Litigation risk arising from violations of laws and regulations, contractual defects and other causes
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The Company works to ensure thorough compliance with laws and regulations and prevents legal risks from materialising by conducting thorough legal reviews to ensure that its various operations comply with applicable laws and regulations. However, the Company's business operations, performance and financial condition could be adversely affected if lawsuits were brought against the Company on grounds including violations of laws and regulations or contractual defects.」
Continues to implement preventive measures through legal reviews and address the risk of litigation arising from violations of laws and regulations, contractual defects and other causes. - FY2018RestatedAnnual report
「The Company works to ensure thorough compliance with laws and regulations and prevents legal risks from materialising by conducting thorough legal reviews to ensure that its various operations comply with applicable laws and regulations. However, the Company's business operations, performance and financial condition could be adversely affected if lawsuits were brought against the Company on grounds including violations of laws and regulations or contractual defects.」
Continues to implement preventive measures through legal reviews and address the risk of litigation arising from violations of laws and regulations, contractual defects and other causes. - FY2017First statedAnnual report
「However, the Company's business operations, performance and financial condition could be adversely affected if lawsuits were brought against the Company on grounds including violations of laws and regulations or contractual defects.」
Describes preventive measures including legal reviews, and identifies the impact of litigation on operations, performance and financial condition as a risk.