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The Kansai Electric Power Company (9503) · RiskRestated

Issue of Officers and Others Receiving Money or Other Benefits from External Parties and Damage to Trust

First written in FY2020-Q2. 4 of 5 entries say "Restated". Latest entry: FY2022-Q3.

5entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q3 – FY2022-Q32019: 120192020: 220202021: 120212022: 12022
Same theme, other companies
Damage to trust caused by the issue of officers and others receiving money or other items of valueA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022-Q3RestatedAnnual report

    「In light of this issue concerning the receipt of cash and other items, in March 2021 the company newly formulated the "Kansai Electric Power Group Management Philosophy: Purpose & Values" and has been working to foster a sound organisational culture through understanding, dissemination and implementation.」

    The Company continues to describe the issue involving the receipt of money and other items and its efforts to improve the organizational culture in response.
  2. FY2021-Q3RestatedAnnual report

    「Our Group lost the trust of our customers and society, which is essential to our business activities, as a result of issues including our officers and others receiving money and other items of value from external parties.」

    The Company itself continues to describe the issue involving officers and others receiving money and other items, and the resulting loss of trust.
  3. FY2021-Q1RestatedAnnual report

    「Our Group lost the trust of our customers and society, which is essential to our business activities, as a result of issues including our officers and others receiving money and other items of value from external parties.」

    The Company itself continues to describe the issue involving officers and others receiving money and other items, and the resulting loss of trust.
  4. FY2020-Q3RestatedAnnual report

    「We deeply apologise for the significant inconvenience caused to our customers, shareholders, investors and many others, and for the substantial loss of trust resulting from the issue involving our officers and others receiving money and other items of value from external parties.」

    The issue involving officers and others receiving money and other items from external parties, and the resulting loss of trust, continues to be described in the report for the third quarter of the current fiscal year.
  5. FY2020-Q2MaterialisedAnnual report

    「We deeply apologise for the significant inconvenience caused to our customers, shareholders, investors and many others, and for the substantial loss of trust resulting from the issue involving our officers and others receiving money and other items of value from external parties.」

    The Company expressly identified the issue involving officers and others receiving money and other items from external parties, and stated that it had significantly damaged the trust of customers, shareholders, investors and others.
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When this could move next
The Kansai Electric Power Company's next results are scheduled for 2026-10-29. Read the earnings preview
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