Improper Handling of the Selection of a Subsidiary’s Business Partners and Administrative Guidance
First written in FY2025. 1 of 2 entries say "Materialised", first in FY2025. Latest entry: FY2026.
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- FY2026RestatedAnnual report
「In light of the matter in which it was discovered that improper actions had been taken in connection with the selection of business partners for our subsidiaries, in violation of the Japan Airport Terminal Group Basic Compliance Policy (the “Improper Matter”), we continue to recognize strengthening corporate governance as an important management issue.」
In light of the Improper Matter concerning the selection of subsidiary business partners, we reaffirmed that strengthening governance and continuing recurrence-prevention measures were important management issues. - FY2025MaterialisedAnnual report
「On 12 May 2025, the Ministry of Land, Infrastructure, Transport and Tourism issued us a stern warning, constituting administrative guidance, regarding a matter in which it was discovered that improper actions had been taken in connection with the selection of business partners for our subsidiaries, in violation of our Basic Compliance Policy.」
We separately described for the first time, as an actual group governance issue, the discovery of improper handling in connection with the selection of business partners for a subsidiary and the fact that we received a stern warning from the Ministry of Land, Infrastructure, Transport and Tourism.