Risk of Legal or Regulatory Violations and Unauthorized Use of Non-Public Information by Officers and Employees
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Although establishing an internal control system and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they cannot eliminate all unlawful conduct.」
Continues to state that unlawful conduct, concealment, and inappropriate use or leakage of non-public information may remain even after internal controls and compliance training have been implemented. - FY2021RestatedAnnual report
「Although establishing an internal control system and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they cannot eliminate all unlawful conduct.」
Continues to disclose the possibility that unlawful conduct, concealment, and inappropriate use or leakage of non-public information may remain even after internal controls and compliance training have been implemented. - FY2019RestatedAnnual report
「Although establishing internal controls and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they do not guarantee the elimination of all unlawful conduct. In addition, intentional unlawful conduct by officers and employees is generally concealed with considerable care and may remain undiscovered for an extended period, potentially resulting in cases in which the Group is required to pay damages that affect its future performance.」
Reiterates the residual risk of unlawful conduct, intentional concealment, and unauthorized use or leakage of non-public information even after internal controls and training have been implemented. - FY2018RestatedAnnual report
「Although establishing internal controls and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they do not guarantee the elimination of all unlawful conduct. In addition, intentional unlawful conduct by officers and employees is generally concealed with considerable care and may remain undiscovered for an extended period, potentially resulting in cases in which the Group is required to pay damages that affect its future performance.」
Reiterates that unlawful conduct cannot be completely eliminated even with internal controls and training, as well as the possibility of intentional unlawful conduct and unauthorized use of non-public information. - FY2017RestatedAnnual report
「Although establishing internal controls and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they do not guarantee the elimination of all unlawful conduct.」
Reiterates that unlawful conduct cannot be completely eliminated even with internal controls and training, as well as the possibility of unauthorized use or leakage of non-public information. - FY2016First statedAnnual report
「Although establishing internal controls and providing compliance training are effective measures for preventing unlawful conduct by officers and employees, they do not guarantee the elimination of all unlawful conduct.」
Discloses that unlawful conduct cannot be completely eliminated even with internal controls and training, including the risk of inappropriate use or leakage of non-public information.