Violations of Laws and Regulations, Terms and Conditions, and Corporate Ethics
First written in FY2016. 18 of 25 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 4 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In response, we formulated a business improvement plan and submitted it to the Minister of Economy, Trade and Industry and others in August of the same year. We also implemented the measures set out in the plan, including a system requiring prior approval and subsequent reporting for contact with competitors and the provision of multilayered, focused training. We reported the status of these measures to the Minister of Economy, Trade and Industry in August 2025.」
The response to the Japan Fair Trade Commission's warnings and the administrative authorities' business improvement orders and other measures progressed to the submission of a business improvement plan, a system for managing contact with competitors, training and a report on implementation status in August 2025. - FY2026-H1RestatedAnnual report
「There have been no material changes in the risks related to the Group's business during the interim consolidated accounting period.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2025-H1MaterialisedAnnual report
「On 4 March 2024, the Japan Fair Trade Commission issued a warning and other measures under the Antimonopoly Act concerning sales activities involving electricity and gas. On 26 July 2024, we received a business improvement order from the Minister of Economy, Trade and Industry under the Gas Business Act, as well as business improvement guidance and other measures from the Electricity and Gas Market Surveillance Commission. On 23 August 2024, we submitted a business improvement plan addressing the business improvement order and other measures. We will ensure compliance with laws and regulations and thoroughly implement measures to prevent recurrence so that similar incidents never occur again.」
The response progressed from the previously disclosed on-site inspections and draft warning letter to the receipt of warnings and other measures under the Antimonopoly Act, business improvement orders and guidance, and the submission of a business improvement plan. The compliance matter has materialized as specific administrative action and remedial measures. - FY2024-Q3WorsenedAnnual report
「The Japan Fair Trade Commission conducted on-site inspections on 13 April and 5 October 2021 concerning the terms and conditions of electricity and gas transactions, and on 20 December 2023 we received a draft warning letter from the Commission under the Antimonopoly Act. We take receipt of the draft warning letter seriously and will carefully consider our future response, including the development of measures to prevent recurrence.」
In addition to the previously disclosed on-site inspections by the Japan Fair Trade Commission, the disclosure now states that a draft warning letter under the Antimonopoly Act was received on 20 December 2023 and that measures to prevent recurrence are being considered. - FY2024-Q2RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2024-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2023-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2022-Q3RestatedAnnual report
「If conduct violating laws, regulations, contracts, corporate ethics or social norms occurs, tangible and intangible damage, including social liability, may arise. The Group has established a Compliance Committee to monitor the progress of compliance activities and identify issues, while promoting training, awareness-raising, inspections and investigations to ensure thorough compliance. It has also established internal and external consultation channels for compliance matters. The Japan Fair Trade Commission conducted on-site inspections on 13 April and 5 October 2021 concerning the terms and conditions of electricity and gas transactions. We take the inspections seriously and will cooperate fully with the authorities' investigation.」
The same content as in the previous quarter has been reproduced concerning the risk of compliance violations, the response by the Compliance Committee and other bodies, and the Japan Fair Trade Commission's on-site inspections on 13 April and 5 October 2021. - FY2022-Q2MaterialisedAnnual report
「The Japan Fair Trade Commission conducted on-site inspections on 13 April and 5 October 2021 concerning the terms and conditions of electricity and gas transactions. We take the inspections seriously and will cooperate fully with the authorities' investigation.」
The description of the Japan Fair Trade Commission's on-site inspections concerning the terms and conditions of electricity and gas transactions was expanded to include the inspection on 5 October, in addition to that on 13 April 2021. - FY2022-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2021MaterialisedAnnual report
「On 13 April 2021, the Japan Fair Trade Commission conducted an on-site inspection concerning the terms and conditions of electricity and gas transactions. We take the inspection seriously and will cooperate fully with the authorities' investigation.」
The description of the compliance violation risk states that the Japan Fair Trade Commission conducted an on-site inspection on 13 April 2021, before the filing company's submission date. - FY2021-Q2RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2020MitigatedAnnual report
「The Group has established a Compliance Committee to monitor the progress of compliance activities and identify issues, while promoting training, awareness-raising, inspections and investigations to ensure thorough compliance. It has also established internal and external consultation channels for compliance matters.」
The response is described as including the Compliance Committee, training, inspections and investigations, and internal and external consultation channels. - FY2020-Q3RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the third quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2020-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2019-Q3RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the third quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2019-Q2RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2019-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2018-Q3RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the third quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2018-Q2RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2017RestatedAnnual report
「If conduct violating laws, regulations, contracts, corporate ethics or social norms occurs, tangible and intangible damage, including social liability, may arise.」
There is no substantive change in the description of the risk of compliance violations. - FY2017-Q3RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the third quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2017-Q2RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2017-Q1RestatedAnnual report
「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」
No material changes were identified in the risk related to violations of laws, regulations, contracts or corporate ethics. - FY2016First statedAnnual report
「If conduct violating laws, regulations, contracts, corporate ethics or social norms occurs, tangible and intangible damage, including social liability, may arise.」
The risk of compliance violations is described as including social liability and tangible and intangible damage.