Sanctions and Reputational Damage Resulting from Domestic and Overseas Violations of Laws and Regulations
First written in FY2022. 2 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In addition to the Oiles Group Corporate Charter of Conduct, the Oiles Group Code of Conduct and the Oiles Group Compliance Implementation Guide, the Group works to ensure compliance with these laws and regulations through various training programmes for officers and employees.」
The Group continues to address the risk of violations of laws and regulations through its corporate charter, code of conduct, implementation guide and training for officers and employees. - FY2023MitigatedAnnual report
「In addition to the Oiles Group Corporate Charter of Conduct and Code of Conduct, the Group works to ensure compliance with these laws and regulations through various training programmes for officers and employees.」
In response to the risk of violating domestic and overseas laws and regulations, the Company specifies a compliance framework based on its corporate charter and code of conduct and training for officers and employees. - FY2022First statedAnnual report
「The laws and regulations relevant to the Group’s business are wide-ranging, including antitrust laws, security trade controls and anti-bribery laws, both in Japan and overseas.」
The Company lists the risk of punishment, sanctions and reputational damage resulting from violations of laws and regulations, including antitrust laws, security trade controls and anti-bribery laws, as a separate item.