Internal Controls through the Risk Management, Compliance and Internal Audit Committees
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2023. Latest entry: 2026-04-15.
77 other companies' latest entry also says "Advanced".
- 2026-04-15AdvancedShare Issuance and Disposal
「As measures to prevent recurrence, when carrying out similar procedures under the Companies Act in the future, we will strengthen the system for prior review by specialists such as judicial scriveners, legal advisers and audit firms and strive to ensure appropriateness from the legal, accounting and disclosure perspectives. We will also revise the information-sharing and cross-checking processes among the legal, accounting and IR departments and operate a multilayered checking system to prevent omissions in practical reviews.」
Following deficiencies in the Companies Act procedures, the company specifically outlined prior review by specialists, information sharing and cross-checking among departments, and operation of a multilayered checking system, adding details concerning the development of internal controls. - FY2024AdvancedAnnual report
「The Risk and Compliance Committee, consisting of 3 external experts—an outside director, an attorney and a certified public accountant—meets once a month. In addition to making recommendations to the Board of Directors on conflicts of interest, related-party transactions, risks associated with new businesses, management systems, internal control systems and risk management systems, it reviews various risks reported by each department and conducts ongoing monitoring.」
The company has established a specific framework in which the Risk and Compliance Committee consists of 3 external experts, meets once a month, makes recommendations to the Board of Directors and continuously monitors various risks. - FY2023AdvancedAnnual report
「At a Board of Directors meeting held on 26 December 2023, the company established an Internal Audit Office directly under the Audit and Supervisory Committee and assigned full-time internal audit staff to it, working to develop its internal audit framework.」
The company changed from a structure centred on audits by the Internal Audit Committee to one with an Internal Audit Office and full-time staff directly under the Audit and Supervisory Committee. - FY2019RestatedAnnual report
「Internal audits are conducted by the Internal Audit Committee, chaired by the Representative Director, which consists of 7 members. The chair appoints 2 members to be responsible for internal auditing, and the company conducts internal audits based on an annual plan.」
The company continues to operate internal controls through the Risk Management Committee, Compliance Committee and Internal Audit Committee. - FY2018RestatedAnnual report
「For internal auditing, the company has established an independent Internal Audit Committee directly under the Representative Director and President, staffed by 2 internal audit personnel. In close cooperation with the Audit and Supervisory Committee, it prepares an annual audit plan each year, conducts audits in sequence and takes corrective action on issues identified.」
The company continues to operate internal controls through the Internal Audit Committee, Risk Management Committee and Compliance Committee. It specifically describes 2 internal audit personnel, an annual audit plan and cooperation with the Audit and Supervisory Committee. - FY2017First statedAnnual report
「The company has established a Risk Management Committee chaired by the Representative Director and President to deliberate important matters relating to management risks and consider responses when risks materialise.」
The company has established a Risk Management Committee, Compliance Committee and Internal Audit Committee, providing a framework for risk response, compliance promotion, and the monitoring and evaluation of internal controls.