Risk That Internal Management Systems Fail to Keep Pace with Rapid Business Expansion
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
- FY2020RestatedAnnual report
「The company believes that it has established an adequate system to ensure the proper operation of its internal control system and thorough compliance with laws and regulations based on sound ethical principles. However, it recognizes that the system is still developing and needs to be further strengthened to respond to future business operations and expansion.」
The company continues to recognize that its internal management system is still developing and that responding to business expansion remains a challenge. - FY2019RestatedAnnual report
「However, if the development of an adequate internal management system fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Group's operating results and financial position.」
The company continues to recognize the risk that its internal management system may fail to keep pace with business expansion. - FY2018First statedAnnual report
「If the development of an adequate internal management system fails to keep pace with rapid business expansion, appropriate business operations may become difficult, potentially affecting the Group's operating results and financial position.」
The company identifies as a risk that its internal management system is still developing and that responding to business expansion remains a challenge.