Risk of Administrative Sanctions and Reputational Damage Arising from Violations of Laws and Regulations and Disputes
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company believes that the likelihood of this risk materialising is relatively low. With respect to compliance with laws and regulations, the company has established a Compliance Department and an Audit Department and works to monitor and prevent violations. It also conducts compliance training every month.」
The company assesses the risks of violations of laws and regulations and disputes as relatively low and continues monitoring by the Compliance Department and Audit Department and monthly training. - FY2020MitigatedAnnual report
「With respect to compliance with laws and regulations, the company has established a Compliance Department and an Audit Department and works to monitor and prevent violations. It also conducts compliance training every month.」
As measures addressing the risks of violations of laws and regulations and disputes, the company specified monitoring and prevention by the Compliance Department and Audit Department, as well as monthly training. - FY2019RestatedAnnual report
「The company conducts its business in compliance with the Financial Instruments and Exchange Act and other applicable laws, regulations and rules. However, if a violation of laws or regulations occurs due to the wilful misconduct or negligence of an officer or employee, the company may be subject to administrative sanctions or other measures, suffer a loss of public confidence and experience a decline in transactions. In addition, if a dispute arises with a customer, business partner or other party, the company may be sued.」
The company has reiterated the risks of administrative sanctions, loss of confidence and litigation arising from violations of laws and regulations and disputes. It has also retained the statement that there are no lawsuits that would have a material impact on performance. - FY2017RestatedAnnual report
「The company conducts its business in compliance with the Financial Instruments and Exchange Act and other applicable laws, regulations and rules. However, if a violation of laws or regulations occurs due to the wilful misconduct or negligence of an officer or employee, the company may be subject to administrative sanctions or other measures, suffer a loss of public confidence and experience a decline in transactions. In addition, if a dispute arises with a customer, business partner or other party, the company may be sued. At present, there are no lawsuits that would have a material impact on the company's performance.」
The company has reiterated the risks of administrative sanctions, loss of confidence and litigation arising from violations of laws and regulations and disputes. It has also retained the statement that there are currently no lawsuits that would have a material impact on performance. - FY2016First statedAnnual report
「The company conducts its business in compliance with the Financial Instruments and Exchange Act and other applicable laws, regulations and rules. However, if a violation of laws or regulations occurs due to the wilful misconduct or negligence of an officer or employee, the company may be subject to administrative sanctions or other measures, suffer a loss of public confidence and experience a decline in transactions. In addition, if a dispute arises with a customer, business partner or other party, the company may be sued. At present, there are no lawsuits that would have a material impact on the company's performance.」
The company explicitly states that there are currently no lawsuits that would have a material impact on performance.