Ethics, Legal Compliance, Transparency and Timely Disclosure
First written in FY2016. 7 of 14 entries say "Worsened", first in FY2025. Latest entry: 2026-09-25.
- FY2026-H1WorsenedAnnual report
「Problems with the internal control system became apparent, including the lack of ethics and integrity in the attitudes and conduct of top management, dysfunctional governance, diminished awareness of compliance and insufficient understanding of corporate accounting.」
Describes more specific structural problems, including the lack of ethics and integrity among top management and dysfunctional governance, in contrast with the previously stated policies on ethics, transparency and compliance. - FY2025WorsenedAnnual report
「Management placed the highest priority on high ethical standards, keeping its word and acting promptly, and worked to strengthen compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness. However, it must be acknowledged that the system had deficiencies, as described below.」
Explicitly acknowledges that, despite the previous policy emphasizing ethics, compliance and transparency, the corporate governance system had deficiencies. - FY2024RestatedAnnual report
「We place the highest priority on high ethical standards, honoring our commitments and speed in management, and are working to strengthen legal compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness.」
Reiterates the basic approach of emphasizing ethics, compliance, transparency, fairness and timely disclosure. - FY2019RestatedAnnual report
「We place the highest priority on high ethical standards, honoring our commitments and speed in management, and are working to strengthen legal compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness.」
Reiterates the approach of emphasizing ethics, compliance, transparency, fairness and timely disclosure. - FY2018RestatedAnnual report
「We place the highest priority on high ethical standards, honoring our commitments and speed in management, and are working to strengthen legal compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness.」
Reiterates the basic approach of emphasizing ethics, compliance, transparency, fairness and timely disclosure. - FY2017RestatedAnnual report
「We place the highest priority on high ethical standards, honoring our commitments and speed in management, and are working to strengthen legal compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness.」
Reiterates the basic approach of emphasizing ethics, compliance, transparency, fairness and timely disclosure. - FY2016First statedAnnual report
「We place the highest priority on high ethical standards, honoring our commitments and speed in management, and are working to strengthen legal compliance and provide timely and appropriate disclosure in order to enhance management transparency and fairness.」
Basic corporate governance policy.