Strengthening Internal Controls and Corporate Governance
First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2026.
33 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As part of these efforts, on 17 September 2021, we transitioned to a company with an Audit & Supervisory Committee. By making directors who are Audit & Supervisory Committee members, responsible for auditing the execution of directors’ duties, members of the Board of Directors, we strengthened the oversight and checking functions over directors and worked to further enhance corporate governance by ensuring thorough compliance and risk management.」
The company reaffirmed its current governance structure, including the transition to a company with an Audit & Supervisory Committee and the oversight and checking functions performed by Audit & Supervisory Committee members. - FY2025RestatedAnnual report
「In November 2021, we established a nomination and compensation committee as a voluntary advisory body to the board of directors. The committee is intended to further enhance corporate governance by securing and appropriately considering the knowledge and advice of outside directors regarding the nomination and compensation of directors, thereby strengthening the fairness, transparency and independence of the decision-making process concerning nominations and compensation.」
The company has reconfirmed its current governance structure, including the transition to a company with an audit and supervisory committee, the nomination and compensation committee, and oversight and auditing by outside directors. - FY2023RestatedAnnual report
「In November 2021, we established a nomination and compensation committee as a voluntary advisory body to the board of directors. The committee is intended to further enhance corporate governance by securing and appropriately considering the knowledge and advice of outside directors regarding the nomination and compensation of directors, thereby strengthening the fairness, transparency and independence of the decision-making process concerning nominations and compensation.」
The company continues to operate its current governance structure, including the nomination and compensation committee established in November 2021 and the transition to a company with an audit and supervisory committee. - FY2022AdvancedAnnual report
「In November 2021, we established a nomination and compensation committee as a voluntary advisory body to the board of directors. The committee is intended to further enhance corporate governance by securing and appropriately considering the knowledge and advice of outside directors regarding the nomination and compensation of directors, thereby strengthening the fairness, transparency and independence of the decision-making process concerning nominations and compensation.」
In November 2021, the company established a nomination and compensation committee, adding a mechanism to enhance fairness, transparency and independence in decisions on director nominations and compensation. - FY2021AdvancedAnnual report
「As part of these efforts, on 17 September 2021, we changed from a company with a board of corporate auditors to a company with an audit and supervisory committee. By making directors who serve as audit and supervisory committee members part of the board of directors and assigning them responsibility for auditing the execution of directors’ duties, we are strengthening the monitoring and checking functions over directors and working to further enhance corporate governance by thoroughly ensuring compliance and risk management.」
On 17 September 2021, the company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, adopting a structure in which directors who serve as audit and supervisory committee members are part of the board of directors. - FY2020AdvancedAnnual report
「We have introduced an executive officer system to accelerate and improve the efficiency of management and enhance corporate governance by separating management oversight from business execution and delegating authority to the executive divisions.」
The company describes in detail the introduction of an executive officer system that separates management oversight from business execution and delegates authority to the executive divisions. - FY2019RestatedAnnual report
「To address the recent expansion of our operations, we will strengthen our internal management structure alongside the development of our organizational structure, and work to enhance and improve corporate governance.」
The company has reconfirmed its policy of strengthening its organizational structure, internal management structure and corporate governance in response to business expansion. - FY2018RestatedAnnual report
「The head of internal audit also maintains close coordination with the corporate auditors and accounting auditor, creating a system that enables the company to monitor the status of internal audits in a timely manner.」
The company has reconfirmed its internal control and governance structure based on coordination among the board of directors, outside officers, corporate auditors, internal audit and the accounting auditor. The company states that it has 2 internal audit personnel. - FY2017AdvancedAnnual report
「Internal audits are conducted by 2 internal audit personnel. Directly appointed by the representative director and president, the internal audit personnel audit the status of operations, the effectiveness and accuracy of business execution, and compliance with laws and regulations, and report the results to the representative director and president while providing specific advice and recommendations for improving operations and ensuring appropriate management.」
The company describes in detail the operation of audits by 2 internal audit personnel, reporting to the representative director and president, and advice and recommendations for improvements. - FY2016First statedAnnual report
「To address the recent expansion of our operations, we will strengthen our internal management structure alongside the development of our organizational structure, and work to enhance and improve corporate governance.」
The company identifies strengthening its internal management structure and governance in response to business expansion as a key issue.