Impact of material litigation and legal proceedings on reputation and results
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 2 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company works to prevent and mitigate litigation risk through the development and proper operation of its compliance framework, including prior review of contracts relating to each business activity and thorough legal checks before internal approvals or resolutions by the Board of Directors.」
The Company continues to address litigation risk through contract reviews, legal checks, consultation with the legal department and coordination with external law firms. - FY2024RestatedAnnual report
「The Company works to prevent and mitigate litigation risk through the development and proper operation of its compliance framework, including prior review of contracts relating to each business activity and thorough legal checks before internal approvals or resolutions by the Board of Directors.」
The Company continues to address litigation risk through contract reviews, legal checks, consultation with the legal department and coordination with external law firms. - FY2021MitigatedAnnual report
「The Company works to prevent and mitigate litigation risk through the development and proper operation of its compliance framework, including prior review of contracts relating to each business activity and thorough legal checks before internal approvals or resolutions by the Board of Directors.」
For litigation and legal proceeding risks, the Company specifies prior contract reviews, legal checks, consultation with the legal department and coordination with external law firms as countermeasures. - FY2020First statedAnnual report
「The Group may face lawsuits or other legal proceedings in connection with its business activities, and depending on their nature, these could affect the Group's reputation, results and financial condition.」
The Company identified for the first time the possibility of litigation and legal proceedings as a standalone risk, citing contract reviews, legal checks and early consultation with the legal department as countermeasures.