Operational Risk Associated with High-Volume, Complex Administrative Processing
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
3 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Administrative processing in the employee housing management outsourcing business is complex and involves a very large number of cases, resulting in administrative processing risk in operations. The comprehensive facility management business also faces operational risks, including administrative and misconduct risks in management operations.」
In addition to high-volume administrative processing, the Company continues to recognize administrative and misconduct risks in the comprehensive facility management business and addresses them through system controls and process-by-process operational controls. - FY2017RestatedAnnual report
「Administrative processing in the employee housing management outsourcing business is complex and involves a very large number of cases, resulting in administrative processing risk in operations. The comprehensive facility management business also faces operational risks, including administrative and misconduct risks in management operations.」
In addition to risks associated with high-volume administrative processing, the Company explicitly identified administrative and misconduct risks in the comprehensive facility management business and stated that it addresses them through system controls and process-by-process operational controls. - FY2016First statedAnnual report
「Administrative processing in the employee housing management outsourcing business is complex and involves a very large number of cases, resulting in administrative processing risk from operations.」
The Company recognizes that accidents and misconduct could affect its business performance and financial position, and uses both system controls and process-by-process operational controls.