Financial Crime Risk, Including Counterfeit Cash Cards and Bank Transfer Fraud
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In October 2025, the Company strengthened its organizational structure by establishing the Financial Crime Countermeasures Office as a dedicated department, developed internal rules and other procedures, continued customer management based on a risk-based approach, and thoroughly verified customers’ identities and transaction purposes when opening accounts and conducting other procedures.」
The response to financial crime risk has been made more specific, moving from preventing losses and strengthening security to establishing a dedicated department, risk-based customer management, and verification of customer identities and transaction purposes. - FY2019RestatedAnnual report
「As counterfeit or stolen cash cards and financial crimes such as bank transfer fraud become increasingly common, the Group works to prevent losses and strengthen security. However, if the increasing sophistication and scale of financial crimes result in substantial compensation payments to affected customers or high costs for preventive measures, this could adversely affect the Group’s operating performance and financial condition.」
The risks associated with the increasing sophistication and scale of financial crimes, customer compensation and the cost of preventive measures are disclosed again. - FY2018RestatedAnnual report
「As counterfeit or stolen cash cards and financial crimes such as bank transfer fraud become increasingly common, the Group works to prevent losses and strengthen security. However, if the increasing sophistication and scale of financial crimes result in substantial compensation payments to affected customers or high costs for preventive measures, this could adversely affect the Group’s operating performance and financial condition.」
The risks associated with the increasing sophistication and scale of financial crimes, customer compensation and the cost of preventive measures are disclosed again. - FY2017First statedAnnual report
「As counterfeit or stolen cash cards and financial crimes such as bank transfer fraud become increasingly common, the Group works to prevent losses and strengthen security. However, if the increasing sophistication and scale of financial crimes result in substantial compensation payments to affected customers or high costs for preventive measures, this could adversely affect the Group’s operating performance and financial condition.」
The increasing sophistication and scale of financial crimes, customer compensation and the cost of preventive measures are described as separate risks.