Risk of delays in establishing internal control systems amid rapid expansion of business and consolidation scope
First written in FY2022. 3 of 6 entries say "Restated". Latest entry: 2026-10-07.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It is stated that there have been no significant changes to the key risks, and no new changes have been indicated regarding the risk of delays in establishing internal control systems amid rapid business expansion and expansion of the scope of consolidation. - FY2025RestatedAnnual report
「In anticipation of future business expansion, our Group recognizes the importance of strengthening its internal control system. We investigate and analyze the internal control status of acquisition targets in advance and, after acquisition, are developing a management system centered on the holding company, our company, to ensure the high level of internal control expected of a listed company group.」
The need to establish internal control systems in response to rapid business expansion and expansion of the scope of consolidation, and the response through pre-acquisition investigations and a management system centered on the holding company, were reconfirmed. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no significant changes to the key risks, and no new changes have been indicated regarding the risk of delays in establishing internal control systems amid rapid business expansion and expansion of the scope of consolidation. - FY2022First statedAnnual report
「However, if the establishment of an adequate internal control system within our Group fails to keep pace with the rapid expansion of the business and the rapid increase in companies included in consolidation, appropriate business operations may become difficult, potentially affecting the Group's operating results and financial condition.」
The possibility that the establishment of an internal control system may fail to keep pace with business expansion and the increase in companies included in consolidation was identified for the first time as a key risk. Measures described include due diligence before and after acquisitions and establishing a management system centered on the holding company.