Material litigation and dispute risk associated with domestic and overseas operations
First written in FY2017. 1 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2024.
- FY2024Change in the department responsible for legal risksAnnual report
「With respect to these legal risks, we seek to ensure thorough compliance with laws and regulations at headquarters and affiliated companies. We have also established the Internal Audit Office to improve management efficiency and oversee headquarters and affiliated companies.」
The description of the response to legal risks has changed from establishing an Operations Management Office to establishing an Internal Audit Office. - FY2019RestatedAnnual report
「With respect to these legal risks, we seek to ensure thorough compliance with laws and regulations at headquarters and affiliated companies. We have also established the Operations Management Office to improve management efficiency and oversee headquarters and affiliated companies.」
The material litigation risk and the response framework involving the Operations Management Office, legal compliance and the CSR Committee continue. - FY2018MitigatedAnnual report
「With respect to these legal risks, we seek to ensure thorough compliance with laws and regulations at headquarters and affiliated companies. We have also established the Operations Management Office to improve management efficiency and oversee headquarters and affiliated companies.」
Although the material litigation risk itself continues, the response framework involving the Operations Management Office, legal compliance and the CSR Committee is described in specific terms. - FY2017First statedAnnual report
「In connection with our domestic and overseas operations, our group is exposed to the risk of litigation, disputes and other legal proceedings. No litigation having a material impact on our group's business was brought during the fiscal year under review. However, if material litigation or other proceedings are brought in the future, they could adversely affect our group's operating results and financial position.」
The disclosure states that no material litigation was brought during the year, while identifying future litigation and dispute risks associated with domestic and overseas operations.