Internal Control through the Risk Management Committee and Internal Audit
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2025.
61 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Risk Management Committee will establish subcommittees for each risk category of the Group. The subcommittees will work to avoid, reduce, and optimise risks and will regularly report the status of risk management to the Risk Management Committee. If a management crisis specified in the Management Crisis Management Regulations occurs, a crisis management task force headed by the Representative Director and President will be established to respond to it.」
In addition to the existing committee structure including the CRO, outside directors, and the retained attorney, the procedures for establishing risk-category subcommittees and a crisis management task force were specified in greater detail. - FY2022RestatedAnnual report
「The Company will establish a Risk Management Committee comprising a director serving as Chief Risk Officer (CRO), outside directors, and the retained attorney, and will work to develop a company-wide compliance framework and identify compliance issues.」
The company-wide internal control and risk management framework operated by the Risk Management Committee, including the CRO, outside directors, and the retained attorney, was reconfirmed. - FY2020RestatedAnnual report
「ⅱ The director appointed by the Representative Director and President will serve as Chief Risk Officer (also chair of the Risk Management Committee), and the Risk Management Committee will include outside directors and the retained attorney as members.」
The continuing disclosure covered company-wide internal controls and risk management through the Risk Management Committee chaired by the CRO and including outside directors and the retained attorney. - FY2019RestatedAnnual report
「The Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor exchange information as necessary, including to confirm the status and results of audits, and seek to improve audit effectiveness through mutual cooperation. In addition, the Group works to strengthen internal controls by holding meetings of the Risk Management Committee, whose chair is the director in charge, who also serves as Chief Risk Officer (CRO).」
The cooperation among the Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor, together with the strengthening of internal controls through the Risk Management Committee headed by the CRO, was reconfirmed. - FY2018RestatedAnnual report
「Under the Company’s internal control system, 1 member of the Internal Audit Office conducts internal audits of the appropriateness and effectiveness of business activities and compliance with internal rules and regulations, thereby working to improve operations and develop and strengthen internal controls. The Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor exchange information as necessary, including to confirm the status and results of audits, and seek to improve audit effectiveness through mutual cooperation. In addition, the Company works to strengthen internal controls by holding meetings of the Risk Management Committee, whose chair is the director in charge, who also serves as Chief Risk Officer (CRO).」
The cooperation among the Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor, together with the strengthening of internal controls through the Risk Management Committee headed by the CRO, was reconfirmed. - FY2017First statedAnnual report
「The Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor exchange information as necessary, including to confirm the status and results of audits, and seek to improve audit effectiveness through mutual cooperation. In addition, the Group works to strengthen internal controls by holding meetings of the Risk Management Committee, whose chair is the director in charge, who also serves as Chief Risk Officer (CRO).」
Cooperation among the Internal Audit Office, the Audit & Supervisory Board, and the accounting auditor, together with meetings of the Risk Management Committee headed by the CRO, was disclosed as a means of strengthening internal controls.