Decline in Trust Due to Violations of Laws and Corporate Ethics
First written in FY2016. 2 of 5 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
Tokyu moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 6 of 34 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Compliance and Risk Management Committee continues to lead efforts to strengthen our compliance and risk management framework, including messages from senior management on compliance, awareness-raising and training on compliance generally and responses to legal amendments, compliance self-checks by subsidiaries and second-tier subsidiaries, and investigations into entertainment and gifts involving business partners and others under the anti-corruption policy.」
Measures are being expanded under the leadership of the Compliance and Risk Management Committee, including training, self-checks by subsidiaries and second-tier subsidiaries, and investigations related to anti-corruption. - FY2025MitigatedAnnual report
「The Compliance and Risk Management Committee continues to lead efforts to strengthen our compliance and risk management framework, including awareness-raising and training on compliance generally and responses to legal amendments, compliance self-checks by subsidiaries and second-tier subsidiaries, and improvements in the handling of internal reports.」
While risks related to the Antimonopoly Act violation remain, specific measures have been implemented through training, self-checks by subsidiaries and second-tier subsidiaries, internal reporting, and the dedicated committee. - FY2024WorsenedAnnual report
「In connection with conduct violating the Antimonopoly Act, our group may face claims for damages in the future and will respond appropriately to those claims. Depending on the outcome, our group's performance may be affected.」
With regard to the Antimonopoly Act violation that came to light in the previous fiscal year, the disclosure newly specifies the possibility of future claims for damages and an impact on performance. - FY2023MaterialisedAnnual report
「On 28 February 2023, in connection with the bid-rigging case involving contracts for planning test events and other services related to the Tokyo 2020 Olympic and Paralympic Games commissioned by the Tokyo Organising Committee of the Olympic and Paralympic Games, the Fair Trade Commission filed criminal accusations against our subsidiary 株式会社東急エージェンシー and one former executive of that company, and the Tokyo District Public Prosecutors Office indicted them.」
The disclosure identifies a specific occurrence involving the filing of criminal accusations against and indictment of 東急エージェンシー and a former executive in relation to the risk of violations of laws and regulations or corporate ethics. - FY2016First statedAnnual report
「If conduct contrary to these requirements occurs and public trust is damaged, the departure of customers and business partners could adversely affect the performance and financial condition of our group.」
While compliance with relevant laws and regulations and corporate ethics is a prerequisite, the disclosure indicates the potential departure of customers and business partners when violations occur.