Risk of loss of credibility due to compliance violations and administrative errors
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 8 of 54 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Our group has established a Code of Conduct and works to ensure thorough compliance with laws and regulations. However, if an officer, employee or other personnel of our group violates any law or regulation, we may suffer reputational damage, which could adversely affect our business activities, operating results and financial position.」
The company has continued to disclose compliance with laws and regulations under its Code of Conduct and the risk that legal violations or administrative errors could affect its reputation and operating results. - FY2021First statedAnnual report
「Our group has established a Code of Conduct and works to ensure thorough compliance with laws and regulations. However, if an officer, employee or other personnel of our group violates any law or regulation, we may suffer reputational damage, which could adversely affect our business activities, operating results and financial position.」
The company separately disclosed the risk that, despite compliance with laws and regulations under its Code of Conduct, legal violations or administrative errors by officers and employees could affect its reputation, operating results and financial position.