Impact on Performance from Violations of Laws and Other Requirements by Officers and Employees
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2023.
Zensho Holdings moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「However, if compliance-related issues arise, including violations by individual officers or employees of laws, regulations or internal rules, or inappropriate conduct in light of generally accepted social standards, the Group’s operating results and financial condition may be adversely affected.」
The scope of the risk has been specified to include not only violations of laws and regulations by officers and employees, but also violations of internal rules and conduct inappropriate in light of generally accepted social standards. - FY2018RestatedAnnual report
「However, if compliance-related issues such as violations of laws and regulations by individual officers or employees arise, the operating results and financial condition of the Company and the Group may be adversely affected.」
While promoting and embedding a strong compliance culture, the Company continues to identify the risk of an impact from violations of laws and regulations by individual officers or employees. - FY2017First statedAnnual report
「However, if compliance-related issues such as violations of laws and regulations by individual officers or employees arise, the operating results and financial condition of the Company and the Group may be adversely affected.」
While maintaining a compliance framework, the Company explicitly identifies the potential impact of violations of laws and regulations by individual officers or employees as a risk.