Risk of Damages Claims and Reputational Damage from Information Security Incidents
First written in FY2020. 2 of 4 entries say "Worsened", first in FY2022. Latest entry: FY2023.
Kyosan Electric Manufacturing moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 26 of 91 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「As our business expands globally and the risk of information-related incidents increases year by year due to the expansion of telework and other factors, an incident could potentially result in a situation threatening the company's survival because of compensation payments to customers, lost business opportunities, and a loss of public trust.」
The potential impact of information security incidents is explicitly stated to include compensation payments, lost business opportunities, loss of public trust, and even a threat to the company's survival. - FY2022WorsenedAnnual report
「The threat of cyberattacks is growing each year. We seek to reduce information security risks by strengthening system security and thoroughly educating all employees and other relevant personnel who handle information concerning our group.」
The company states that the threat of cyberattacks is growing each year and describes education measures covering all employees and relevant personnel. - FY2021RestatedAnnual report
「As a company operating businesses of high public importance, our group regards information security risks as a material issue. As the globalization of our business accelerates and the risk of information leakage increases year by year due to the expansion of telework and other factors, our group is working to strengthen its systems division and take other measures. However, if an information security incident occurs, operating performance could be materially affected by customer claims for damages, lost business opportunities, and diminished public trust.」
Information security is classified as a material risk, and the risk of information leakage associated with the expansion of telework and its potential impact on operating performance continue to be disclosed. - FY2020First statedAnnual report
「As a company operating businesses of high public importance, the Group considers information security risk to be a serious issue. As its businesses become increasingly globalized and the risk of information leaks rises each year with the expansion of telework and other arrangements, the Group is working to strengthen its systems division and other functions. However, an information security incident could significantly affect operating results through damages claims from customers, lost business opportunities, and a decline in public confidence.」
Information leakage risk is described separately as a material issue for the first time in connection with globalization and the expansion of telework.