2019 survey on risk management and frauds of japanese ... · 電気・ガスpower / gas 41.9% 10.1%...
TRANSCRIPT
Deloitte Touche Tohmatsu LLC
2019 Survey on Risk Management and Frauds of Japanese
Companies operating in Asian Countries
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Outline of the Surveys
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries2
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
■ Objectives
To understand how Japanese companies operating in the Asian region—including Indonesia, Singapore, Thailand, the Philippines,
Malaysia, Vietnam, Myanmar, China, Taiwan, and India—are addressing risk management; to gain a deep insight into these companies’
responses particularly to frauds; and to obtain basic data on the current satiation surrounding risk management and frauds.
To help Japanese companies operating in Asian countries enhance their management by raising awareness of risk management through
the survey and disclosure of its results.
■ Target
Local subsidiaries of the Japanese companies operating in Indonesia, Singapore, Thailand, the Philippines, Malaysia, Vietnam, Myanmar,
China, Taiwan, and India, including regional headquarters.
[Number of respondents (figures for 2017 and 2018 are the number of respondents in the surveys conducted in those years)]
■ Method
The survey was conducted over the Internet website (September 26 ~October 25, 2019)
■ Items
[Part 1] Risk Management Structures in Asia
[Part 2] Situation of Frauds in Asia
Objectives and method
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries3
Indonesia Singapore Thailand Philippines Malaysia Vietnam Myanmar China Taiwan India Total
2017 29 55 19 - 24 - - 119 - 47 293
2018 57 23 87 7 45 - - 177 - 17 413
2019 69 74 103 15 69 49 53 99 39 32 602
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* All figures on the charts of this material are rounded to one decimal place.
Respondents’ characteristics
49.5%
16.1%
7.0%
5.8%
4.5%
4.5%
3.8%
3.7%
2.8%1.5% 0.8%
Industry sector (the Group’s main line of business)
製造 Manufacturing
卸・商社 Wholesaler / Trading companies
金融 Financial service
サービス Service
陸・海・空運 Transportation
農林・水産・鉱業・建設 Agriculture / Fishing/ Mining/ Construction
その他 Others
情報・通信 IT / Telecommunication
小売・流通 Retail
不動産 Real estate
電気・ガス Power / Gas
41.9%
10.1%
20.3%
6.5%
7.6%
13.6%
Sales size
50億円未満 Less than 5B yen
50億円以上100億円未満 5B yen or more
and less than 10B yen
100億円以上500億円未満 10B yen or
more and less than 50B yen
500億円以上1,000億円未満 50B yen or
more and less than 100B yen
1,000億円以上5,000億円未満 100B yen or
more and less than 500B yen
5,000億円以上 500B yen or more
30.1%
26.4%
11.3%
32.2%
Company size
100名未満 Less than 100
100~500名未満 More than 100 and less
than 500
500~1,000名未満 More than 500 and
less than 1,000
1,000名以上 More than 1,000
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries4
Manufacturing
Wholesaler / Trading companies
Financial service
Transportation
Service
Agriculture / Fishing / Mining / Construction
Others
IT / Telecommunication
Real estate
Power / Gas
Retail
Less than 5B yen
5B yen or more and less than 10B yen
10B yen or more and less than 50B yen
50B yen or more and less than 100B yen
100B yen or more and less than 500B yen
500B yen or more
Less than 100
More than 100 and less than 500
More than 500 and less than 1,000
More than 1,000
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Summary of Results
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries5
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
30% 31%
35%
38%
34%
26%
19%
24% 25%
20%22%
23%
19%
23% 22%
17%
14%
16%
15%
19%
16%
15%
16%
15%16% 14%
12%
9%
8%
10%
0%
5%
10%
15%
20%
25%
30%
35%
40%
2017年 2018年 2019年
Market-related risks come in 1st place for the first time, showing clearly fierceness of the
business in Asia.
[Survey on risks: the companies’ attention focuses on the risks related to costs and human resources]
Against the background of intensifying market competition, the risk related to price competitiveness drew the most attention
for the first time.
The level of interest in the risk related to compliance violation dropped from previous years. On the other hand, however, the
attention to delay in response for law and industry standard change shows a moderate growth. This demonstrates that the
attention to law and regulation remains high.
In Asian markets, which are still under development, the outflow of existing staff and shortage of resources remains
recognized as a risk, with a high turnover of staff common and securing talent hard.
Top 3 risks that need to be addressed with priority
(by category of risk)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries6
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
13.2%
3.9%
5.3%
1.3%
17.1%
3.9%
18.4%
0.0%
23.7%
28.9%
48.7%
8.1%
6.7%
2.0%
8.7%
16.1%
13.4%
25.5%
0.0%
35.6%
34.9%
63.1%
3.1%
6.3%
7.1%
11.8%
15.7%
16.9%
20.9%
21.3%
32.7%
40.2%
63.4%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
2019年2018年2017年
Internal Audit
External Audit
Whistle blowing
(Internal)
Transfer or resignation
of the person
Whistle blowing
(External)
By chance
IT control
Confession
Tax inspection /
Regulatory
Control Activities
through business process
Other
Survey finds that frauds have increased and diversified, meaning it is necessary to set up a
multifaceted control system.
[Survey on fraud: The number of fraud cases increased, which was presumably
contributed to by growing awareness among management.]
The number of cases in which a fraud was materialized or was concerned has been
increasing since 2017, when this survey began. We presume that this is because fraud
cases have become more visualized as the internal audits is improved and the
management’s awareness of fraud risks grows (Chart 1).
The survey shows a continued tendency in which sales, purchasing, and manufacturing
departments see a larger number of fraud cases (Chart 2).
Regarding fraud types, the higher percentage of Inappropriate information usage /
Fraudulent Reporting surged as well as those of improper spending and bribe, showing
the importance of setting up a control system for information (Chart 3).
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries7
31.3%
68.7%
38.9%
61.1%
46.6%
53.4%
(Chart 1)
Whether any fraud is detected or not
in the past three years(From inside: 2017, 2018 and 2019)
(Chart 2) Department where any fraud is detected (Chart 3) Fraud types
0.8%
1.2%
2.8%
5.5%
7.9%
9.1%
10.6%
12.2%
14.2%
14.6%
20.9%
25.6%
36.2%
47.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
Executive/Upper Management
Human Resources
Marketing/Public Relations
Customer Service
Research and Development
Internal Audit
Legal
IT
Finance
Other
Accounting
Purchasing
Sales
Manufacturing and Production
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
[Part 1]
Risk Management Structures in Asia1. Risk types subject to management*
2. Top 3 risks prioritized by Japanese companies operating in Asia**
* The result of the questionnaire with multiple answers allowed on the risks subject to
monitoring at each company.
** The result of the questionnaire on the top 3 risks that respondents think should be
prioritized. (the survey did not involve questions whether respondents took action to manage
or prevent these risks).
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries8
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
The survey listed the following risk types and asked the respondent to choose
appropriate items.The survey defines the risk types (numbers ① to ⑩ of the results refer to the following classifications)
① Related to economics
1 Financial Crisis
2 Economic difficulties
3 Exchange rate fluctuation
4 Price competitiveness
5 High price in raw material or oil in the market
② Related to natural disaster
6 Earthquake, flood and disasters
7 Spread of plague (Pandemic)
③ Related to politics / geopolitics
8 Situation in Korean Peninsula
9Terrorism and Terrorism and political situation in China
and Russia
10Terrorism and political situation in South East Asia and
South Asia
11 Terrorism and political situation in Near and Middle East
12 Terrorism and political situation in Africa
13Terrorism and Terrorism and political situation in
Northern and Southern America
④ Related to law and regulation
14 Delay in response for law and industry standard change
15 Intellectual property infringement
16Response to environmental law and regulation such
pollution
17 Compliance violation
18 Litigation damage
⑤ Related to reputation
19 Damage from unfounded rumors or boycott
20 Stock price down by damage from unfounded rumors
⑥ Related to fraud
21 Financial crime
22 Conduct risk
23 Financial reporting misstatement
24 Organizational fraud such as cartel, collusion
25 Management’s/employee’s fraud/corruption
⑦ Related to product/service and operation
26 Disrupted supply chain
27 Product recall
28 Deficiency in products/services quality control process
29 Incident of facilities
30 Deficiency in Customer Services
31 Huge losses caused by operational mistakes
⑧ Related to IT system
32 Cyber-attack / Virus infection
33 Information leakage
34 Largescale system down / loss of information
⑨ Related to human resources
35Shortage of resources due to outflow of existing staff or
difficulty in hiring staff
36 Labor costs soaring
37Labor issues such as death from overwork, long working
hours
38 Labor-management problem
⑩ Related to governance
39 Failure of proper management
40 Failure of governance over subsidiaries
41 Failure of businesses integration after acquisition
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries9
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Risk types subject to management (by category)
Overall, companies throughout Asia tend to pick out similar risks as the ones subject to
management. Particularly, however, the risk related to IT system (⑧) draws the most attention.
