Group-Wide Compliance and Risk Management Framework
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: 2026-06-08.
97 other companies' latest entry also says "Restated".
- FY2025AdvancedAnnual report
「We have also established a Compliance Committee to deter misconduct by the Group’s directors, employees and business partners, maintain the Group’s social credibility, and establish a compliance system. The Compliance Committee consists of 4 outside experts, including a legal adviser. In principle, the Committee meets once every 3 months, as well as whenever necessary, and is responsible for confirming the status of the compliance system, investigating and deliberating on facts involving suspected misconduct, and reporting to and providing opinions to the Board of Directors as appropriate.」
In addition to management by the Risk Management Committee, the Company specifically describes the operation of a Compliance Committee comprising 4 external experts and meeting, in principle, once every 3 months. - FY2023ReframedAnnual report
「Subsequently, at the regular Board of Directors meeting held on 22 September 2022, it was established and has operated as the Risk Management Committee. The committee consists of the head of the Administration Headquarters as chair, 1 outside committee member (an attorney or certified public accountant), the head of the Internal Audit Office, and a full-time Audit and Supervisory Committee member. Depending on the matters under review, relevant parties are requested to attend.」
The committee established to strengthen internal controls following past inappropriate accounting practices was renamed and reorganized into a structure operating as the Risk Management Committee, with its membership, including outside experts, also specified. - FY2022RestatedAnnual report
「In response to the issue of improper accounting treatment in the past, on 14 February 2019 we prepared and published an improvement plan and status report aimed at rebuilding our internal control structure. Based on that improvement plan, we have worked to establish a structure that ensures the legality and effectiveness of operations, manage risks and comply with relevant laws and regulations. During the current fiscal year as well, we will continue implementing measures based on the above improvement plan and work to build a stronger internal control structure.」
The company continues to develop its internal control system based on the improvement plan following past inappropriate accounting practices, conduct advance confirmations with external experts, and operate its internal reporting system. - FY2021RestatedAnnual report
「In response to the issue of improper accounting treatment in the past, on 14 February 2019 we prepared and published an improvement plan and status report aimed at rebuilding our internal control structure. Based on that improvement plan, we have worked to establish a structure that ensures the legality and effectiveness of operations, manage risks and comply with relevant laws and regulations. During the current fiscal year as well, we will continue implementing measures based on the above improvement plan and work to build a stronger internal control structure.」
The company continues to develop its internal control system under an improvement plan following past inappropriate accounting practices, operating an internal control strengthening committee, advance reviews with external experts, and an internal whistleblowing system. - FY2020ReframedAnnual report
「In response to the issue of improper accounting treatment in the past, on 14 February 2019 we prepared and published an improvement plan and status report aimed at rebuilding our internal control structure. Based on that improvement plan, we have worked to establish a structure that ensures the legality and effectiveness of operations, manage risks and comply with relevant laws and regulations. During the current fiscal year as well, we will continue implementing measures based on the above improvement plan and work to build a stronger internal control structure.」
While continuing group-wide compliance and risk management, the company has developed a more specific framework centered on an improvement plan following past inappropriate accounting treatment, an internal control strengthening committee and advance reviews by external experts. - FY2017RestatedAnnual report
「We have established a Compliance Control Office covering all Group companies. It works to develop the Group-wide compliance framework and identify issues. For matters requiring important decisions, it investigates and reviews compliance with laws and the Articles of Incorporation in advance, thereby ensuring that officers and employees perform their duties appropriately.」
The Group continues to maintain its compliance and risk management structure, including a group-wide Compliance Management Office, an internal whistleblowing system, reporting to management strategy meetings and the Board of Directors, and an emergency response headquarters. - FY2016First statedAnnual report
「We have established a Compliance Control Office covering all Group companies. It works to develop the Group-wide compliance framework and identify issues. For matters requiring important decisions, it investigates and reviews compliance with laws and the Articles of Incorporation in advance, thereby ensuring that officers and employees perform their duties appropriately.」
The Company describes an internal control and risk management framework that includes a whistleblower system, reporting to the Management Strategy Meeting and the Board of Directors, and an emergency response headquarters.