Risk of Reputational Damage and Business Restrictions Resulting from Legal Violations and Regulatory Changes
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 22 of 71 companies on the "Worse" side.
124 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group's basic policy is to respond sincerely to various legal requirements. It has established compliance and internal control systems and is working across the Group to ensure thorough compliance through employee training. However, its business activities are subject to various laws and regulations, and if a serious violation of laws occurs within the Group or at contractors or partner companies, this could undermine customer trust and social credibility and result in litigation, potentially having a material impact on operating results and financial condition.」
The company continued to pursue compliance with laws through its compliance system, internal control system and employee training, while continuing to identify the risk of violations of laws involving contractors and partner companies. - FY2021RestatedAnnual report
「The Group's basic policy is to respond sincerely to various legal requirements. It has established compliance and internal control systems and is working across the Group to ensure thorough compliance through employee training. However, its business activities are subject to various laws and regulations, and if a serious violation of laws occurs within the Group or at contractors or partner companies, litigation and other events could occur, potentially having a material impact on customer trust, social credibility, operating results and financial condition.」
The company continued to ensure compliance with laws through its compliance system, internal control system and employee training. - FY2020RestatedAnnual report
「If a serious violation of laws occurs not only within the Group but also at contractors or partner companies, this creates a risk of a material impact on customer trust, social credibility, operating results and financial condition. The Group monitors and responds to the enactment and revision of laws and regulations through internal audits and various other mechanisms. However, if such enactments or revisions restrict business activities or require substantial expenditures for compliance, this creates a risk of a material impact on operating results and financial condition.」
The company continued to identify the risks of violations of laws involving contractors and partner companies, and business restrictions and compliance expenditures arising from regulatory changes. - FY2019First statedAnnual report
「If a serious violation of laws occurs not only within the Group but also at contractors or partner companies, this creates a risk of a material impact on customer trust, social credibility, operating results and financial condition. The Group also monitors the enactment and revision of laws and regulations through internal audits and various other mechanisms. However, if such enactments or revisions restrict business activities or require expenditures for compliance, this creates a risk of a material impact on operating results and financial condition.」
The company identified violations of laws involving contractors and partner companies, as well as business restrictions and compliance expenditures arising from the enactment or revision of laws and regulations, as risks of violations of laws and regulations.