Litigation and Legal Proceedings by Regulatory Authorities
First written in FY2016. 3 of 10 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2024.
Tokai Rika moved to the "Worse" side of this theme in 2016.
The whole theme swung hardest in 2020: 2 of 8 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group has established a Compliance Committee. It has also appointed compliance managers and officers in the departments responsible for legal and regulatory matters and in each division, and is working to ensure that it can continuously conduct activities suited to each workplace and maintain compliance consultation desks and respond appropriately to consultations.」
The Group continues to address the risks of legal proceedings and responses to regulatory authorities through the Compliance Committee, compliance managers and consultation desks. - FY2022RestatedAnnual report
「The Group has established a Compliance Committee. It has also appointed compliance managers and officers in the departments responsible for legal and regulatory matters and in each division, and is working to ensure that it can continuously conduct activities suited to each workplace and maintain compliance consultation desks and respond appropriately to consultations.」
The Group continues to address the possibility of litigation and legal proceedings by regulatory authorities through the Compliance Committee, the responsible departments and consultation desks. - FY2020MitigatedAnnual report
「The Group has established a Compliance Committee. It has also appointed compliance managers and officers in the departments responsible for legal and regulatory matters and in each division, and is working to ensure that it can continuously conduct activities suited to each workplace and maintain compliance consultation desks and respond appropriately to consultations.」
Although the possibility of litigation and legal proceedings by regulatory authorities remains, the Group has specifically disclosed its management framework comprising the Compliance Committee, the responsible departments, managers and officers in each division, and consultation desks. - FY2019RestatedAnnual report
「The Group strives to maintain ongoing compliance in its business activities. However, it may become a party to various lawsuits and legal proceedings brought by regulatory authorities, which could have a material impact on the Group's operating results and financial condition.」
The possibility of litigation and legal proceedings by regulatory authorities continues to be disclosed. No new antitrust-related loss was recognized in the fiscal year. - FY2018MitigatedAnnual report
「The Group strives to maintain ongoing compliance in its business activities. However, it may become a party to various lawsuits and legal proceedings brought by regulatory authorities, which could have a material impact on the Group's operating results and financial condition.…Antitrust-related loss 12,092 2,253」
Although the possibility of litigation and legal proceedings by regulatory authorities continues, the antitrust-related loss decreased from ¥12,092 million in the previous fiscal year to ¥2,253 million. - FY2017WorsenedAnnual report
「The Group strives to maintain ongoing compliance in its business activities. However, it may become a party to various lawsuits and legal proceedings brought by regulatory authorities.…Antitrust-related loss ¥12,092 million」
The possibility of legal proceedings continues to be disclosed, and the antitrust-related loss has increased from ¥8,332 million for the cumulative third quarter to ¥12,092 million for the full year. - FY2017-Q3WorsenedAnnual report
「In connection with the plea agreement concluded with the U.S. Department of Justice in October 2012, civil lawsuits seeking damages have been filed in the United States and elsewhere, and negotiations on damages are being conducted with certain automakers. Antitrust-related loss － 8,332」
Civil litigation and damages negotiations with automakers are continuing, and the antitrust-related loss for the cumulative third quarter amounted to ¥8,332 million. - FY2017-Q2WorsenedAnnual report
「In connection with the plea agreement concluded with the U.S. Department of Justice in October 2012, civil lawsuits seeking damages have been filed in the United States and elsewhere, and negotiations on damages are being conducted with certain automakers. Antitrust-related loss － 8,010」
In addition to the continuing civil litigation and damages negotiations, an antitrust-related loss of ¥8,010 million has been recognized for the cumulative second quarter of the fiscal year. - FY2017-Q1MaterialisedAnnual report
「In connection with the plea agreement entered into with the U.S. Department of Justice in October 2012, civil lawsuits seeking damages have been filed in the United States and elsewhere, and the company is negotiating damages with certain automakers. Antitrust-related losses － 1,216」
In addition to the continuing civil litigation and damages negotiations, an antitrust-related loss of ¥1,216 million has been recognized in the income statement for the quarter. - FY2016First statedAnnual report
「In connection with the plea agreement entered into with the U.S. Department of Justice in October 2012, civil lawsuits seeking damages have been filed in the United States and elsewhere, and the company is negotiating damages with certain automakers.」
The company discloses that civil lawsuits and negotiations with automakers regarding damages are ongoing.