Investigation of the issues and determination of their causes by the Crisis Management Committee and the Independent Committee
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2019.
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- FY2019AdvancedAnnual report
「The investigation identified 7,813 instances of alteration, falsification and other misconduct, and personnel disciplinary action was taken against employees identified as having newly engaged in improper conduct.」
The disclosure states that the full investigation of investment real estate loans identified 7,813 instances of alteration, falsification and other misconduct, and that personnel disciplinary action was taken against employees identified as having been involved. - FY2019-Q3RestatedAnnual report
「・Full investigation of investment real estate loans」
The full investigation of investment real estate loans was reiterated as an item in the business improvement plan. - FY2019-Q2AdvancedAnnual report
「Full investigation of investment real estate loans」
In addition to the investigations by the former Crisis Management Committee and Third-Party Committee, a full investigation of investment real estate loans was explicitly included as an item in the business improvement plan. - FY2019-Q1RestatedAnnual report
「We established a Crisis Management Committee composed of external attorneys and have conducted an investigation into the facts.」
The investigation into the facts by the Crisis Management Committee, composed of external attorneys, and the investigation by the Third-Party Committee are continuing. - FY2018First statedAnnual report
「In view of the seriousness of the situation and to fulfill our accountability to stakeholders, in May of the same year we established a Third-Party Committee composed solely of completely independent, neutral and impartial experts, and commissioned it to conduct a thorough investigation and determine the causes of the share-house-related loans and other investment real estate-related loans.」
A Crisis Management Committee was established in January 2018, followed in May of the same year by a Third-Party Committee composed of completely independent experts. Based on the Third-Party Committee's investigation findings, we plan to identify the root causes and implement fundamental corrective measures.