Reputational damage arising from past deterioration in management and share-price declines
First written in FY2016. 2 of 4 entries say "Reframed", first in FY2019. Latest entry: FY2020.
Striders moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2023: 4 of 27 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2020ReframedAnnual report
「If malicious rumors or defamatory and abusive comments about the group's business are disseminated through information channels, including social media and the internet, this could disrupt the group's sound business activities as a whole and affect its performance and financial position.」
The description has expanded from the previous focus on criticism of business investments to reputational damage from malicious rumors and defamatory or abusive comments generally disseminated through information channels, including social media. - FY2019ReframedAnnual report
「Because the group engages in business investments, criticism and defamatory or abusive comments regarding its investments may occasionally be posted online and elsewhere. This could disrupt the group's sound business activities as a whole and adversely affect its performance and financial position.」
The description has changed from one centered on past deterioration in management and share price declines to reputational risk from criticism and defamatory or abusive comments directed at business investments themselves. - FY2017RestatedAnnual report
「As a result, the group still occasionally faces online and other defamatory and abusive comments stemming from the collapse of its social standing at that time. This could disrupt the group's sound business activities as a whole and adversely affect its performance and financial position.」
The disclosure reiterates the defamatory and abusive comments stemming from past deterioration in management and share price declines, and the possibility of an impact on business activities and performance. - FY2016First statedAnnual report
「Our group previously experienced deteriorating management and a decline in its share price as a result of careless investments, lending and capital policies by former management. As a result, defamatory and abusive comments arising from the loss of social standing at that time may still appear on the internet and elsewhere.」
Past deterioration in management and the share price are disclosed as facts, with continuing defamatory or abusive commentary identified as a reputational risk.