Serious Violations of Laws, Regulations and the Articles of Incorporation
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 8 of 54 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a material violation of laws and regulations or the Articles of Incorporation occurs, it may have a serious impact on the Group's management, including a decline in social confidence in the Group and claims for substantial damages.」
Disclosure of the risks of declining confidence and damages claims resulting from material violations of laws and regulations or the Articles of Incorporation continued. - FY2020RestatedAnnual report
「Against a backdrop of growing interest in corporate social responsibility and the enactment and amendment of new laws and regulations with a major impact on corporate activities, risks related to compliance, covering not only laws and regulations but also corporate ethics, are increasing.」
The company continued to disclose increasing compliance risks, including changes in laws, corporate ethics and the legal system, as well as responses through the compliance committee and training. - FY2018WorsenedAnnual report
「Against a backdrop of growing interest in corporate social responsibility and the enactment and amendment of new laws and regulations with a major impact on corporate activities, risks related to compliance, covering not only laws and regulations but also corporate ethics, are increasing.」
The company explicitly stated that compliance-related risks were increasing, and expanded the scope of disclosure beyond the previous risks of violations of laws and regulations or the Articles of Incorporation to include corporate ethics and changes in the legal system. - FY2017First statedAnnual report
「If a material violation of laws and regulations or the Articles of Incorporation occurs, it may have a serious impact on the Group's management, including a decline in social confidence in the Group and claims for substantial damages.」
Declining confidence and damages claims arising from violations of laws and regulations or the Articles of Incorporation were identified as compliance risks.