Seika (8061) · RiskMitigated
Risks of Contractual Deficiencies and Failure to Meet Requirements in New Business Areas and Overseas Transactions
First written in FY2022. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
2entries
4years
0from disclosures
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Risk of substantial damages claims arising from contract breaches, accidents, and other issuesA theme 9 companies write about · 9 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Mitigated".
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- FY2025MitigatedAnnual report
「・Establish systems and strengthen training to deepen understanding of contract terms ・Establish a preliminary review system led by the Business Review Department ・Regular monitoring by the Management Committee」
For the risks of contract deficiencies and sales-related incidents in new business areas, overseas transactions and other activities, the company identified training, preliminary reviews and monitoring by the Management Committee as specific responses. - FY2022First statedAnnual report
「To prevent and mitigate these risks, the company will review its organizational framework and systems, and strengthen investigation and evaluation, review, legal checks, and monitoring and detection functions without sacrificing efficiency.」
The company separately identified the risk that contract deficiencies and failure to meet requirements associated with the expansion of new business areas, products, transaction formats and overseas transactions could lead to sales-related incidents or losses.