Strengthening Group Internal Controls, Risk Management and Corporate Ethics
First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026MaterialisedAnnual report
「In July 2025, the Company and Hokkaido Electric Power Network, Inc. received a business improvement recommendation from the Electricity and Gas Market Surveillance Commission of the Ministry of Economy, Trade and Industry concerning a case in which an employee of the Company possessed and viewed materials containing non-public information and used the information in power generation operations.」
The disclosure specifies that a business improvement recommendation was received in July 2025 concerning the possession, viewing and use of materials containing non-public information. The Company is pursuing measures to prevent recurrence through its business improvement plan and other initiatives. - FY2026-H1WorsenedAnnual report
「In April 2025, the Company and Hokkaido Electric Power Network, Inc. received a request for a report from the Electricity and Gas Market Surveillance Commission pursuant to the Electricity Business Act, after it was discovered that an employee of the Company possessed materials containing information that could constitute non-public information prepared by Hokkaido Electric Power Network, Inc.」
It was discovered that an employee possessed materials containing non-public information, resulting in a request for a report and a business improvement recommendation. On 22 August 2025, the Company submitted a business improvement plan covering measures including changing employee awareness, strengthening information management, and enhancing the safety management measures of contractors. - FY2024AdvancedAnnual report
「With the President of the Company serving as chair, the Company has jointly established a Corporate Ethics Committee with Hokkaido Electric Power Network, Inc., with outside experts also attending. The committee meets quarterly. Under the committee, the Company promotes company-wide initiatives to ensure compliance with laws and corporate ethics in business activities and prevent misconduct, including thorough implementation of the Hokuden Group CSR Code of Conduct and the Compliance Action Guidelines through employee education and training.」
The disclosure specifies that the Corporate Ethics Committee was jointly established with Hokkaido Electric Power Network, that outside experts attend, and that it meets quarterly. A Committee for Compliance with the Rules of Conduct has also been established for the general electricity transmission and distribution business. - FY2019RestatedAnnual report
「With the Corporate Ethics Committee, chaired by the president, overseeing compliance, the company promotes group-wide activities to ensure compliance with laws and corporate ethics and prevent misconduct in its business activities, by thoroughly implementing the Hokuden Group CSR Charter and Compliance Guidelines through employee education and training.」
Internal controls and compliance activities continue through the Corporate Ethics Committee, education and training, and Group policies. - FY2018RestatedAnnual report
「With the Corporate Ethics Committee, chaired by the president, overseeing compliance, the company promotes group-wide activities to ensure compliance with laws and corporate ethics and prevent misconduct in its business activities, by thoroughly implementing the Hokuden Group CSR Charter and Compliance Guidelines through employee education and training.」
Internal controls and compliance activities continue through the Corporate Ethics Committee, education and training, and Group policies. - FY2017RestatedAnnual report
「With the Corporate Ethics Committee, chaired by the president, overseeing compliance, the company promotes group-wide activities to ensure compliance with laws and corporate ethics and prevent misconduct in its business activities, by thoroughly implementing the Hokuden Group CSR Charter and Compliance Guidelines through employee education and training.」
The company continues to strengthen internal controls and compliance through the Corporate Ethics Committee, education and training, and sharing group-wide policies. - FY2016First statedAnnual report
「With the Corporate Ethics Committee, chaired by the president, overseeing compliance, the company promotes group-wide activities to ensure compliance with laws and corporate ethics and prevent misconduct in its business activities, by thoroughly implementing the Hokuden Group CSR Charter and Compliance Guidelines through employee education and training.」
The company describes a management structure based on sharing policies with group companies, systematically identifying risks, providing education and training, and operating through the Corporate Ethics Committee.