Risk of Misconduct Due to Deficiencies in Governance and Internal Controls
First written in FY2020. 1 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2019: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「For its subsidiaries, the company will take measures through appropriate post-merger integration, appropriate communication between the company and its subsidiaries, and reliable operation of its internal whistleblowing rules.」
As measures to address the risk of deficiencies in governance and internal controls, the company explicitly cites post-merger integration at subsidiaries, communication between the parent company and subsidiaries, and operation of its internal whistleblowing rules. - FY2022RestatedAnnual report
「In response, the parent company is strengthening governance and internal controls centered on its Internal Audit Office, while subsidiaries are doing so through their Group Management Offices. The company also seeks to act in accordance with advice received under contracts with outside law firms, social insurance and labor consultants, and other specialists.」
The company is reaffirming its response to misconduct risk through the parent company’s Internal Audit Office, the subsidiaries’ Group Management Offices and outside experts. - FY2021MitigatedAnnual report
「In this regard, we are strengthening governance and internal controls by establishing a voluntary nomination and compensation committee and creating departments dedicated to managing the internal controls of affiliated companies.」
As measures to address the risk of deficiencies in governance and internal controls, the company cites the Nomination and Compensation Committee and a specialized department overseeing the internal controls of affiliated companies. - FY2020First statedAnnual report
「The group is developing and operating its governance and internal control systems, but deficiencies in these systems could result in losses caused by misconduct.」
The company lists as a standalone risk the possibility that deficiencies in governance and internal controls could result in losses caused by misconduct.