Decline in Creditworthiness Due to Negative Reporting and Rumors
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 1 of 10 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「If negative media coverage, rumours or reputational reports concerning the Group or the financial industry are circulated, they could adversely affect the Group’s operating performance and financial condition, as well as the Company’s share price, regardless of whether they are factual.」
The risk of negative media coverage, rumours and reputational reports affecting creditworthiness and operating performance is disclosed again. - FY2018RestatedAnnual report
「If negative media coverage, rumours or reputational reports concerning the Group or the financial industry are circulated, they could adversely affect the Group’s operating performance and financial condition, as well as the Company’s share price, regardless of whether they are factual.」
The risk of negative media coverage, rumours and reputational reports affecting creditworthiness and operating performance is disclosed again. - FY2017First statedAnnual report
「If negative media coverage, rumours or reputational reports concerning the Group or the financial industry are circulated, they could adversely affect the Group’s operating performance and financial condition, as well as the Company’s share price, regardless of whether they are factual.」
The effects of media coverage, rumours and reputational reports on operating performance, financial condition and share price are described as a separate reputational risk.