Risks Including System Failures and Unauthorized Access
First written in FY2016. 3 of 10 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 17 of 84 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Company currently receives a shared-use service, or ASP service, from an external provider. It has also obtained an AT-C 320 report under US attestation standards certifying the effectiveness of internal controls over IT operations, including system development and operation.」
The company continues to address the risks of system failures, unauthorized access and other incidents through an ASP service and an AT-C 320 report. - FY2022RestatedAnnual report
「In connection with the core-system migration in November 2018, the Company assessed the security and reliability of the core system and currently receives a shared-use service, or ASP service, from an external provider. It has also obtained an AT-C 320 report under US attestation standards certifying the effectiveness of internal controls over IT operations, including system development and operation.」
The company continues to address risks after the core-system migration through use of an ASP service and an AT-C 320 report. - FY2021MitigatedAnnual report
「The Company has also obtained an AT-C 320 report under US attestation standards certifying the effectiveness of internal controls over IT operations, including system development and operation.」
In addition to using an ASP service, the company describes obtaining an AT-C 320 report under US attestation standards as a measure addressing system failures, unauthorized access and other incidents after the core-system migration. - FY2020MitigatedAnnual report
「In connection with the core-system migration in November 2018, the Company assessed the security and reliability of the core system and currently receives a shared-use service, or ASP service, from an external provider. It has also obtained a Report No. 18 certifying the effectiveness of internal controls over IT operations, including system development and operation.」
The use of an ASP service and acquisition of a Report No. 18 are described as measures addressing the security and reliability of the core system after its migration. - FY2019MitigatedAnnual report
「The Company migrated its core system in November 2018. However, no defects or other issues with a material impact on management have occurred.」
Although costs and impairment losses associated with the core-system migration were incurred, the company states that no system defects with a material impact on management have occurred. - FY2019-Q3MaterialisedAnnual report
「Because one-time costs of ¥725 million and other expenses associated with the core-system migration were recorded as extraordinary losses, the quarterly net loss attributable to owners of the parent was ¥2.106 billion, compared with quarterly net income attributable to owners of the parent of ¥1.512 billion in the same quarter of the previous fiscal year.」
One-time costs of ¥725 million and an impairment loss of ¥267 million, among other items, were actually recognized in connection with the core-system migration, resulting in financial impacts related to the migration. - FY2019-Q2MaterialisedAnnual report
「For the core system whose migration had been resolved in a previous fiscal year, the carrying amount of the assets was reduced to their recoverable amount, and an impairment loss of ¥267 million was recognized as an extraordinary loss for the cumulative second quarter of the consolidated fiscal year.」
An impairment loss of ¥267 million related to the core-system migration was recognized, and the migration continued to have financial impacts. - FY2019-Q1MaterialisedAnnual report
「For the core system whose migration had been resolved in a previous fiscal year, the carrying amount of the assets was reduced to their recoverable amount, and an impairment loss of ¥27 million was recognized as an extraordinary loss for the cumulative first quarter of the consolidated fiscal year.」
An impairment loss of ¥27 million on system assets was actually recognized in connection with the core-system migration. - FY2018RestatedAnnual report
「For the purpose of improving operational efficiency and other objectives, we plan to migrate our core system in November 2018. If the benefits of the investment fall short of the costs, or if a defect, unauthorized external access or other system failure occurs, the scale of the incident could have a material impact on our group's operations and could affect its financial position and operating results.」
The company continues to recognize the risks of system failures, unauthorized access and other incidents, and explicitly identifies the risks associated with the planned core-system migration in November 2018. - FY2016First statedAnnual report
「Computer systems continue to evolve, and our group is making new system investments after considering cost-effectiveness. If the benefits of these investments fall short of initial expectations, or if a defect, unauthorized external access or other system failure occurs, the scale of the incident could have a material impact on our group's operations and could affect its financial position and operating results.」
Insufficient returns on system investments, system failures and unauthorized access are described as a single risk.