Risk of Unexpected Disputes and Litigation
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 2 of 17 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The group has established various compliance policies and rules, requires its officers and employees to comply with them, maintains close coordination with retained attorneys, and works to reduce the risk of violations of laws and regulations. However, regardless of whether the group or its officers and employees have violated laws or regulations, if unexpected disputes arise with users, customers, business partners or other third parties and develop into litigation, the content and outcome of the litigation, related litigation costs and possible damage to the brand image of the group’s companies and services could affect the group’s performance.」
The company continues to implement measures to reduce the risk of disputes and litigation through compliance policies and rules, strict compliance by officers and employees, and coordination with retained attorneys. - FY2023RestatedAnnual report
「The group has established various compliance policies and rules, requires its officers and employees to comply with them, maintains close coordination with retained attorneys, and works to reduce the risk of violations of laws and regulations.」
The company continues to implement measures to reduce the risk of disputes and litigation through compliance policies and rules, strict compliance by officers and employees, and coordination with retained attorneys. - FY2021RestatedAnnual report
「The group has established various compliance policies and rules, requires its officers and employees to comply with them, maintains close coordination with retained attorneys, and works to reduce the risk of violations of laws and regulations. However, regardless of whether the group or its officers and employees have violated laws or regulations, if unexpected disputes arise with users, customers, business partners or other third parties and develop into litigation, the content and outcome of the litigation, related litigation costs and possible damage to the brand image of the group’s companies and services could affect the group’s performance.」
The company continues to disclose the risk of unexpected disputes and litigation and presents measures to reduce the risk through compliance policies and rules and coordination with retained attorneys. - FY2019First statedAnnual report
「However, regardless of whether the group or its officers and employees have violated laws or regulations, unexpected disputes may arise with users, customers, business partners or other third parties and develop into litigation. The content and outcome of such litigation, related litigation costs, or damage to the brand image of the group’s companies and services could affect the group’s performance.」
The company describes the risk that unexpected disputes with users, customers, business partners or other third parties may develop into litigation, resulting in litigation costs and damage to its brand image.