(See page 8 for detail on number ①~⑩)
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩15.0%
11.0%
4.3%
12.5%3.3%
9.3%
8.0%
16.8%
12.7%
7.0%
Indonesia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
10.9%10.6%
6.3%
11.9%
6.2%
9.7%9.2%
14.9%
10.9%
9.3%
Singapore①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩12.3% 12.9%
4.8%
11.7%
5.0%
8.8%11.4%
15.3%
12.0%
5.9%
Thailand①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
13.5%11.3%
5.1%
12.5%3.6%
8.6%11.7%
16.0%
12.3%
5.4%
Malaysia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
11.1% 13.8%
4.0%
12.7%3.0%
7.1%9.6%
20.4%
11.9%
6.6%
Philippines①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
11.6% 11.0%
4.4%
14.1%
6.0%
8.7%10.4%
15.0%
11.9%
6.9%
China①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩13.4% 13.1%
4.4%
12.3%
5.4%
9.5%10.6%
13.1%
12.3%
6.1%
India①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
12.4% 11.2%
4.4%
12.8%
4.5%
8.5%11.1%
15.8%
14.5%4.8%
Vietnam①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩13.3% 13.1%
5.6%
12.0%
5.3%
9.1%9.5%
13.8%
12.5%
5.8%
Myanmar①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
12.7% 13.7%
4.4%
12.7%
4.7%
8.4%10.6%
14.9%
11.9%
6.2%
Taiwan①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
25.0%
15.0%
5.0%
① Related to economics
➁ Related to natural disaster
③ Related to politics / geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product/service and operation
⑧ Related to IT system
⑨ Related to human resources
➉ Related to governance
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries10
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Risks similar to those chosen in 2018 ranked in the top 10 again for both Japan headquarters and Asian subsidiaries.
A conspicuous gap emerged between Japan headquarters and Asian subsidiaries in the perception of risks: Japan headquarters chose disasters and cyber-attack, which
are the risks that can have direct impact on business continuity, while Asian subsidiaries picked out risks more related to day-to-day business, such as price
competitiveness, which was presumably chosen because of the impact of new emerging forces, and fraud and corruption, which is distinctive of the Asian region.
For Asian subsidiaries, Information leakage ranked in the top 10 for the first time. This was because Asian subsidiaries had started using IT system in a wider area than
before and, therefore, had begun to pay more attention to the importance of information.
There is a gap of 11.0 points between Asian subsidiaries and Japan headquarters for Delay in response for law and industry standard change. Although the gap
narrowed from a year earlier, this remaining gap illustrated that a huge gulf still existed in the perception of how important the response to legal change was.
Comparison between the top 3 risks that Japan headquarters perceives to be prioritized for their overseas
subsidiaries and the top 3 risks that subsidiaries in Asia perceive to be prioritized
”What risks should be taken actions with priority?”: Japan headquarters and their subsidiaries
in Asia have different answers, as they did last year, showing the gap in perception between
them.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries11
Headquarters in Japan *Ordinal numbers in brackets following
percentages show ranks in the survey in 2018.
Subsidiaries in Asia *Ordinal numbers in brackets following
percentages show ranks in the survey in 2018.
Compliance violation (④) 21.5%(No. 1) No. 1 Price competitiveness (①) 34.6%(No. 2)
Failure of governance over subsidiaries (⑩) 19.4%(No. 2) No. 2 Compliance violation (④) 25.8%(No. 1)
Deficiency in products/services quality control
process (⑦)18.7%(No. 3) No. 3
Shortage of resources due to outflow of existing
staff or difficulty in hiring staff (⑨)24.8%(No. 3)
Management’s/Employee’s fraud/corruption (⑥) 16.2%(No. 6) No. 4Delay in response for law and industry standard
change (④) 22.7%(No. 5)
Earthquake, flood and disasters (②) 15.8%(No. 4) No. 5 Exchange rate fluctuation (①) 21.5%(No. 4)
Shortage of resources due to outflow of existing staff
or difficulty in hiring staff (⑨)14.2%(No. 5) No. 6 Management’s/Employee’s fraud/corruption (⑥) 16.0%(No. 9)
Cyber-attack / Virus infection (⑧) 12.2%(No. 12) No. 7 High price in raw material or oil in the market (①) 16.0%(No. 6)
Exchange rate fluctuation (①) 12.1%(No. 7) No. 8 Labor costs soaring (⑨) 15.5%(No. 7)
Delay in response for law and industry standard
change (④) 11.7%(No. 10) No. 9
Deficiency in products/services quality control process
(⑦)11.7%(No. 8)
Information leakage (⑧) 11.7%(No. 8) No. 10 Information leakage (⑧) 9.8%(N/A)
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
30% 31%
35%
38%
34%
26%
19%
24% 25%
20% 22%
23%
19%
23%22%
17%
14%
16%
15%
19%
16%
15%
16%
15%16% 14%
12%
9%
8%10%
0%
5%
10%
15%
20%
25%
30%
35%
40%
2017年 2018年 2019年
Cash Theft
Top 3 risks to be prioritized (All Asia Top 10)
Price competitiveness ranks 1st for the first time, reflecting fiercer market competition in Asia
and no material violation of law and regulation by Japanese companies operating overseas in
2019.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries12
* Percentages for the same year do not add up to 100%
because multiple answers have been allowed.
Price competitiveness
Compliance violation
Shortage of resources due to outflow of existing
staff or difficulty in hiring staff
Delay in response for law and industry standard
change
Exchange rate fluctuation
Management’s/employee’s fraud/corruption
High price in raw material or oil in the market
Labor costs soaring
Deficiency in product/services quality control
process
Information leakage
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized (rankings by country)
Survey results suggest that new emerging forces—Myanmar and Vietnam—are fueling the
price competition, as Asia’s low economic growth and increasing labor costs affect medium
developed countries.
※リスクはAsia全体の順位に沿って並べている
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries13
Risk Singapore China Taiwan Thailand Malaysia India Myanmar Vietnam Philippines Indonesia
Price competitiveness (①) No. 1 No. 1 No. 1 No. 1 No. 1 No. 1 No. 2 No. 4 No. 4 No. 5
Compliance violation (④) No. 2 No. 2 No. 2 No. 7 No. 4 No. 7 No. 4 No. 2 No. 4 No. 2
Shortage of resources due to outflow of existing
staff or difficulty in hiring staff(⑨)No. 4 No. 4 No. 3 No. 2 No. 3 No. 4 No. 1 No. 1 No. 2 No. 6
Delay in response for law and industry standard
change (④)No. 5 No. 3
No. 11 or
lower No. 4 No. 6 No. 3 No. 2 No. 5 No. 1 No. 4
Exchange rate fluctuation (①) No. 9 No. 9 No. 3 No. 4 No. 2 No. 2 No. 5 No. 8No. 11 or
lower No. 1
Management’s/Employee’s fraud/corruption (⑥) No. 8 No. 5No. 11 or
lower No. 3 No. 9 No. 9 No. 6 No. 2 No. 8 No. 9
High price in raw material or oil in the market (①) No. 9 No. 8 No. 8 No. 9 No. 5 No. 4No. 11 or
lower No. 6 No. 3No. 11 or
lower
Labor costs soaring (⑨)No. 11 or
lower No. 5No. 11 or
lower No. 7 No. 7No. 11 or
lower
No. 11 or
lower No. 7No. 11 or
lower No. 2
Deficiency in products/services quality control
process (⑦)
No. 11 or
lower
No. 11 or
lower No. 6 No. 4 No. 9 No. 7 No. 6 No. 10No. 11 or
lower No. 10
Information leakage (⑧) No. 7No. 11 or
lower No. 5No. 11 or
lower
No. 11 or
lower
No. 11 or
lowerNo. 11 or
lower No. 8 No. 4No. 11 or
lower
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
[Part 2]
1.Situation of Frauds in Asia(1) Situation in fraud detection in the past 3 years
(2) Fraud types
(3) Departments where fraud was detected
(4) Means of fraud detection
(5) Maximum damage caused by fraud
(6) Position of perpetrators who caused the largest damage
2. Efforts to Take Measures for Frauds(1) Corporate culture to prevent frauds
(2) Current fraud risk prevention status
(3) Obstacles for taking measuring for/managing of fraud risk
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries14
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Situation in fraud detection in the past 3 years (All Asia)
The number of cases in which a fraud is detected or suspected continues to increase, and it
now amounts close to about half in 2019.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries15
31.3%
68.7%
38.9%
61.1%
46.6%
53.4%
All Asia
12.0%
88.0%
37.3%
62.7% 57.9%
42.1%
Indonesia
37.8%
62.2%
40.0%
60.0%
48.6%51.4%
Singapore
42.1%57.9%
38.3%
61.7%
47.3%
52.7%
Thailand
38.1%
61.9%
23.8%
76.2%
31.1%
68.9%
Malaysia
0.0%0.0%
100.0%
0.0%
38.5%
61.5%
Philippines
30.6%
69.4%
43.5%
56.5%
45.6%
54.4%
China
29.3%
70.7%
21.4%
78.6%
50.0%50.0%
India
0.0%0.0%
45.7%
54.3%
Vietnam
0 0
0 0
62.5%
37.5%
Myanmar
0 0
0 0 29.0%
71.0%
Taiwan
Fraud detected
Fraud not detected
* From inside: 2017, 2018, and 2019. In some
countries, no survey was conducted in
previous years.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
1.2%
17.3%
0.0%
6.2%
3.7%
7.4%
18.5%
6.2%
11.1%
33.3%
9.9%
29.6%
0.0%
2.0%
18.1%
2.0%
5.4%
2.0%
8.1%
9.4%
3.4%
10.7%
37.6%
17.5%
36.9%
2.0%
6.0%
6.0%
6.8%
7.6%
9.6%
12.0%
15.5%
15.9%
25.9%
33.5%
43.8%
56.2%
2019年
2018年
2017年
The percentage of inappropriate information usage jumps, as well as those of improper
spending and bribe. It is urgently necessary to establish a system to prevent these kinds of
frauds by, for example, improving internal control and enhancing the way of detecting frauds.
