Customer over-loan issues caused by falsification of documents and other misconduct
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In sales activities, if customers obtain excessive loans or other loans as a result of falsified documents or other factors, or if service standards, quality or other aspects deteriorate, this could affect our performance.」
The company continues to identify as risks customers' excessive borrowing through falsified documents or other actions by sales companies, as well as the impact on its creditworthiness and performance. - FY2023RestatedAnnual report
「In sales activities, if customers obtain excessive loans or other loans as a result of falsified documents or other factors, or if service standards, quality or other aspects deteriorate, this could affect our performance.」
The company continues to identify as risks customers' excessive borrowing through falsified documents or other actions by sales companies, as well as the impact on its creditworthiness and performance. - FY2022RestatedAnnual report
「In sales activities, if customers obtain excessive loans or other loans as a result of falsified documents or other factors, or if service standards, quality or other aspects deteriorate, this could affect our performance.」
The company continues to identify as risks customers' excessive borrowing through falsified documents or other actions by sales companies, as well as the impact on its creditworthiness and performance. - FY2021First statedAnnual report
「If excessive housing loans were granted as a result of falsified documents or other factors, this could damage our creditworthiness and affect our performance, including by affecting our transactions with financial institutions.」
The company newly identifies as a risk the potential impact on its creditworthiness, transactions with financial institutions and performance if excessive housing loans arise from falsified documents or other factors in connection with loan administration by sales companies. It also states that the risk is considered minor because the sales and administrative functions are separated and multiple internal departments provide mutual checks.