Strengthening the Internal Control, Risk Management and Compliance Framework
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
Hokuryo moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The company established the Compliance Committee, chaired by the General Manager of the Administration Headquarters, and discusses the necessary authority and other matters to establish, embed and institutionalize the compliance system.」
The description changed from a system in which the Representative Director and President served as committee chair to one in which the General Manager of the Administration Headquarters serves as committee chair. Both the Compliance Committee and Crisis Management Committee met 3 times during the fiscal year. - FY2025RestatedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, met 3 times during the fiscal year and reviewed the status of efforts by the company's officers and employees to comply with laws and regulations.」
The Compliance Committee and Crisis Management Committee each met 3 times, and the head of the Internal Audit Office continued to report to the Board of Directors once a year. - FY2024AdvancedAnnual report
「To ensure dual reporting lines, the head of the Internal Audit Office reports directly to the Board of Directors once a year on the results of internal audits and related issues. During the fiscal year, the report was made at the Board meeting held in December 2023.」
The company expressly states that the head of the Internal Audit Office reports directly to the Board of Directors once a year, with the report made in December 2023. The Compliance Committee and Crisis Management Committee also each met 3 times during the fiscal year. - FY2022AdvancedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, met 3 times during the fiscal year and reviewed the status of efforts by the company's officers and employees to comply with laws and regulations.」
The Compliance Committee met 3 times during the fiscal year. In addition, the Crisis Management Committee met 3 times and the Board of Directors met 17 times to confirm the operation of internal controls and risk management. - FY2022-Q2AdvancedAnnual report
「Based on the absorption-type merger agreement entered into on 13 July 2021, we decided to merge our wholly owned subsidiary, 株式会社第一ポートリーファーム, with 1 October 2021 as the effective date.」
The absorption-type merger of 第一ポートリーファーム was completed on 1 October 2021, advancing the company to the stage of improving the efficiency of administrative and back-office functions and strengthening corporate governance, compliance and risk management. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 July 2021, we resolved to absorb and merge our wholly owned consolidated subsidiary 株式会社第一ポートリーファーム, and on the same date entered into an agreement with 株式会社第一ポートリーファーム concerning the absorption-type merger.」
The company resolved to absorb and merge 第一ポートリーファーム and entered into the relevant agreement. Through the merger on 1 October 2021, it aims to accelerate decision-making, improve the efficiency of administrative and back-office functions, and strengthen corporate governance, compliance and risk management. - FY2021AdvancedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, met 3 times during the fiscal year and reviewed the status of efforts by the officers and employees of our group to comply with laws and regulations.」
In addition to 3 meetings of the Compliance Committee during the fiscal year, the Crisis Management Committee met 3 times and the Board of Directors met 14 times to confirm the operation of internal controls and risk management. - FY2020RestatedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, met 2 times during the fiscal year and reviewed the status of efforts by the officers and employees of our group to comply with laws and regulations.」
The Compliance Committee continued reviewing compliance with laws and regulations and met 2 times during the fiscal year. The Crisis Management Committee also met 3 times to confirm the development of risk management and a BCP. - FY2019RestatedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, met 3 times during the fiscal year and reviewed the status of efforts by the officers and employees of our group to comply with laws and regulations, including study of laws related to work-style reforms.」
The Compliance Committee met 3 times during the fiscal year, continuing its review of compliance with laws and regulations. The company also describes oversight by the Internal Audit Office and the Crisis Management Committee. - FY2018RestatedAnnual report
「With changes in the environment surrounding our group and business expansion, strengthening internal management systems to improve operational efficiency and manage risk is an important issue. Accordingly, we will develop an internal control system to support sustained growth by identifying risks, establishing controls, strengthening the compliance system and conducting evaluations through internal audits.」
Strengthening the internal management system in response to business expansion is an ongoing issue, with measures continuing through risk identification, control establishment, compliance and internal audits. - FY2017AdvancedAnnual report
「The Compliance Committee, chaired by the Representative Director and President, meets 3 times a year to review the status of efforts by the officers and employees of our group to comply with laws and regulations, including matters related to labor management.」
The internal control and compliance systems are in the operational stage. The Compliance Committee meets 3 times a year and the Crisis Management Committee 4 times a year, and internal audits are also conducted. - FY2016First statedAnnual report
「Accordingly, we will promote the development of our internal control system and strengthen the framework for ensuring fairness and transparency in management. Specifically, we will operate our business efficiently and stably to support sustained growth by identifying operational risks, establishing controls, strengthening our compliance system and conducting evaluations through internal audits.」
The company has stated a policy of strengthening internal controls, risk identification and control frameworks, compliance and internal audits to address operational risks associated with business expansion.