Compliance Risk
First written in FY2016. 1 of 2 entries say "Mitigated", first in FY2018. Latest entry: FY2018.
17 other companies' latest entry also says "Mitigated".
- FY2018MitigatedAnnual report
「In addition to establishing an ethics policy and code of conduct, the Group established an Ethics and Compliance Committee reporting directly to the Representative Director and President, and works to ensure and promote compliance throughout the Group.」
The document specifies the response through the ethics policy, code of conduct and Ethics and Compliance Committee reporting directly to the President. - FY2016First statedAnnual report
「The Group operates in a wide range of business areas, and the laws and regulations related to its business activities cover a broad range, including the Companies Act, tax laws, various laws and regulations aimed at preventing bribery and other corrupt practices, the Antimonopoly Act, trade-related laws including the Foreign Exchange and Foreign Trade Act, the Building Standards Act, and various industry-specific laws such as chemical substance regulations.」
Compliance with the broad range of laws and regulations covering multiple businesses and overseas transactions is identified as a risk.