Cooperation with Investigations and Recovery of Funds in Response to the Cash Outflow Incident
First written in FY2021-Q3. 6 of 8 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025-H1.
1 other company's latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「For the interim consolidated accounting period (from 1 April 2024 to 30 September 2024), this resulted from the partial recovery of funds related to the cash outflow incident at a European consolidated subsidiary.」
Regarding the response to the cash outflow incident, partial recovery was achieved during the interim period as well, and a remittance fraud recovery gain of ¥8 million was recognized. - FY2024AdvancedAnnual report
「Recovery gains from remittance fraud at a subsidiary」
Regarding the response to the cash outflow incident, partial recovery of ¥111 million was achieved during the fiscal year as well. - FY2024-Q3AdvancedAnnual report
「Recovery gains from remittance fraud at a subsidiary ¥59 million」
Regarding the cash outflow incident at a European consolidated subsidiary, partial recovery was achieved during the nine-month period of the third quarter of the consolidated fiscal year as well, and a recovery gain of ¥59 million was recognized. - FY2023AdvancedAnnual report
「This relates to the partial recovery of funds in the outflow incident at a European consolidated subsidiary.」
Regarding the cash outflow incident at a European subsidiary, partial recovery was achieved during the fiscal year as well, and a recovery gain of ¥215 million was recognized. - FY2023-Q3AdvancedAnnual report
「For the nine-month period of the third quarter of the consolidated fiscal year (from 1 April 2022 to 31 December 2022), this resulted from the partial recovery of funds related to the cash outflow incident at a European consolidated subsidiary.」
Regarding the cash outflow incident at a European consolidated subsidiary, partial recovery was achieved and a recovery gain of ¥182 million was recognized. - FY2023-Q2AdvancedAnnual report
「Recovery gains from remittance fraud at a subsidiary」
Regarding the cash outflow incident at a European consolidated subsidiary, partial recovery was achieved and a recovery gain of ¥110 million was recognized. - FY2021MitigatedAnnual report
「Following the incident, our group recognized that risk management issues existed not only at the company concerned but also in the risk management of our group's remittance processes, and has taken measures to prevent a recurrence.」
Following the cash outflow incident, measures to prevent recurrence have been implemented for risk management across the group, including its remittance processes. - FY2021-Q3First statedAnnual report
「Soon after discovering the outflow, the Company and its European consolidated subsidiary recognized that the instructions were fraudulent and that they had likely been drawn into a crime. They organized a response team, reported the incident to investigative authorities in the relevant countries, cooperated fully with the investigation and made every effort to preserve and recover the outflow funds.」
Following the discovery of the cash outflow, a response team was formed, and reports to investigative authorities in the countries concerned, cooperation with investigations, and procedures to preserve and recover the outflow funds are under way.