Eliminating Financial Misconduct and the “Management Quality Renewal Project”
First written in FY2021-Q3. 4 of 7 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will work to restore the trust of our stakeholders by steadily implementing the measures formulated to prevent recurrence and further strengthening our response to conduct risk.」
Following an incident involving the acquisition of information by an employee seconded to an agency, the Company explicitly stated that it would implement recurrence-prevention measures and strengthen conduct risk management. - FY2025RestatedAnnual report
「We have confirmed that The Dai-ichi Life Insurance Company, Limited continues to pursue management quality renewal aimed at eliminating monetary fraud.」
The Company continues management quality renewal and efforts to strengthen internal controls and compliance following incidents involving the fraudulent acquisition of money. - FY2024RestatedAnnual report
「We have confirmed that The Dai-ichi Life Insurance Company, Limited continues to pursue management quality renewal aimed at eliminating monetary fraud.」
As a response to incidents involving the fraudulent acquisition of money, the Company continues the Management Quality Renewal Project and efforts to strengthen internal controls and compliance. - FY2022AdvancedAnnual report
「It is extremely regrettable that a new fraud incident came to light in the fiscal year ended March 2022. We are pursuing more fundamental initiatives to ensure customer security, including establishing a new working group within the project to verify contracts with elderly customers.」
As its response to incidents involving the fraudulent acquisition of money continued, the Company established a new working group to verify contracts with elderly customers following a new incident. - FY2022-Q3RestatedAnnual report
「At Dai-ichi Life, we are taking steps including promptly establishing and enhancing systems to eliminate monetary fraud, such as beginning comprehensive checks covering all customers with individual life insurance and individual annuity insurance to determine whether they have suffered losses from fraudulent acquisition of money or similar conduct, and developing administrative procedures prohibiting the Company's employees from directly receiving money from or paying money to customers in connection with the handling of Dai-ichi Life products.」
As a response to incidents involving the fraudulent acquisition of money, the Company continues comprehensive reviews of customer losses, the prohibition of employees from directly receiving or paying money, and the development of a recurrence-prevention framework. - FY2022-Q2RestatedAnnual report
「At Dai-ichi Life, we are taking steps including promptly establishing and enhancing systems to eliminate monetary fraud, such as beginning comprehensive checks covering all customers with individual life insurance and individual annuity insurance to determine whether they have suffered losses from fraudulent acquisition of money or similar conduct, and developing administrative procedures prohibiting the Company's employees from directly receiving money from or paying money to customers in connection with the handling of Dai-ichi Life products.」
As a response to incidents involving the fraudulent acquisition of money, the Company continues comprehensive reviews of customer losses, the prohibition of employees from directly receiving or paying money, and the development of a recurrence-prevention framework. - FY2021-Q3First statedAnnual report
「The Group takes these incidents extremely seriously. At The Dai-ichi Life Insurance Company, Limited, while sincerely addressing customers who suffered losses, we will conduct a comprehensive review to determine whether similar monetary fraud has occurred, establish and enhance systems to eliminate monetary fraud, reform the awareness of all officers and employees, and fundamentally reform the corporate culture and organizational practices. We will thoroughly implement comprehensive and effective measures to prevent recurrence based on analysis of the root causes. In addition, to restore the trust of customers and other stakeholders and establish a new corporate culture, The Dai-ichi Life Insurance Company, Limited launched the Management Quality Renewal Project as a company-wide, cross-functional project led by the president and will implement and deliver the initiatives described below.」
Following incidents in which former employees fraudulently obtained money, the Company began comprehensive reviews of the damage, prohibited employees from directly receiving or paying money, undertook awareness reforms for all officers and employees, pursued corporate culture reform, and launched recurrence-prevention measures through a president-led Management Quality Renewal Project and multiple working groups.