Legal Risks, Including Litigation
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2025.
- FY2025ReframedAnnual report
「These legal risks are managed centrally by the Company's Risk Management Committee. The committee reports to the Board of Directors and the Audit & Supervisory Committee as necessary and consults with the Company's retained attorneys as appropriate.」
The report reflects the governance structure in which the reporting destination for legal risk management changed from the Audit & Supervisory Board to the Audit & Supervisory Committee. It states that no material litigation has been filed. - FY2021RestatedAnnual report
「These legal risks are managed centrally by the Company's Risk Management Committee. The committee reports to the Board of Directors and the Audit & Supervisory Board as necessary and consults with the Company's retained attorneys as appropriate.」
The report continues to describe centralized management of legal risks, including litigation, by the Risk Management Committee, reporting to the Board of Directors and the Audit & Supervisory Board, and consultation with retained attorneys. - FY2020Details of the legal risk management structureAnnual report
「These legal risks are managed centrally by the Group's Corporate Administration Division. The division reports to the Board of Directors and the Audit & Supervisory Board as necessary and consults with the Group's retained attorneys as appropriate.」
While continuing to describe the risk of future litigation and other proceedings, the report details the management structure, including centralized management by the Corporate Administration Division, reporting to the Board of Directors and the Audit & Supervisory Board, and consultation with retained attorneys. - FY2018RestatedAnnual report
「In connection with its product sales business, construction business and solar power generation business, the Group may become subject to litigation and other legal proceedings.」
The report includes the solar power generation business among the businesses subject to legal risk and continues to describe the legal risk management structure and the risk of material future litigation. - FY2017RestatedAnnual report
「As of the end of the consolidated fiscal year, no litigation having a material impact on the Group's business had been filed. However, if material litigation or other legal proceedings are filed in the future, they could affect the Group's operating results and financial condition.」
The report states that no material litigation has been filed while continuing to describe the legal risk of future litigation and other proceedings. - FY2016First statedAnnual report
「In connection with its product sales business and construction business, the Group may become subject to litigation and other legal proceedings.」
No material litigation had been filed as of the filing date, but the possibility of future litigation is identified as a risk.