comply with these requirements could affect business performance.」
Compliance with laws and regulations, social norms and corporate ethics is linked to business continuity risk.