Improper spending type
Ratio(%)
2019 2018
44.6 50.6
36.6 38.7
給与に関する不正支払 18.8 10.7
Fraud types (All Asia / compared with 2018)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries16
* Percentages for the same year do not add up to 100% because multiple answers have been allowed.
Improper spending
Bribe
Theft of inventory or other assets
Fraud in sales
Illegal conflict of interest
Concealment of liabilities or expense
Manipulation of sales/expenses cut-off
Bid-rigging / Cartel
Cash Theft
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Fraud disbursement relating to purchasing
Fraud disbursement relating to expenses
Fraud disbursement relating to payroll
Inappropriate information usage /
Fraudulent Reporting
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Bribe
Theft of inventory or other assets
Inappropriate information usage / Fraudulent Reporting
Inappropriate revenue recognition
Cash Theft
Fraud in sales
Others
Fraud disbursement relating to checks
Fraud disbursement relating to expenses
Fraud disbursement relating to purchase
Illegal conflict of interest
Fraud disbursement relating to payroll
Manipulation of sales/expenses cut-off
Inappropriate evaluation of assets
Concealment of liabilities or expense
Bid-rigging / Cartel
48.8%
53.7%
31.7%
36.6%
26.8%
22.0%
2.4%
17.1%
14.6%
12.2% 14.6%
4.9%
9.8%
2.4%China
Pie charts visualizing percentages of various frauds by country
The most common frauds are improper spending and asset misappropriation, which directly
link to individuals’ interests, although there are some differences in their percentages among
countries/regions.
36.7%
36.7%
23.3%
20.0%
23.3%6.7%
36.7%
6.7%
13.3%
10.0%
6.7%
10.0%6.7%
10.0%
3.3% 3.3%Myanmar
33.3%
11.1%
11.1%
33.3%
11.1%
33.3%
11.1%
11.1%
11.1%
11.1%11.1%
Taiwan
47.4%10.5%
52.6%
42.1%36.8%
21.1%
21.1%
5.3%
26.3%
10.5%15.8%
15.8%
5.3% Malaysia
40.0%
20.0%
40.0%60.0%
20.0%
40.0%
Philippines
73.3%
26.7%
13.3%
6.7%
6.7%
6.7%
6.7%
6.7%
13.3%
6.7% India
43.8%
35.9%
33.5%
29.5%
25.9%
15.9%
15.5%
15.1%
12.0%
9.6%
7.6%
6.8% 6.0%
6.0% 3.2% 2.0%All Asia
39.4%
27.3%
27.3%
39.4%
18.2%3.0%
24.2%
18.2%
12.1%
6.1%
6.1% 6.1%
6.1%3.0%Indonesia
38.2%
44.1%
26.5%
35.3%
32.4%20.6%14.7%
14.7%
23.5%
20.6%
20.6%
20.6%
2.9%20.6%
5.9% 2.9%Singapore
34.1%
40.9%
50.0%
18.2%
25.0%
18.2%
13.6%
15.9%
4.5%
6.8%2.3%
2.3% 6.8%2.3%Thailand
* Percentages for the same year do not add up to 100% because multiple answers have been allowed.
61.9%
33.3%
42.9%38.1%
38.1%
38.1%
9.5% 19.0%
4.8%4.8%
4.8%Vietnam
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries17
* Percentages for the same year is over 100%
because multiple answers have been allowed.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.8%
1.2%
2.8%
5.5%
7.9%
9.1%
10.6%
12.2%
14.2%
14.6%
20.9%
25.6%
36.2%
47.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
Departments where any fraud is detected (All Asia)
Sales departments record the largest number of fraud cases among all departments,
conspicuously higher than last year, presumably because of fiercer market competition.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries18
* Percentages for the same year do not add up to 100%
because multiple answers have been allowed.
Executive/Upper management
Human Resources
Marketing/Public relations
Customer service
Research and Development
Internal Audit
Legal
IT
Finance
Other
Accounting
Purchasing
Sales
Manufacturing and Production
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
13.2%
3.9%
5.3%
1.3%
17.1%
3.9%
18.4%
0.0%
23.7%
28.9%
48.7%
8.1%
6.7%
2.0%
8.7%
16.1%
13.4%
25.5%
0.0%
35.6%
34.9%
63.1%
3.1%
6.3%
7.1%
11.8%
15.7%
16.9%
20.9%
21.3%
32.7%
40.2%
63.4%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
2019年
2018年
2017年
Control Activities through business process
Means of fraud detection (All Asia)
An increasing number of fraud cases have been detected through internal audit, showing
again the importance and necessity of audits.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries19
* Percentages for the same year do not add up to 100%
because multiple answers have been allowed.
Internal Audit
External Audit
Whistle blowing (Internal)
Transfer or resignation of the person
Whistle blowing (External)
By chance
IT Control
Confession
Tax inspection / Regulatory
Other
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Maximum damage caused by fraud (All Asia)
About 15% of the detected fraud cases cause damage of over 10 million yen each, signaling
that management needs to weigh the cost of prevention against the amount of damage.
28.8%
16.1%
24.3%
28.8%
30.9%
35.6%
30.1%
29.5%
23.0%
12.3%
14.8%
10.0%
5.4%5.0%
2.7% 0.8%
0.7% 1.3%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
2017年 2018年 2019年
1 万円以上 10 万円未満 10 万円以上 100 万円未満 100 万円以上 1,000 万円未満
1,000 万円以上 1億円未満 1 億円以上 10 億円未満 10 億円以上 100 億円未満
100 億円以上
JPY1 million or more but less than JPY10 million
JPY100 million or more but less than JPY1 billion
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries20
JPY10 thousand or more but less than JPY100 thousand JPY100 thousand or more but less than JPY1 million
JPY10 million or more but less than JPY100 million
JPY10 billion or more
JPY1 billion or more but less than JPY10 billion
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Position of perpetrators who caused the largest damage (All Asia)
Over 50% of frauds are committed by managers or those with higher authority, indicating the
necessity to implement an internal control and audit system that monitors managers and
executives.
6.8%
44.6%
44.6%
2.4% 1.6%
経営者・役員
正社員-管理職
正社員-非管理職
パートアルバイト派遣社員
その他
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries21
Full-time employees - manager
Full-time employees - non-manager
Part-time / Temporary staff
Management / Officer
Others
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Corporate culture to prevent frauds
The key challenge is: to create a corporate culture that allows an employee to directly report
any issue that may lead to a fraud, as shown by Q3: monitor each other and Q8: encouraging
employees to report any fraud
51.1%
36.6%
21.9% 24.2%33.6%
26.1%
46.6%
24.2%
38.9%
53.0%
50.5%51.6%
51.2%
51.6%
40.5%
47.3%
8.1% 9.5%
24.7% 21.9%13.3%
20.1%11.5%
25.3%
1.9% 0.9% 2.8% 2.3% 1.9% 2.1% 1.4% 3.2%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
1 十分である 2 まあ十分である 3 あまり十分でない 4 十分でない
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries22
Q1: Company mission and action guideline are clearly stated.
Q2: Managements are addressing fraud prevention through their words and behaviors.
Q3: Communicate and monitor each other by sharing goals and results of each department.
Q4: Problems are able to be presented to senior positions as well.
Q5: Problems are able to be presented to members of specialized units.
Q6: Quality has priority over short-term results.
Q7: Punishment for fraud is pervasively acknowledged.
Q8: Pointing out issues which might be fraud is stimulated.
Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8
Sufficient Modestly sufficient Not sufficient Insufficient
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A relatively large number of companies answer that no internal whistle-blowing system has
been introduced, despite the fact that such a system has been proved effective.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries23
Current fraud risk prevention status
Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11Q1: Company policies for fraud prevention are established (e.g. Code of
conduct, compliance stipulation, manuals, and fraud prevention policies,
etc.)
