Risks of Purchasing and Accepting Counterfeit Goods as Pawn Collateral
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In addition, the Company uses authentication equipment and systems alongside the skills of its purchasing staff and continues efforts to eliminate counterfeit goods.」
The use of authentication equipment and systems alongside purchasing staff's appraisal skills was specified, giving concrete form to the response to counterfeit-goods risk. - 2026-05-18MaterialisedPresentation materials on financial results
「Impairment losses were recorded on counterfeit and defective products purchased or accepted as pawn collateral before December 2025.」
Counterfeit and defective products were recognized as obsolete inventory, and impairment losses were recorded. - FY2025RestatedAnnual report
「At Daikokuya, efforts are made to prevent the purchase of counterfeit goods and the acceptance of counterfeit goods as collateral by continually developing the authentication skills of purchasing staff and training purchasing staff with advanced specialized knowledge and extensive experience. The number of cases in which counterfeit goods are mistakenly purchased or accepted as collateral is very small.」
The response to counterfeit-goods risk through the development of purchasing staff's authentication skills, and the explanation that the number of incidents is very small, were reconfirmed. - FY2022RestatedAnnual report
「At Daikokuya, efforts are made to prevent the purchase of counterfeit goods and the acceptance of counterfeit goods as collateral by continually developing the authentication skills of purchasing staff and training purchasing staff with advanced specialized knowledge and extensive experience. The number of cases in which counterfeit goods are mistakenly purchased or accepted as collateral is extremely small.」
The response to counterfeit-goods risk through the development of purchasing staff's authentication skills was reconfirmed. - FY2019RestatedAnnual report
「At Daikokuya, efforts are made to prevent the purchase of counterfeit goods and the acceptance of counterfeit goods as collateral by continually developing the authentication skills of purchasing staff and training purchasing staff with advanced specialized knowledge and extensive experience.」
The policy of addressing counterfeit-goods risk by developing the authentication skills of purchasing staff was reconfirmed. - FY2017RestatedAnnual report
「Problems involving counterfeit goods have become a significant social issue in the used branded-goods retail and pawnbroking industries, and counterfeit goods may be brought to Daikokuya as items for purchase or as collateral for pawn loans.」
The risk of purchasing or accepting counterfeit goods as collateral, and preventive measures involving authentication personnel, were reiterated. - FY2016First statedAnnual report
「Problems involving counterfeit goods have become a significant social issue in the used branded-goods retail and pawnbroking industries, and counterfeit goods may be brought to Daikokuya as items for purchase or as collateral for pawn loans.」
While efforts are being made to prevent such incidents by training appraisers and through other measures, the possibility of problems involving counterfeit goods was disclosed.