Risks of Litigation and Violations of Laws, Regulations and Compliance Requirements
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2019: 1 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「However, even with these measures in place, it may not be possible to completely eliminate compliance risks. If an incident occurs involving a violation of relevant laws or regulations in Japan or overseas, the FDK Group's reputation may suffer, or its business may be adversely affected by substantial administrative fines or claims for damages.」
While implementing measures including corporate conduct guidelines, the FUJITSU Way and internal whistleblowing channels, the company continues to explain that risks including violations of laws and regulations remain. - FY2017RestatedAnnual report
「However, even with these measures in place, it may not be possible to completely eliminate compliance risks. If an incident occurs involving a violation of relevant laws or regulations in Japan or overseas, the FDK Group's reputation may suffer, or its business may be adversely affected by substantial administrative fines or claims for damages.」
While maintaining corporate conduct guidelines and internal systems, the company continues to explain that risks of violations of laws and regulations, reputational damage, administrative fines and damages claims remain. - FY2016First statedAnnual report
「However, even with these measures in place, it may not be possible to completely eliminate compliance risks. If an incident occurs involving a violation of relevant laws or regulations in Japan or overseas, the FDK Group's reputation may suffer, or its business may be adversely affected by substantial administrative fines or claims for damages.」
The company identifies as risks damages arising from litigation, reputational damage and administrative fines or claims for damages resulting from violations of laws and regulations.