Q2: Messages that states “all the frauds by managements are non-
permissive” are delivered.
Q3: Fraud prevention training to employees are provided.
Q4: Compliance consciousness survey with employees are performed.
Q5: Information of actual fraud cases are collected for risk assessment.
Q6: Whistle-blowing policies are established .
Q7: Internal audit is conducted for early detection of frauds.
Q8: Selection and management of business partners with the idea of fraud risk
management are performed.
Q9: HR policies with the idea of fraud risk management are performed.
Q10: J-SOX based whistle-blowing policies are leveraged.
Q11: Framework (incl. initial investigation, risk management, etc.) for fraud
detection (incl. possible cases) are established and performed.
Well acknowledged and being operated Implemented but acknowledgment and operations are not sufficient Not implemented
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
The keys to managing fraud risks are: to standardize operation processes and augment them
by an internal control system designed to prevent individual employees from acting at their
discretion; and to secure the personnel who can properly conduct such standardized
processes.
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries24
Obstacles for implementation of fraud risk prevention
* Percentages for the same year do not add up to 100% because multiple answers have been allowed.
Business operations run by specific personnel
Management shortage
Staffing shortage at job sites
Business manner gaps
Great pressure by budget and sales goals
Vulnerable information infrastructure
Unclear reporting lines
Great pressure by delivery schedule and customers.
Unclear role definition between group entities
Insufficient delegation of authority from headquarter
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
[Appendix 1]
Risk Management System in Asian Countries
1. Risk types subject to management
2. Top 3 risks prioritized by Japanese companies operating in Asia
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries25
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
The percentage of the risk related to economics (①) decreases as people become less
concerned about the possibility of soaring oil prices. On the other hand, the percentage of
the risk related to IT system (⑧) including information leakage increases.
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
12.5%11.8%
4.9%
12.5%5.0%
8.9%10.3%
15.3%
12.2%
6.6%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオペ
レーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
All Asia2018 2019
(Data label is for 2019)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries26
Risk types subject to management (by category, compared with 2018)
① Related to economics
② Related to natural disaster
③ Related to politics / geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Risk types subject to management (compared with 2018)
The percentage of the risk related to economics decreases as people become less concerned
about the possibility of soaring oil prices. On the other hand, the percentage of the risk
related to IT system including information leakage increases.
3.4%
5.4%
4.1%
6.4%
6.7%
14.4%16.0%
9.8%
24.2%
20.4%14.9%
18.3%
21.6%27.1%
22.2%
29.6%
27.8%
38.1%33.0%
36.1%38.4%
32.5%
32.5%33.0%
32.7%
21.6%34.3%
57.7%42.0%
48.2%
33.8%52.6%
63.7%
48.5%
60.3%70.9%
73.5%60.3%
62.6%
77.1%67.5%
3.3%7.3%
9.8%
10.5%
10.8%
12.8%18.8%
20.0%
24.0%24.5%
25.8%
26.0%27.0%
29.0%30.1%
30.4%
30.6%33.6%
34.1%
34.4%38.4%39.3%
39.8%
40.8%
41.4%
42.8%
46.1%
49.3%50.1%
52.2%54.2%
64.1%
64.4%66.4%
66.9%
71.5%
71.5%71.7%
73.5%
74.4%80.9%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019年
2018年
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34 . Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
All Asia
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries27
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks that need to be addressed with priority (Compared with 2018)
Overall results show the impact of intensifying market competition. The risks related to law
and regulation as well as human resources remain prioritized, and the system-related risk
ranks higher in priority than before.
0.3%
0.3%
0.0%
1.0%
0.3%
1.5%
1.5%
0.8%
0.0%
0.5%
0.5%
1.3%
1.0%
1.8%
1.5%
1.8%
5.7%
2.8%
4.4%2.1%
3.6%
8.5%
7.5%
4.4%
4.9%
5.4%
6.4%
1.8%
6.7%
5.7%
4.4%
7.5%
14.4%15.5%
18.8%
13.7%
22.7%
21.9%
24.0%
34.3%30.7%
0.0%
0.2%
0.2%
0.3%
0.5%
0.7%
0.7%
0.9%
1.0%
1.0%
1.2%
1.2%
1.5%
1.7%
1.9%
2.4%
2.8%
4.0%
4.1%
4.5%
5.0%
5.3%
5.5%
6.0%
6.0%
6.2%
6.5%
6.7%6.9%
7.4%
8.6%
9.8%
11.7%
15.5%
16.0%
16.0%
21.5%
22.7%
24.8%
25.8%
34.6%
20 風評被害等による株価の下落12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢13 北米・南米におけるテロ、政治情勢
11 中東・中近東におけるテロ、政治情勢41 買収後の事業統合不全
18 訴訟被害21 金融犯罪
37 過労死、長時間労働等労務問題の発生7 疫病の蔓延(パンデミック)等の発生
22 コンダクトリスク24 カルテル談合等の組織不正
27 リコール19 風評被害・不買運動等の発生
15 知的財産侵害23 財務報告の虚偽記載
38 労使問題34 大規模システムダウン・情報逸出
9 中国・ロシアにおけるテロ、政治情勢39 経営の機能不全
2 財政難30 顧客対応の不備
26 サプライチェーン寸断31 業務運用ミスによる多額損失発生
1 金融危機40 子会社に対するガバナンス不全
6 地震・風水害等、災害の発生10 東南・南アジアにおけるテロ、政治情勢
16 公害等の環境関連法規制対応29 設備事故
32 サイバー攻撃・ウイルス感染33 情報漏えい
28 製品/サービスの品質チェック体制の不備36 人件費高騰
5 原材料ならびに原油価格の高騰25 役員・従業員の不正・贈収賄等
3 為替変動14 法改正や業界基準変更時の対応の遅れ
35 人材流失、人材獲得の困難による人材不足17 法令遵守違反
4 市場における価格競争
2019年
2018年
All Asia
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries28
4. Price competitiveness17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff14. Delay in response for law and industry standard change
3. Exchange rate fluctuation25. Management’s/employee’s fraud/corruption5. High price in raw material or oil in the market
36. Labor costs soaring28. Deficiency in products/services quality control process
33. Information leakage32. Cyber-attack / Virus infection
29. Incident of facilities16. Response to environmental laws and regulations such as pollution10. Terrorism and political situation in South East Asia and South Asia
6. Earthquake, flood and disasters40. Failure of governance over subsidiaries
1. Financial crisis31. Huge losses caused by operational mistakes
26. Disrupted supply chain30. Deficiency in Customer Services
2. Economic difficulties39. Failure of proper management
09. Terrorism and political situation in China and Russia34. Largescale system down/loss of information
38. Labor-management problem23. Financial reporting misstatement15. Intellectual property infringement
19. Damage from unfounded rumors or boycott27. Product recall
24. Organizational fraud, such as cartel, collusion22. Conduct risk
7. Spread of plague (Pandemic)37. Labor issues, such as death from overwork, long working hours
21. Financial crime18. Litigation damage
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
13. Terrorism and Terrorism and political situation in Northern and Southern America8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa20. Stock price down by damage from unfounded rumors
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Risks in Indonesia are similar to those found in All Asia; however, more respondents in
Indonesia recognize the risk related to economics as the one subject to management than
other countries.
15.00%
10.96%
4.31%
12.54%3.29%
9.30%
8.04%
16.81%
12.72%
7.02%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Indonesia25.0%
15.0%
5.0%
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries29
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Risks in Indonesia are similar to those found in All Asia; however, more respondents in
Indonesia recognize the risk related to economics as the one subject to management than
other countries.
0.0%2.9%
4.3%2.9%
7.2%7.2%
11.6%13.0%
23.2%14.5%
23.2%21.7%
17.4%21.7%
17.4%10.1%
18.8%8.7%
30.4%44.9%
36.2%23.2%
37.7%31.9%
29.0%40.6%
47.8%42.0%
26.1%34.8%
62.3%53.6%
63.8%56.5%
62.3%58.0%
79.7%62.3%
56.5%68.1%
78.3%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries30
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market34. Largescale system down/loss of information
39. Failure of proper management31. Huge losses caused by operational mistakes
29. Incident of facilities23. Financial reporting misstatement
26. Disrupted supply chain38. Labor-management problem
1. Financial crisis18. Litigation damage
16. Response to environmental laws and regulations such as pollution7. Spread of plague (Pandemic)
9. Terrorism and political situation in China and Russia19. Damage from unfounded rumors or boycott
15. Intellectual property infringement24. Organizational fraud, such as cartel, collusion
40. Failure of governance over subsidiaries21. Financial crime
27. Product recall2. Economic difficulties
22. Conduct risk37. Labor issues, such as death from overwork, long working hours
13. Terrorism and Terrorism and political situation in Northern and Southern America41. Failure of businesses integration after acquisition
11. Terrorism and political situation in Near and Middle East20. Stock price down by damage from unfounded rumors
8. Situation in Korean Peninsula12. Terrorism and political situation in Africa
IndonesiaRisk types subject to management
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
A larger proportion of companies in Indonesia recognize as key issues the risks arising from
external environments, such as the risks related to exchange rate fluctuation, compliance
violation, and labor costs soaring.
