“Konoike Transport Establishes ‘Quality of Management Council’ to Prevent Misconduct”

On the 19th, Koike Transport announced the establishment of an “Management Quality Council” within the company effective April 1st. This decision follows the revelation in February of fictitious billing and embezzlement by employees. In response, an internal control investigation committee was created to consider measures to prevent such incidents from occurring again. The interim report of the committee highlighted the need for enhanced internal controls and governance practices within the organization.

This proactive step by Koike Transport demonstrates their commitment to addressing issues, strengthening internal mechanisms, and upholding ethical standards within the company. Stay informed about the developments and outcomes of the Management Quality Council’s initiatives as they work towards improving corporate governance and preventing misconduct.