Losses and Reputational Damage Caused by Erroneous Orders and Clerical Processing Mistakes
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
42 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We believe that this risk is highly likely to materialize, including in minor cases. As a countermeasure, we have established an internal Administrative Error Review Committee to collect information on administrative errors and compile improvement measures.」
The company continues to assess the likelihood of administrative processing errors and erroneous orders materializing as high and address them through the Administrative Error Review Committee and cooperation among relevant departments. - FY2021WorsenedAnnual report
「We believe that this risk is highly likely to materialize, including in minor cases. As a countermeasure, we have established an internal Administrative Error Review Committee to collect information on administrative errors and compile improvement measures.」
While explicitly assessing the likelihood of operational risk materializing as high, including in minor cases, the company continues to cite the Administrative Error Review Committee, cooperation among relevant departments and thorough communication as countermeasures. - FY2020MitigatedAnnual report
「As a countermeasure, we have established an internal Administrative Error Review Committee to collect information on administrative errors and compile improvement measures.」
In response to the risk of erroneous orders and administrative processing errors, the company disclosed that it had established an Administrative Error Review Committee and a response framework involving cooperation among the Compliance Department, Administrative Planning Department and Operations Guidance Department. - FY2019RestatedAnnual report
「In particular, to prevent erroneous orders, we have established a checking system involving managers and our systems. However, if incorrect data is sent to an exchange, losses may occur.」
The company continues to disclose the risk of administrative processing errors and erroneous orders, together with checks by managers and its systems. - FY2017RestatedAnnual report
「We have established systems to ensure accurate administrative processing in accordance with our internal rules and manuals. However, if accurate processing is not carried out due to intentional or negligent acts, accidents or other causes involving our officers and employees, economic losses may occur and our social credibility may be severely damaged. In particular, to prevent erroneous orders, we have established a checking system involving managers and our systems.」
The company reiterates the risk of administrative processing errors and erroneous orders, together with checks under its rules and manuals and by managers and its systems. - FY2016First statedAnnual report
「We have established systems to ensure accurate administrative processing in accordance with our internal rules and manuals. However, if accurate processing is not carried out due to intentional or negligent acts, accidents or other causes involving our officers and employees, economic losses may occur and our social credibility may be severely damaged.」
The company explains that it has established a checking system involving managers and its systems for erroneous orders.