36.0%
38.5%
21.7%
28.0%
21.2%
26.7%
12.0%11.5%
16.7%
36.0%
23.1%23.3%
36.0%
46.2%
38.3%
28.0%
32.7%
8.3%
4.0%
13.5%
11.7%
16.0%
34.6%
26.7%
8.0% 11.5% 10.0%8.0%
1.9%
6.7%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
2017年 2018年 2019年
Indonesia
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakageInformation leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries31
Compliance violation
Shortage of resources due to outflow of existing staff or
difficulty in hiring staff
Delay in response for law and industry standard
change
Management’s/employee’s fraud/corruption
Labor costs soaring
Deficiency in product/services quality control
process
Price competitiveness
Exchange rate fluctuation
High price in raw material or oil in the market
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Companies in Singapore are more likely to see the risks related to fraud / governance as the
ones subject to management, partly because companies there often function as regional
headquarters in Asia.
10.89%10.59%
6.32%
11.93%
6.19%
9.73%
9.21%
14.94%
10.93%
9.26%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Singapore
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries32
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Companies in Singapore are more likely to see the risks related to fraud / governance as the
ones subject to management, partly because companies there often function as regional
headquarters in Asia.
12.2%18.9%18.9%
24.3%23.0%23.0%
32.4%39.2%
31.1%28.4%
33.8%58.1%
40.5%43.2%
41.9%31.1%
40.5%40.5%
44.6%37.8%
43.2%54.1%
55.4%36.5%
54.1%55.4%55.4%
51.4%51.4%
47.3%77.0%
63.5%73.0%
81.1%70.3%70.3%
77.0%83.8%
66.2%83.8%
81.1%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries33
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market34. Largescale system down/loss of information
39. Failure of proper management31. Huge losses caused by operational mistakes
29. Incident of facilities23. Financial reporting misstatement
26. Disrupted supply chain38. Labor-management problem
1. Financial crisis18. Litigation damage
16. Response to environmental laws and regulations such as pollution7. Spread of plague (Pandemic)
9. Terrorism and political situation in China and Russia19. Damage from unfounded rumors or boycott
15. Intellectual property infringement24. Organizational fraud, such as cartel, collusion
40. Failure of governance over subsidiaries21. Financial crime
27. Product recall2. Economic difficulties
22. Conduct risk37. Labor issues, such as death from overwork, long working hours
13. Terrorism and Terrorism and political situation in Northern and Southern America41. Failure of businesses integration after acquisition
11. Terrorism and political situation in Near and Middle East20. Stock price down by damage from unfounded rumors
8. Situation in Korean Peninsula12. Terrorism and political situation in Africa
SingaporeRisk types under management
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
Although the risk related to compliance violation becomes less prioritized, the attention to
overall compliance in the region—including the response to law change and failure of
governance—remains high in Singapore.
30.4%
19.0%
34.2%
52.2%
42.9%
31.5%
15.2%
23.8%
19.2%
15.2%
19.0%17.8%
23.9%
28.6%
11.0%
8.7%9.5%
11.0%
19.6%
9.5%
12.3%
8.7%9.5% 9.6%
6.5%
9.5%
4.1%
21.7%
9.5%
15.1%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2017年 2018年 2019年
Singapore
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries34
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Since Thailand has more manufacturing bases than other Asian countries do, fewer
respondents in the country recognize the risk related to governance (⑩) as the one subject to
management.
12.27%12.86%
4.84%
11.66%
4.96%
8.83%11.37%
15.26%
12.04%5.90%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Thailand
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries35
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Since Thailand has more manufacturing bases than other Asian countries do, fewer
respondents in the country recognize the risk related to governance (⑩) as the one subject to
management.
1.9%1.9%
9.7%11.7%
6.8%12.6%
9.7%23.3%
21.4%30.1%
25.2%19.4%
21.4%18.4%
31.1%16.5%
29.1%29.1%
34.0%32.0%
43.7%41.7%
43.7%52.4%
45.6%46.6%
53.4%56.3%57.3%
53.4%74.8%
76.7%66.0%
65.0%68.0%
72.8%69.9%69.9%
78.6%76.7%
81.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries36
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market34. Largescale system down/loss of information
39. Failure of proper management31. Huge losses caused by operational mistakes
29. Incident of facilities23. Financial reporting misstatement
26. Disrupted supply chain38. Labor-management problem
1. Financial crisis18. Litigation damage
16. Response to environmental laws and regulations such as pollution7. Spread of plague (Pandemic)
9. Terrorism and political situation in China and Russia19. Damage from unfounded rumors or boycott
15. Intellectual property infringement24. Organizational fraud, such as cartel, collusion
40. Failure of governance over subsidiaries21. Financial crime
27. Product recall2. Economic difficulties
22. Conduct risk37. Labor issues, such as death from overwork, long working hours
13. Terrorism and political situation in Northern and Southern America41. Failure of businesses integration after acquisition
11. Terrorism and political situation in Near and Middle East20. Stock price down by damage from unfounded rumors
8. Situation in Korean Peninsula12. Terrorism and political situation in Africa
Risk types subject to management Thailand
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
Due to some changes in the market, the risks related to markets and labor costs soaring
skyrocket in percentage terms, while the risk related to compliance violation nose-dive.
15.8%
27.2%
34.0%
26.3%
34.6%
18.4%
31.6%
27.2%
23.3%
10.5%11.1%
19.4%
36.8%
21.0%
21.1%
13.6% 15.5%
21.1%
12.3%
20.4%
0.0%
12.3%
18.4%15.8%
22.2%
19.4%
10.5%9.9%
6.8%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2017年 2018年 2019年
Thailand
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries37
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More respondents in the Philippines choose the risks related to IT system (introduction and
operation of a system under the current laws) and natural disaster (development of a
business continuity plan) as the one subject to management than other countries.
11.07%13.83%
3.95%
12.65%2.96%
7.11%9.55%
20.42%
11.86%
6.59%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Philippines
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries38
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More respondents in the Philippines choose the risks related to IT system (introduction and
operation of a system under the current laws) and natural disaster (development of a
business continuity plan) as the one subject to management than other countries.
0.0%6.7%
0.0%6.7%
0.0%6.7%6.7%6.7%
13.3%6.7%
13.3%6.7%6.7%
0.0%20.0%20.0%20.0%
13.3%26.7%26.7%26.7%
33.3%26.7%
33.3%53.3%
60.0%66.7%
40.0%26.7%
40.0%40.0%
73.3%40.0%
60.0%66.7%66.7%
40.0%80.0%
86.7%86.7%86.7%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries39
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management Philippines
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
The risks related to operational and profit/loss aspects rank in the Philippines, including law
change (including the impact of tax law amendment), the hiring and retention of talent, and
high prices in raw material.
40.0%
20.0%
60.0%
20.0%20.0%
33.3%
40.0% 40.0%
0.0%
6.7%
20.0%
26.7%
20.0%
13.3%
0.0% 0.0%0.0% 0.0%
20.0% 20.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
2018年 2019年
Philippines
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
Survey started in the Philippines in 2018
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries40
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More companies in Malaysia choose the risk related to IT system, including Cyber-attack /
Virus infection and information leakage, as the ones subject to management than other Asian
countries.
13.50%11.25%
5.08%
12.49%3.63%
8.64%11.74%
15.97%
12.25%5.44%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Malaysia
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries41
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More companies in Malaysia choose the risks related to IT system, including Cyber-attack /
Virus infection and information leakage, as the ones subject to management than other Asian
countries.
2.9%4.3%4.3%
8.7%13.0%
11.6%18.8%
26.1%26.1%
24.6%21.7%
17.4%24.6%
20.3%24.6%
26.1%39.1%
44.9%27.5%
33.3%29.0%
46.4%40.6%
50.7%40.6%
34.8%46.4%
60.9%63.8%
55.1%68.1%
50.7%65.2%
76.8%59.4%
69.6%79.7%
68.1%82.6%
73.9%82.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries42
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)09. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management Malaysia
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
High priority is still placed on the risks related to price competitiveness, exchange rate
fluctuation and personnel shortage, mainly against the background of the pay raises in
manufacturing industries in and after 2018.
25.0%26.2%
39.7%
35.0%35.7%
27.9%
40.0%
47.6%
29.4%
20.0%
26.2%
19.1%
35.0%35.7% 36.8%
30.0%
21.4%
25.0%
15.0%
7.1%
10.3%
15.0%
19.0%17.6%
15.0%
9.5%10.3%
0.0%
4.8%5.9%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
2017年 2018年 2019年
Malaysia
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries43
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More respondents in Vietnam perceive the risk related to human resources (⑨) as the one
subject to management than other Asian countries.
