Internal Controls and Risk Management Through Coordination Among the Audit Office, Audit & Supervisory Board Members, and Audit Firm
First written in FY2017. 4 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2024.
62 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The company's internal audits are conducted by the Internal Audit Office, which consists of personnel supporting the duties of the Audit and Supervisory Committee and reports directly to it. The audits are led by the head of the Internal Audit Office and 2 staff members, with assistance from personnel in other departments as necessary.」
The company describes a process involving audits by the Internal Audit Office reporting directly to the Audit and Supervisory Committee, mutual reporting with the audit firm and Audit and Supervisory Committee members, and verification through completion of improvements. - FY2023AdvancedAnnual report
「The company provided the audited departments with guidance for improvement based on audit results, required them to report completion of the improvements, and verified completion, thereby ensuring the effectiveness of internal audits.」
The company describes a process in which the Internal Audit Office, reporting directly to the Audit and Supervisory Committee, provides guidance for improvement based on audit results, receives completion reports and verifies completion. - FY2022AdvancedAnnual report
「The company's internal audits were conducted by the Internal Audit Office, an organization reporting directly to the company's chairperson and president, and, as of the date of submission of this document, by personnel supporting the duties of the Audit and Supervisory Committee and reporting directly to that committee. The audits were led by the head of the Internal Audit Office and 2 staff members, with assistance from personnel in other departments as necessary.」
Following the transition to a company with an Audit and Supervisory Committee, the company operates an audit and internal control framework in which the Internal Audit Office reports directly to the Audit and Supervisory Committee. - FY2021AdvancedAnnual report
「The company's internal audits are conducted by the Internal Audit Office, an organization reporting directly to the president, led by the head of the Internal Audit Office and 2 staff members, with assistance from personnel in other departments as necessary. In conducting internal audits, the company reports to the audit firm and directors serving as Audit and Supervisory Committee members and maintains coordination with them.」
While continuing the Internal Audit Office's conventional audits, the company has transitioned to a reporting and coordination framework involving the directors serving as Audit and Supervisory Committee members and the audit firm. - FY2019RestatedAnnual report
「The group's internal audits are conducted by the Internal Audit Office, an organization reporting directly to the president, led by the head of the Internal Audit Office and 2 staff members, with assistance from personnel in other departments as necessary.」
The framework under which the Internal Audit Office, reporting directly to the president, conducts internal audits based on an annual plan and maintains mutual reporting and coordination with corporate auditors and the audit firm continues. - FY2017First statedAnnual report
「In conducting internal audits, the company investigates and verifies compliance with business rules and authority regulations, as well as the compliance frameworks and risk management status of each group company, based on the annual internal audit plan. Internal audits and audits by corporate auditors are conducted under the basic concept of the three-way audit system. Internal auditors and corporate auditors report to each other, while the audit firm reports on its audit methods and results, facilitating coordination among them.」
The company describes a framework in which the Internal Audit Office, reporting directly to the president, verifies the compliance framework and risk management status based on an annual plan and maintains mutual reporting and coordination with corporate auditors and the audit firm.