Limitations of Internal Controls and the Risk of Legal Violations
First written in FY2017. 1 of 3 entries say "Mitigated", first in FY2018. Latest entry: 2026-06-03.
The whole theme swung hardest in 2025: 6 of 34 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- 2026-06-03AdvancedGeneral Meetings of Shareholders
「We also revised our whistleblower protection system to facilitate the early detection and correction of misconduct and other issues, thereby strengthening compliance management.」
The Company described the revision and operation of its whistleblower protection system in addition to its existing whistleblower protection rules, compliance framework and compliance hotline. - FY2018MitigatedAnnual report
「Regarding compliance violations and other matters, we have established whistleblower protection rules as a mechanism for providing information directly, separately from the reporting system through the ordinary chain of command, and have established a Compliance Hotline to strengthen compliance-based management.」
In addition to the existing ethics code and internal control system, the company has established whistleblower protection rules and a Compliance Hotline, thereby specifying its response framework for legal violations and other issues. - FY2017First statedAnnual report
「Our group has established an ethics code setting out the ethics charter, code of conduct and compliance guidelines that employees and others must follow, disseminates and enforces these requirements, and is developing an internal control system. However, internal control systems have limitations, there is no guarantee that all internal management risks can be resolved, and the possibility of legal violations and other issues cannot be ruled out.」
While the company has established an ethics code, compliance guidelines and an internal control system, it states that these have limitations and cannot completely eliminate legal violations and other issues.