12.40%11.17%
4.37%
12.84%4.47%
8.49%11.08%
15.82%
14.52% 4.84%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Vietnam
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries44
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
More respondents in Vietnam perceive the risk related to human resources as the one subject
to management than other Asian countries.
0.0%4.1%
6.1%8.2%
6.1%12.2%
16.3%18.4%
14.3%22.4%
24.5%16.3%
18.4%32.7%
26.5%24.5%
22.4%26.5%
22.4%16.3%
36.7%44.9%
26.5%40.8%
38.8%30.6%
38.8%59.2%
51.0%44.9%
46.9%59.2%
77.6%63.3%
67.3%65.3%
71.4%71.4%
81.6%69.4%
83.7%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries45
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management Vietnam
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
Many companies in Vietnam perceive compliance-related risks—including compliance
violation and fraud/corruption—to be their priority as well as the risk related to shortage of
resources.
0.0%0.0%
2.0%0.0%0.0%0.0%0.0%
2.0%0.0%0.0%
2.0%0.0%0.0%
2.0%0.0%0.0%
4.1%2.0%2.0%
0.0%4.1%
0.0%8.2%
6.1%2.0%
0.0%6.1%
4.1%4.1%
8.2%8.2%
14.3%12.2%
18.4%24.5%
30.6%14.3%
26.5%32.7%
30.6%28.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
20 風評被害等による株価の下落
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
13 北米・南米におけるテロ、政治情勢
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
18 訴訟被害
21 金融犯罪
37 過労死、長時間労働等労務問題の発生
7 疫病の蔓延(パンデミック)等の発生
22 コンダクトリスク
24 カルテル談合等の組織不正
27 リコール
19 風評被害・不買運動等の発生
15 知的財産侵害
23 財務報告の虚偽記載
38 労使問題
34 大規模システムダウン・情報逸出
9 中国・ロシアにおけるテロ、政治情勢
39 経営の機能不全
2 財政難
30 顧客対応の不備
26 サプライチェーン寸断
31 業務運用ミスによる多額損失発生
1 金融危機
40 子会社に対するガバナンス不全
6 地震・風水害等、災害の発生
10 東南・南アジアにおけるテロ、政治情勢
16 公害等の環境関連法規制対応
29 設備事故
32 サイバー攻撃・ウイルス感染
33 情報漏えい
28 製品/サービスの品質チェック体制の不備
36 人件費高騰
5 原材料ならびに原油価格の高騰
25 役員・従業員の不正・贈収賄等
3 為替変動
14 法改正や業界基準変更時の対応の遅れ
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
4 市場における価格競争
* Figures for only the year of 2019 are shown because this is the first survey in Vietnam2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries46
4. Price competitiveness17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff14. Delay in response for law and industry standard change
3. Exchange rate fluctuation25. Management’s/employee’s fraud/corruption5. High price in raw material or oil in the market
36. Labor costs soaring28. Deficiency in products/services quality control process
33. Information leakage32. Cyber-attack / Virus infection
29. Incident of facilities16. Response to environmental laws and regulations such as pollution10. Terrorism and political situation in South East Asia and South Asia
6. Earthquake, flood and disasters40. Failure of governance over subsidiaries
1. Financial crisis31. Huge losses caused by operational mistakes
26. Disrupted supply chain30. Deficiency in Customer Services
2. Economic difficulties39. Failure of proper management
9. Terrorism and political situation in China and Russia34. Largescale system down / loss of information
38. Labor-management problem23. Financial reporting misstatement15. Intellectual property infringement
19. Damage from unfounded rumors or boycott27. Product recall
24. Organizational fraud, such as cartel, collusion22. Conduct risk
7. Spread of plague (Pandemic)37. Labor issues, such as death from overwork, long working hours
21. Financial crime18. Litigation damage
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
13. Terrorism and political situation in Northern and Southern America8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa20. Stock price down by damage from unfounded rumors
Vietnam
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Fewer companies in Myanmar pick out governance-related risks than other Asian countries,
presumably because priority is placed on the response to external risks, such as shortage of
resources, to stabilize operations first.
13.33%13.12%
5.60%
11.97%
5.25%
9.13%9.54%
13.82%
12.47%5.77%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Myanmar
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries47
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
5.7%3.8%
11.3%11.3%
7.5%9.4%
24.5%9.4%
35.8%13.2%
26.4%20.8%
34.0%20.8%
26.4%20.8%
32.1%20.8%
26.4%37.7%
35.8%17.0%
28.3%34.0%
47.2%34.0%
28.3%34.0%
30.2%64.2%
69.8%62.3%
49.1%54.7%
66.0%69.8%
62.3%66.0%
69.8%64.2%
83.0%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries48
Fewer companies in Myanmar picked out governance-related risks than other Asian countries,
presumably because priority is placed on the response to external risks, such as personnel
shortage, to stabilize operations first.
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management Myanmar
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Many companies in Myanmar recognize that the key is to operate in a stable manner by
addressing risks related to unclear regulations and a high turnover of staff.
0.0%0.0%0.0%0.0%0.0%
2.1%2.1%
0.0%6.3%
2.1%2.1%
4.2%0.0%0.0%0.0%
4.2%6.3%
2.1%2.1%
8.3%8.3%
12.5%4.2%
12.5%10.4%
4.2%4.2%
8.3%0.0%
8.3%4.2%4.2%
12.5%4.2%
8.3%12.5%
14.6%31.3%
41.7%20.8%
31.3%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
20 風評被害等による株価の下落
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
13 北米・南米におけるテロ、政治情勢
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
18 訴訟被害
21 金融犯罪
37 過労死、長時間労働等労務問題の発生
7 疫病の蔓延(パンデミック)等の発生
22 コンダクトリスク
24 カルテル談合等の組織不正
27 リコール
19 風評被害・不買運動等の発生
15 知的財産侵害
23 財務報告の虚偽記載
38 労使問題
34 大規模システムダウン・情報逸出
9 中国・ロシアにおけるテロ、政治情勢
39 経営の機能不全
2 財政難
30 顧客対応の不備
26 サプライチェーン寸断
31 業務運用ミスによる多額損失発生
1 金融危機
40 子会社に対するガバナンス不全
6 地震・風水害等、災害の発生
10 東南・南アジアにおけるテロ、政治情勢
16 公害等の環境関連法規制対応
29 設備事故
32 サイバー攻撃・ウイルス感染
33 情報漏えい
28 製品/サービスの品質チェック体制の不備
36 人件費高騰
5 原材料ならびに原油価格の高騰
25 役員・従業員の不正・贈収賄等
3 為替変動
14 法改正や業界基準変更時の対応の遅れ
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
4 市場における価格競争
* Figures for only the year of 2019 are shown because this is the first survey in Myanmar2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries49
4. Price competitiveness17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff14. Delay in response for law and industry standard change
3. Exchange rate fluctuation25. Management’s/employee’s fraud/corruption5. High price in raw material or oil in the market
36. Labor costs soaring28. Deficiency in products/services quality control process
33. Information leakage32. Cyber-attack / Virus infection
29. Incident of facilities16. Response to environmental laws and regulations such as pollution10. Terrorism and political situation in South East Asia and South Asia
6. Earthquake, flood and disasters40. Failure of governance over subsidiaries
1. Financial crisis31. Huge losses caused by operational mistakes
26. Disrupted supply chain30. Deficiency in Customer Services
2. Economic difficulties39. Failure of proper management
9. Terrorism and political situation in China and Russia34. Largescale system down / loss of information
38. Labor-management problem23. Financial reporting misstatement15. Intellectual property infringement
19. Damage from unfounded rumors or boycott27. Product recall
24. Organizational fraud, such as cartel, collusion22. Conduct risk
7. Spread of plague (Pandemic)37. Labor issues, such as death from overwork, long working hours
21. Financial crime18. Litigation damage
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
13. Terrorism and political situation in Northern and Southern America8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa20. Stock price down by damage from unfounded rumors
Top 3 risks to be prioritized Myanmar
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Many respondents in China choose the risk related to the response to law and regulation as
the key issue, showing their high interest in law and regulation-related risks.
11.59%10.97%
4.42%
14.13%
6.00%
8.68%10.39%
15.01%
11.89%
6.93%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
China
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries50
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Many respondents in China choose the risk related to the response to law and regulation as
the key issue, showing their high interest in law and regulation-related risks.
2.0%13.3%14.3%
6.1%13.3%13.3%
19.4%16.3%
22.4%33.7%
25.5%34.7%
32.7%45.9%
38.8%70.4%
36.7%56.1%
49.0%34.7%
40.8%46.9%
41.8%38.8%
37.8%43.9%
49.0%49.0%
62.2%56.1%
12.2%60.2%
76.5%71.4%
75.5%81.6%
68.4%78.6%
73.5%79.6%
81.6%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries51
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management China
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
Many respondents in China perceive the environmental law and regulation aimed at
preventing pollution and political circumstances as risks, in addition to the risks related to
price competitiveness, compliance violation, and law and regulation change.
