Risk That Internal Controls Will Not Keep Pace With Rapid Business Expansion
First written in FY2019. 15 of 20 entries say "Restated". Latest entry: 2026-08-14.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2024MitigatedAnnual report
「The company has established an Internal Audit Office, a department reporting directly to the Representative Directors and staffed by 2 dedicated employees, which conducts internal audits of head-office departments, facilities nationwide and subsidiaries to improve operational efficiency and prevent misconduct before it occurs.」
The company describes a framework under which an Internal Audit Office staffed by 2 dedicated employees audits the head office, facilities nationwide and subsidiaries in response to internal control risks arising from rapid business expansion. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2022RestatedAnnual report
「The company's internal audit office will conduct on-site audits of subsidiaries and report the audit results to the Representative Director.」
The company is reconfirming the framework for operating internal audits, subsidiary management rules, risk management rules and management meetings in response to internal control risks arising from rapid business expansion. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2021MitigatedAnnual report
「The company's internal audit office will conduct on-site audits of subsidiaries and report the audit results to the Representative Director.」
While the risk of internal control measures lagging behind rapid business expansion continues, the company has specifically established and implemented operating frameworks for internal audits, risk management rules, subsidiary management and management meetings. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A summary statement says there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2020RestatedAnnual report
「If rapid business expansion or similar factors result in a situation where the establishment of an adequate internal control framework cannot keep pace, appropriate business operations may become difficult, which may affect the Group's operating performance and financial condition.」
The company continues to disclose the risk that the internal control framework will lag behind the rapid expansion of facilities and the organisation. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk that the establishment of an internal control framework will not keep pace with rapid business expansion. - FY2019First statedAnnual report
「If rapid business expansion or similar factors result in a situation where the establishment of an adequate internal control framework cannot keep pace, appropriate business operations may become difficult, which may affect the Group's operating performance and financial condition.」
The company describes risks to the propriety of operations, the reliability of financial reporting and legal compliance arising from the rapid expansion of facilities and the organisation.