Inadequate measures to prevent money laundering and terrorist financing
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Based on applicable laws and regulations in Japan and overseas, supervisory guidelines and the risk-based approach, the Group establishes and operates control systems under the leadership of management. It also works to prevent violations of laws and regulations and improve its response capabilities by providing education and training and taking other necessary measures for directors, audit & supervisory board members, executive officers and employees.」
The company specified a control framework covering measures to prevent money laundering and terrorist financing, responses to economic sanctions, customer due diligence, ongoing customer management and transaction monitoring. - FY2025RestatedAnnual report
「The Group regards measures to prevent money laundering as an important management issue, has established systems to comply with laws and regulations in its domestic and overseas business activities, and continues to strengthen these measures.」
The company identified measures to prevent money laundering and terrorist financing as an important management issue and continued to strengthen them in Japan and overseas. - FY2024First statedAnnual report
「If measures to prevent money laundering fail to function effectively and violations of laws or regulations occur, the Company and the Group may suffer adverse effects on their operations, operating performance and financial condition as a result of administrative actions such as business suspension and fines, as well as reputational damage.」
Inadequate measures to prevent money laundering and terrorist financing were identified as a new material risk that could lead to business suspension, fines and reputational damage.