29.6%
31.4%
35.1%36.1%
34.9%
29.9%
20.4%20.9% 20.6%
15.7%
25.6%
27.8%
12.0% 12.2%13.4%
12.0%
18.6%
16.5%
19.4%
16.9%
19.6%20.4%
11.6%
19.6%20.4%
13.4%
9.3%
6.5%
8.1%9.3%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2017年 2018年 2019年
China
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries52
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Many respondents in Taiwan choose the risks related to natural disaster and law and
regulation, against the background of the typhoons and earthquakes that hit Taiwan and the
amendments to the Company Act and the Labor Standards Law in 2018.
12.66% 13.67%
4.44%
12.66%4.68%
8.35%10.55%
14.87%
11.87%
6.24%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
Taiwan
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries53
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
2.6%10.3%
5.1%5.1%5.1%
12.8%20.5%
10.3%12.8%
15.4%20.5%
15.4%30.8%30.8%
28.2%51.3%
12.8%33.3%
20.5%25.6%
41.0%28.2%
30.8%35.9%35.9%
46.2%33.3%
35.9%41.0%
69.2%12.8%
84.6%33.3%
59.0%56.4%
76.9%74.4%
66.7%74.4%
66.7%74.4%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries54
Many respondents in Taiwan choose the risks related to natural disaster and law and
regulation, against the background of the typhoons and earthquakes that hit Taiwan and the
amendments to the Company Act and the Labor Standards Law in 2018.
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process05. High price in raw material or oil in the market34. Largescale system down / loss of information
39. Failure of proper management31. Huge losses caused by operational mistakes
29. Incident of facilities23. Financial reporting misstatement
26. Disrupted supply chain38. Labor-management problem
1. Financial crisis18. Litigation damage
16. Response to environmental laws and regulations such as pollution7. Spread of plague (Pandemic)
9. Terrorism and political situation in China and Russia19. Damage from unfounded rumors or boycott
15. Intellectual property infringement24. Organizational fraud, such as cartel, collusion
40. Failure of governance over subsidiaries21. Financial crime
27. Product recall2. Economic difficulties
22. Conduct risk37. Labor issues, such as death from overwork, long working hours
13. Terrorism and political situation in Northern and Southern America41. Failure of businesses integration after acquisition
11. Terrorism and political situation in Near and Middle East20. Stock price down by damage from unfounded rumors
8. Situation in Korean Peninsula12. Terrorism and political situation in Africa
Risk types subject to management Taiwan
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
About half the companies surveyed in Taiwan recognize the risk related to price
competitiveness as the key issue, followed by the risks related to compliance violation,
human resources, and exchange rate fluctuation.
0.0%0.0%0.0%
2.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
5.6%2.8%
13.9%2.8%
5.6%16.7%
0.0%2.8%
5.6%2.8%
13.9%0.0%
5.6%5.6%
2.8%19.4%
16.7%8.3%
13.9%8.3%
25.0%11.1%
25.0%30.6%
47.2%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%
20 風評被害等による株価の下落
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
13 北米・南米におけるテロ、政治情勢
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
18 訴訟被害
21 金融犯罪
37 過労死、長時間労働等労務問題の発生
7 疫病の蔓延(パンデミック)等の発生
22 コンダクトリスク
24 カルテル談合等の組織不正
27 リコール
19 風評被害・不買運動等の発生
15 知的財産侵害
23 財務報告の虚偽記載
38 労使問題
34 大規模システムダウン・情報逸出
9 中国・ロシアにおけるテロ、政治情勢
39 経営の機能不全
2 財政難
30 顧客対応の不備
26 サプライチェーン寸断
31 業務運用ミスによる多額損失発生
1 金融危機
40 子会社に対するガバナンス不全
6 地震・風水害等、災害の発生
10 東南・南アジアにおけるテロ、政治情勢
16 公害等の環境関連法規制対応
29 設備事故
32 サイバー攻撃・ウイルス感染
33 情報漏えい
28 製品/サービスの品質チェック体制の不備
36 人件費高騰
5 原材料ならびに原油価格の高騰
25 役員・従業員の不正・贈収賄等
3 為替変動
14 法改正や業界基準変更時の対応の遅れ
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
4 市場における価格競争
* Figures for only the year of 2019 are shown because this is the first survey in Taiwan
Taiwan
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries55
4. Price competitiveness17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff14. Delay in response for law and industry standard change
3. Exchange rate fluctuation25. Management’s/employee’s fraud/corruption5. High price in raw material or oil in the market
36. Labor costs soaring28. Deficiency in products/services quality control process
33. Information leakage32. Cyber-attack / Virus infection
29. Incident of facilities16. Response to environmental laws and regulations such as pollution10. Terrorism and political situation in South East Asia and South Asia
6. Earthquake, flood and disasters40. Failure of governance over subsidiaries
1. Financial crisis31. Huge losses caused by operational mistakes
26. Disrupted supply chain30. Deficiency in Customer Services
2. Economic difficulties39. Failure of proper management
9. Terrorism and political situation in China and Russia34. Largescale system down / loss of information
38. Labor-management problem23. Financial reporting misstatement15. Intellectual property infringement
19. Damage from unfounded rumors or boycott27. Product recall
24. Organizational fraud, such as cartel, collusion22. Conduct risk
7. Spread of plague (Pandemic)37. Labor issues, such as death from overwork, long working hours
21. Financial crime18. Litigation damage
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
13. Terrorism and political situation in Northern and Southern America8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa20. Stock price down by damage from unfounded rumors
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Awareness is growing in India of the risk related to economics (①)—including fiercer market
competition amid slowing economy, and soaring price of oil—and so is the awareness of the
risk related to human resources (⑨)—including labor costs soaring.
13.35%13.05%
4.35%
12.28%
5.37%
9.52%10.62%
13.05%
12.28%6.14%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
①経済環境関連
②自然災害関連
③政治・地政学関連
④法律・規制関連
⑤レピュテーション関連
⑥不正関連
⑦製品/サービスおよびオ
ペレーション関連
⑧システム関連
⑨人材・労務関連
⑩ガバナンス関連
India
12.5% 11.8%
5.0%
12.6%
5.0%
8.9%10.3%
15.3%
12.0%
6.6%
All Asia①
②
③
④
⑤
⑥⑦
⑧
⑨
⑩
Risk types subject to management (by category)
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries56
① Related to economics
② Related to natural disaster
③ Related to politics and geopolitics
④ Related to law and regulation
⑤ Related to reputation
⑥ Related to fraud
⑦ Related to product
/service and operation
⑧ Related to IT system
⑨ Related to human resources
⑩ Related to governance
*Figures in percentage above have been calculated, based on the ratios of the categorized risks chosen as ones subject to management, in a way that all percentages add up to 100%.
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Awareness is growing in India of the risk related to economics (①)—including fiercer market
competition amid slowing economy, and soaring price of oil—and so is the awareness of the
risk related to human resources (⑨)—including labor costs soaring.
