Sustainable Enhancement of Corporate Value While Ensuring Transparency and Soundness
First written in FY2017. 8 of 19 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-09-17.
- 2026-09-17WorsenedOccurring Fact
「２０２４年４月１日から適用している特定小売供給約款の変更届出における原価算定に誤りがあったことを確認しました。」
規制分野の電気料金原価について算定誤りが判明し、顧客への返還方法の検討および再発防止への取組みが示されたため、透明性・健全性に関する既存方針に対する新たな事象として記録する。 - FY2026AdvancedAnnual report
「In FY2025, under the business improvement plan formulated in response to violations, including violations of the Electricity Business Act arising from the improper handling of information on new electricity customers and violations of the Antimonopoly Act concerning transactions in extra-high-voltage and high-voltage electricity, the Board of Directors has been conducting thorough deliberations at each Board meeting as part of its special oversight, covering progress on various measures to prevent recurrence, organisational culture reform and efforts to fundamentally strengthen internal controls.」
In response to past inappropriate incidents, the company continues to monitor progress on measures to prevent recurrence through special oversight by the Board of Directors, the Compliance Committee, the Organisational Culture Reform Council and the Internal Control Subcommittee, among others. - FY2025-H1WorsenedAnnual report
「At ㈱KANSOテクノス, a Group company, inappropriate accounting was found in the settlement report for the Ministry of the Environment-commissioned project titled “FY2023 Comprehensive Study and Commissioned Work to Ensure Appropriate Implementation of Subsea CCS for Marine Environmental Conservation,” including reallocating expenses in a manner inconsistent with the facts and overbilling for commissioned work. At 関西電力送配電㈱, another Group company, it was also found that pole-mounted transformers had been handled improperly in the past.」
The company states that, despite its policy on transparency and soundness in governance, Group companies were found to have engaged in inappropriate expense accounting, overbilling and improper handling of pole-mounted transformers. - FY2024AdvancedAnnual report
「We will pursue fundamental strengthening of internal controls and reform of the organisational culture as two parallel initiatives.」
In light of past inappropriate incidents, the company describes concrete governance-strengthening structures involving the Internal Control Subcommittee, Organisational Culture Reform Council, Compliance Committee and CCO, among others. - FY2024-Q3RestatedAnnual report
「In connection with transactions in extra-high-voltage and high-voltage electricity, we were subject to on-site inspections by the Japan Fair Trade Commission on 13 April and 13 July 2021 on suspicion of facts constituting violations of the Antimonopoly Act. On 30 March 2023, the Commission found that we had engaged in conduct violating Article 3 of the Antimonopoly Act, which prohibits unreasonable restraints of trade. We have not received either a cease-and-desist order or an administrative surcharge payment order. In April 2023, we received recommendations from the Compliance Committee concerning an investigation into the causes and measures to prevent recurrence, and decided on our own measures to prevent recurrence.」
The company describes the same situation as in its previous disclosure: the finding of a violation of the Antimonopoly Act and the decision on measures to prevent recurrence following recommendations from the Compliance Committee. - FY2024-Q1WorsenedAnnual report
「In connection with transactions in extra-high-voltage and high-voltage electricity, we were subject to on-site inspections by the Japan Fair Trade Commission on 13 April and 13 July 2021 on suspicion of facts constituting violations of the Antimonopoly Act. On 30 March 2023, the Commission found that we had engaged in conduct violating Article 3 of the Antimonopoly Act, which prohibits unreasonable restraints of trade.」
The company states that it was found to have engaged in conduct violating Article 3 of the Antimonopoly Act, despite its governance policy promoting transparency and soundness. - FY2022-Q3AdvancedAnnual report
「Subsequently, in June 2020, we transitioned to a company with a three-committee board structure. Under a new management control framework incorporating an objective external perspective, we have steadily concentrated the full strength of the Group on initiatives to prevent recurrence across all items set out in the business improvement plan, including governance reform. We also reported the status of implementation to the Minister of Economy, Trade and Industry on 29 June 2020, 13 October 2020, 2 March 2021 and 27 December 2021.」
Following the transition to a company with a three-committee board structure, the company describes its efforts across all items of the business improvement plan and reports on implementation status, including on 27 December 2021. - 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 of officers and others receiving money and other items of value and the resulting loss of trust among customers and society, as in the previous quarter. - FY2021-Q1WorsenedAnnual 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.」
In contrast to its policy of promoting transparency, soundness and growth in corporate value, the company states that the issue of officers and others receiving money and other items of value caused it to lose the trust of customers and society. - 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 company itself continues to describe the issue of officers and others receiving money and other items of value and the resulting loss of trust, as in the previous quarter. - FY2020-Q2WorsenedAnnual 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.」
In relation to its previously stated policies on transparency and soundness in business operations and enhancing corporate value, the company itself describes the issue of officers and others receiving money and other items of value and the resulting loss of trust. - FY2017First statedAnnual report
「We regard strengthening corporate governance as a key management priority and are working to achieve it in order to deliver sustained growth in corporate value while ensuring transparency and soundness in our business operations.」
Transparency and soundness, sustained growth in corporate value, and stronger governance are treated as key management priorities.