Reputational Risk Arising from Compliance Violations
First written in FY2020. 1 of 3 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2024: 8 of 54 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To prevent governance-related misconduct and violations of laws and regulations, the Group is reducing risk by establishing systems for managing group companies, risk and compliance, and internal reporting.」
The Company reaffirmed measures to reduce reputation risk through group-company management, risk and compliance systems, and internal reporting. - FY2021MitigatedAnnual report
「To prevent governance-related misconduct and violations of laws and regulations, the Group is reducing risk by establishing systems for managing group companies, risk and compliance, and internal reporting.」
To address the risk of declining credibility due to compliance violations, the Company has established systems for group-company management, risk and compliance, and internal reporting. - FY2020First statedAnnual report
「The Group operates globally and works to comply with the laws and regulations applicable in each country. It has also established systems for promptly addressing compliance violations if they occur. However, the possibility of compliance violations occurring in the future cannot be completely ruled out. If a violation is serious or the subsequent response or timing is inadequate, the Group’s social credibility could decline significantly, potentially affecting its business performance and financial condition.」
Separately from its existing disclosures on compliance policies and internal controls, the Company explicitly identified as risks the effects of violations on social credibility, business performance and financial condition.