3.1%3.1%
12.5%18.8%
15.6%12.5%
28.1%15.6%
31.3%31.3%
37.5%18.8%
28.1%31.3%31.3%
9.4%37.5%
34.4%37.5%
50.0%37.5%37.5%
43.8%37.5%
34.4%40.6%
34.4%43.8%
62.5%56.3%
59.4%68.8%
56.3%56.3%
68.8%81.3%
65.6%68.8%
78.1%71.9%
75.0%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
12 アフリカにおけるテロ、政治情勢
8 朝鮮半島情勢
20 風評被害等による株価の下落
11 中東・中近東におけるテロ、政治情勢
41 買収後の事業統合不全
13 北米・南米におけるテロ、政治情勢
37 過労死、長時間労働等労務問題の発生
22 コンダクトリスク
2 財政難
27 リコール
21 金融犯罪
40 子会社に対するガバナンス不全
24 カルテル談合等の組織不正
15 知的財産侵害
19 風評被害・不買運動等の発生
9 中国・ロシアにおけるテロ、政治情勢
7 疫病の蔓延(パンデミック)等の発生
16 公害等の環境関連法規制対応
18 訴訟被害
1 金融危機
38 労使問題
26 サプライチェーン寸断
23 財務報告の虚偽記載
29 設備事故
31 業務運用ミスによる多額損失発生
39 経営の機能不全
34 大規模システムダウン・情報逸出
5 原材料ならびに原油価格の高騰
28 製品/サービスの品質チェック体制の不備
30 顧客対応の不備
10 東南・南アジアにおけるテロ、政治情勢
6 地震・風水害等、災害の発生
36 人件費高騰
32 サイバー攻撃・ウイルス感染
25 役員・従業員の不正・贈収賄等
4 市場における価格競争
3 為替変動
33 情報漏えい
35 人材流失、人材獲得の困難による人材不足
17 法令遵守違反
14 法改正や業界基準変更時の対応の遅れ
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries57
14. Delay in response for law and industry standard change17. Compliance violation
35. Shortage of resources due to outflow of existing staff or difficulty in hiring staff33. Information leakage
3. Exchange rate fluctuation4. Price competitiveness
25. Management’s/employee’s fraud/corruption32. Cyber-attack / Virus infection
36. Labor costs soaring6. Earthquake, flood and disasters
10. Terrorism and political situation in South East Asia and South Asia30. Deficiency in Customer Services
28. Deficiency in products/services quality control process5. High price in raw material or oil in the market
34. Largescale system down / loss of information39. Failure of proper management
31. Huge losses caused by operational mistakes29. Incident of facilities
23. Financial reporting misstatement26. Disrupted supply chain
38. Labor-management problem1. Financial crisis
18. Litigation damage 16. Response to environmental laws and regulations such as pollution
7. Spread of plague (Pandemic)9. Terrorism and political situation in China and Russia
19. Damage from unfounded rumors or boycott15. Intellectual property infringement
24. Organizational fraud, such as cartel, collusion40. Failure of governance over subsidiaries
21. Financial crime27. Product recall
2. Economic difficulties22. Conduct risk
37. Labor issues, such as death from overwork, long working hours13. Terrorism and political situation in Northern and Southern America
41. Failure of businesses integration after acquisition11. Terrorism and political situation in Near and Middle East
20. Stock price down by damage from unfounded rumors8. Situation in Korean Peninsula
12. Terrorism and political situation in Africa
Risk types subject to management India
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Top 3 risks to be prioritized
Demand is growing in India to address the risks related to the intensifying price competition
in the market amid a slowing economy as well as the exchange rate fluctuation because of
the falling rupee.
37.5%35.7%
56.3%
37.5%
42.9%
15.6%
5.0%
21.4%
18.8%
30.0%
21.4% 21.9%
2.5%
35.7%37.5%
12.5%
7.1%
18.8%
12.5%
7.1%
12.5%
15.0%
7.1%
9.4%
17.5%
21.4%
15.6%
7.5% 7.1%
9.4%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2017年 2018年 2019年
India
4 市場における価格競争 Price competitiveness
17法令遵守違反 Compliance violation
35人材流失、人材獲得の困難による人材不足 Shortage of
resources due to outflow of existing staff or difficulty in hiring staff
14法改正や業界基準変更時の対応の遅れ Delay in response for
law and industry standard change
3 為替変動 Exchange rate fluctuation
5 原材料ならびに原油価格の高騰 High price in raw material or oil
in the market
25役員・従業員の不正・贈収賄等 Management’s/employee’s
fraud/corruption
36人件費高騰 Labor costs soaring
28製品/サービスの品質チェック体制の不備 Deficiency in
products/services quality control process
33情報漏えい Information leakage
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries58
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
[Appendix 2]
Frauds That Have Occurred in Asian Countries
1. Fraud types
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries59
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
3.0%
6.1%
6.1%
0.0%
6.1%
6.1%
12.1%
18.2%
24.2%
3.0%
18.2%
39.4%
27.3%
27.3%
39.4%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Indonesia
Bribe
Fraud types
Many companies in Indonesia perceive frauds related to compliance violation including bribe
as the key risk, in addition to frauds committed by employees, such as asset
misappropriation
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries60
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
2.9%
5.9%
20.6%
2.9%
20.6%
20.6%
20.6%
23.5%
14.7%
14.7%
20.6%
32.4%
35.3%
26.5%
44.1%
38.2%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Singapore
Fraud types
The percentage of frauds related to inappropriate information usage / fraudulent reporting is
high in Singapore, in addition to asset misappropriation including Fraud disbursement
relating to expenses and purchasing.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries61
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Fraud types
Following 2018, many respondents in Thailand choose frauds related to corruption as the key
risk as well as frauds related to misappropriation and improper disbursement.
2.3%
0.0%
0.0%
6.8%
2.3%
2.3%
6.8%
4.5%
15.9%
13.6%
18.2%
25.0%
18.2%
50.0%
40.9%
34.1%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Thailand
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries62
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
40.0%
20.0%
0.0%
0.0%
60.0%
40.0%
20.0%
40.0%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Philippines
Fraud types
The percentage of frauds related to the disbursement for purchasing is the highest in the
Philippines, followed by frauds related to inventories/other assets, salary/wages, and
facilitation payments.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries63
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
5.3%
15.8%
0.0%
0.0%
15.8%
0.0%
10.5%
26.3%
5.3%
21.1%
21.1%
36.8%
42.1%
52.6%
10.5%
47.4%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Malaysia
Fraud types
Similarly to last year, the percentage of misappropriation of inventories/other assets is the
highest in Malaysia. Also, the percentage of fraud disbursement relating to purchasing and
that of frauds related to bribe is growing.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries64
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
4.8%
0.0%
4.8%
0.0%
0.0%
0.0%
4.8%
0.0%
19.0%
9.5%
38.1%
38.1%
38.1%
42.9%
33.3%
61.9%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Vietnam
Fraud types
The percentage of frauds related to bribe is outstandingly high in Vietnam, with the
percentages of frauds related to misappropriation and improper disbursement being also
relatively high.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries65
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
3.3%
3.3%
10.0%
6.7%
10.0%
6.7%
10.0%
13.3%
6.7%
36.7%
6.7%
23.3%
20.0%
23.3%
36.7%
36.7%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Myanmar
Fraud types
Many respondents in Myanmar choose frauds related to cash management and improper
spending for expenses as the key risks, in addition to bribe (with authorities), because the
practice of cash transactions is still common.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries66
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
0.0%
2.4%
9.8%
4.9%
14.6%
12.2%
14.6%
17.1%
2.4%
22.0%
26.8%
36.6%
31.7%
53.7%
48.8%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
China
Fraud types
The percentages of fraud disbursement relating to expenses, bribe, and inappropriate
information usage are high in China. The increase in Bribe reflects tightened law and
regulation.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries67
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
0.0%
11.1%
11.1%
0.0%
11.1%
11.1%
11.1%
33.3%
11.1%
0.0%
33.3%
0.0%
11.1%
11.1%
33.3%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
Taiwan
Fraud types
One in three companies that have experienced fraud cases in Taiwan recognize corruption,
inappropriate information usage, and frauds related to payroll as key risks.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries68
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
0.0%
6.7%
0.0%
13.3%
6.7%
0.0%
0.0%
0.0%
6.7%
0.0%
6.7%
6.7%
6.7%
13.3%
26.7%
73.3%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
談合・カルテル
小切手に関する不正支払
負債・費用の隠蔽
その他
不適切な資産評価等
不適切な収益認識
費用・収益期間帰属操作
売上入金に関する不正
給与に関する不正支払
現預金の窃盗
違法な利益相反
情報の不正利用、不正な報告
購買に関する不正支払
在庫・その他資産横領
経費に関する不正支払
賄賂
India
Fraud types
Attention is high in India to frauds related to fraud disbursement and misappropriation, in
addition to corruption, which reflects tightened regulations against corruption.
Asset Misappropriation
Financial Statement Fraud
Corruption
Other fraud
2019 Survey on Risk Management and Frauds of Japanese Companies operating in Asian Countries69
Fraud disbursement relating to expenses
Theft of inventory or other assets
Fraud disbursement relating to purchase
Inappropriate information usage / Fraudulent Reporting
Illegal conflict of interest
Cash theft
Fraud disbursement relating to payroll
Fraud in sales
Manipulation of sales/expenses cut-off
Inappropriate revenue recognition
Inappropriate evaluation of assets
Others
Concealment of liabilities or expense
Fraud disbursement relating to checks
Bid-rigging / Cartel
Bribe
© 2020. For information, contact Deloitte Touche Tohmatsu LLC.
Contact
Asia Pacific Region
Yoshifumi Yanagisawa
+65 8318 3536
Indonesia
Hideo Minowa
+62 8577 9666 201
Singapore
Tommy Ohashi
+65 6800 2317
Thailand
Satoshi Akao
+66 98 297 1874
Philippines
Hiroyuki Hanaoka
+63 2 581 9098
Malaysia
Yasuharu Okamoto
+60 11 6162 4708
Vietnam
(Hanoi)
Sumihito Kido
+84 24 6288 3568
(Ho Chi Minh)
Gen Takaishi
+84 28 3910 0751
Myanmar
Eijun Arakawa
+95 92 5559 1224
China
(Shanghai)
Masaki Ishii
+86 21 23166356
(Beijing)
Yuji Koike
+86 158 1156 6631
Taiwan
Tsuyoshi Nakamura
+886 2 2725-9988 #3755
India
Tamon Hatakeyama
+91 8447709450
70
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