Internal Control Deficiencies Concerning Applications for Go To Travel Campaign Benefits
First written in FY2022. 2 of 5 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2026-H1.
Tabikobo moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「The committee had become dysfunctional, including when the possibility of fraudulent receipt of subsidies was identified during an investigation of an internal whistleblowing report by the Corporate Headquarters, yet no report or discussion was held regarding the risk of fraudulent receipt of subsidies,」
Following the Go To Travel subsidy issue, the report also stated that, regarding fraudulent receipt of employment adjustment subsidies, no reporting or discussion of the risk took place after the possibility had been identified through an internal whistleblowing report. - FY2024RestatedAnnual report
「In addition, to promote the permeation of a compliance culture, we have positioned compliance as one of the company's key management issues, continued to work to ensure the thorough operation of the internal control system, including measures to prevent recurrence, and will continue strengthening our compliance framework.」
In light of the internal control issues concerning subsidy applications, the company has positioned compliance as a key issue and continues to ensure the thorough implementation of recurrence-prevention measures and internal control procedures. - FY2023MitigatedAnnual report
「Following receipt of the verification committee's report, the company has been implementing the following measures to prevent recurrence since February 2023.」
Following the re-verification concerning Go To Travel subsidy applications, the company stated that it had begun addressing internal control issues, including clarifying management accountability, reviewing authority and segregation of duties, providing training on accounting fraud risks, and holding quarterly discussions with the audit firm. However, ensuring thorough implementation remains ongoing. - FY2023-Q3WorsenedAnnual report
「After it became clear that certain matters in the findings of the investigation report on applications for Go To Travel program subsidies received by the company on 2 March 2022 required re-verification, the company established a verification committee and conducted a re-verification. The company received the committee's verification report dated 10 February 2023 and disclosed its contents.」
It became clear that certain matters in the findings of the previous investigation report required re-verification, leading to a re-verification by the verification committee and the receipt and disclosure of its verification report. The report stated that additional verification of the internal control issues was necessary. - FY2022MaterialisedAnnual report
「The 4 issues identified as causes of this incident were: ① insufficient understanding of the eligibility requirements for the subsidies, ② inadequate customer credit management, ③ deficiencies in risk identification, and ④ inadequate enforcement of internal rules and processes. These issues were identified primarily as demonstrating the need to ensure the proper operation of the internal control system,」
Following the investigation report on applications for Go To Travel program subsidies, it was stated that internal control issues had in fact occurred in understanding the eligibility requirements, managing customer credit, identifying risks, and operating internal rules and processes.