Establishment of Risk Management and Compliance Framework
First written in FY2017. 7 of 15 entries say "Advanced", first in 2026-04-15. Latest entry: 2026-09-29.
- 2026-09-29AdvancedBusiness Plan
「リスク管理委員会・コンプライアンス委員会を四半期から月次開催に変更し、常勤監査役が原則毎回出席。」
委員会の開催頻度を月次に変更し、常勤監査役の出席を含む運用強化を具体的に示している。 - FY2026AdvancedAnnual report
「We have established a Compliance Committee and a Risk Management Committee to share information necessary for compliance and risk management activities, and hold each committee at least once a month to improve and enhance their respective activities.」
The operating frequency was specified as at least once a month, compared with the previous practice of establishing committees and holding meetings quarterly. The internal management system has also been developed to include the establishment of an Information Security Committee, an internal whistleblowing system, and reporting by the Internal Audit Office to the Board of Directors and the Board of Corporate Auditors. - FY2026-H1WorsenedAnnual report
「The company's Risk and Compliance Committee had become dysfunctional: when the company began receiving employment adjustment subsidies, it did not consider the risk of improper receipt, and even when the possibility of improper receipt was identified during an investigation of an internal whistleblowing report by the Corporate Headquarters, no report or discussion concerning that risk took place.」
The Tokyo Stock Exchange stated that, in connection with the improper receipt of employment adjustment subsidies, the Risk and Compliance Committee had failed to consider, report or discuss the relevant risks and had become dysfunctional. - FY2025WorsenedAnnual report
「However, on 29 August 2025, an investigation by the Special Investigation Committee established by the company found that employment adjustment subsidies improperly received from the fiscal year ended March 2021 through the fiscal year ended March 2022 had been overstated as revenue.」
Following the implementation of the previously established compliance and risk management framework and past measures to prevent recurrence, the company discovered the improper receipt and overstatement of employment adjustment subsidies. The company states that fundamental changes in awareness and the reliable implementation of measures to prevent recurrence are necessary. - FY2024RestatedAnnual report
「To facilitate the sharing of information necessary for compliance and risk management activities, the company established a Compliance Committee and a Risk Management Committee, each of which meets once a quarter to improve and enhance its respective activities.」
The company continues to operate a management framework through the Compliance Committee, Risk Management Committee, internal audit office and internal whistleblowing system. - FY2022MaterialisedAnnual report
「As announced on 16 March 2022, following receipt of the investigation report concerning applications for Go To Travel business subsidies by the company's Global Alliance Division, the company has been implementing the following measures to prevent recurrence.」
The company disclosed that an issue had arisen concerning applications for Go To Travel business subsidies and that it had received an investigation report, despite its previously established compliance and risk management framework. - FY2021RestatedAnnual report
「The company established a Compliance Committee and a Risk Management Committee, each of which meets once a quarter to improve and enhance its respective activities.」
The company continues to operate a management framework through the Compliance Committee, Risk Management Committee, internal audit office and internal whistleblowing system. Individual measures to prevent recurrence are progressing separately under t51. - FY2020MaterialisedAnnual report
「Following the discovery that employees had fictitiously recorded sales and improperly appropriated company assets, the company is proceeding with an investigation by an external investigative team composed of outside experts」
The company states that, despite the compliance and risk management framework previously established, employees in fact fictitiously recorded sales and improperly appropriated company assets. - FY2018RestatedAnnual report
「To facilitate the sharing of information necessary for compliance and risk management activities, the company established a Compliance Committee and a Risk Management Committee, each of which meets once a quarter to improve and enhance its respective activities.」
The company continues to manage the group through the Compliance Committee, Risk Management Committee, internal audit office, internal whistleblowing system and rules for managing affiliated companies. - FY2017First statedAnnual report
「To facilitate the sharing of information necessary for compliance and risk management activities, the company established a Compliance Committee and a Risk Management Committee, each of which meets once a quarter to improve and enhance its respective activities.」
The company describes a framework for ensuring legal compliance and minimizing losses throughout the group through its committees, internal audit office, internal whistleblowing system, risk management rules and compliance rules.