Strengthening accounting, compliance training and controls following the Special Investigation Committee
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2022: 1 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The company takes the Financial Services Agency's order seriously and will work across the entire group, including the company itself, to prevent recurrence and restore trust.」
The company continues to make a comprehensive statement that it will work to prevent recurrence and restore trust in response to the Financial Services Agency's order. - FY2020-Q2RestatedAnnual report
「The company takes the Financial Services Agency's order seriously and will work across the entire group, including the company itself, to prevent recurrence and restore trust.」
The company continues to make a comprehensive statement that it will work to prevent recurrence and restore trust in response to the Financial Services Agency's order. - FY2020-Q1SoftenedAnnual report
「The company takes the Financial Services Agency's order seriously and will work across the entire group, including the company itself, to prevent recurrence and restore trust.」
The company has changed from listing specific measures such as education and training, Board of Directors oversight and Audit and Supervisory Committee audits, as in the previous disclosure, to making a comprehensive statement that it will work to prevent recurrence and restore trust. - FY2019First statedAnnual report
「Based on the remediation measures formulated in response to the facts identified and the analysis of causes and background by the Special Investigation Committee, the company will develop and implement education and training programs covering accounting standards and accounting procedures, including those related to this matter, as well as laws and compliance awareness. It will also strengthen effective oversight by the Board of Directors over management and directors, and enhance audits of directors' execution of duties by outside directors who serve as Audit and Supervisory Committee members and by the Audit and Supervisory Committee, thereby further strengthening corporate governance and internal controls.」
For the first time, the company explicitly stated that it would implement education and training, Board of Directors oversight, Audit and Supervisory Committee audits and other measures as steps to prevent recurrence, based on the Special Investigation Committee's findings and analysis.