Risk of Misconduct Adversely Affecting Reputation and Business Performance
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2024. Latest entry: FY2024.
The whole theme swung hardest in 2023: 4 of 15 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Specifically, based on the Compliance Rules, Internal Reporting Rules and Compliance Manual, the Compliance Committee takes the lead in formulating plans, implementing and confirming them, responding to internal reports, investigating legal and regulatory violations, implementing corrective measures and recurrence-prevention measures and following up on them, and providing internal training.」
The company describes in specific terms its response framework for misconduct risks, including the Compliance Committee, internal reporting, investigation and remediation, recurrence prevention, follow-up and training. - FY2023First statedAnnual report
「If fraud occurs involving the falsification of financial statements, insider trading, breach of trust, embezzlement, theft, transactions with antisocial forces or other misconduct by officers, employees or other related parties of the Group, it may affect the Group's performance and other aspects of its business, including its reputation.」
The company lists falsification of financial statements, insider trading, breach of trust, embezzlement, theft and transactions with antisocial forces, and explicitly identifies for the first time the impact of misconduct on reputation and performance as a standalone material risk.