Organizational and cultural reform following Antimonopoly Act violations
First written in FY2024. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: 2026-03-31.
The whole theme swung hardest in 2020: 2 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- 2026-03-31RestatedGovernance
「Executive Officers and Operating Departments (including consolidated subsidiaries)」
This diagram illustrates the business execution structure comprising the executive officer system and operating departments, including consolidated subsidiaries. - FY2025AdvancedAnnual report
「As part of the organizational reforms, we have decided to establish a Compliance Promotion Office, reform the Board of Directors and introduce an executive officer system, among other measures, and will work diligently to implement them.」
The organizational reforms presented as measures to prevent recurrence following the violation of the Antimonopoly Act, including the establishment of a Compliance Promotion Office, reform of the Board of Directors and introduction of an executive officer system, have been reflected in the internal control framework. - FY2024First statedAnnual report
「In particular, in light of the cease-and-desist order and surcharge payment order issued by the Japan Fair Trade Commission in June 2024 for violations of the Antimonopoly Act, we will strongly pursue organizational and cultural reform this fiscal year to ensure that such misconduct never occurs again. As part of the organizational reforms, we have decided to establish a Compliance Promotion Office, reform the Board of Directors and introduce an executive officer system, among other measures, and will work diligently to implement them.」
In light of the cease-and-desist order and surcharge payment order concerning violations of the Antimonopoly Act, the company has for the first time explicitly stated its policy of pursuing organizational and cultural reform to prevent recurrence. Specific measures include establishing a Compliance Promotion Office, reforming the Board of Directors and introducing an executive officer system.