Emphasis on Compliance and Establishment of Corporate Governance
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
65 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「From January 2025, the existing compliance committee structure will be strengthened and changed to a new structure chaired by the Chief Compliance Officer (CCO), to strengthen the governance framework. Training will also continue to be provided to all officers and employees to promote a compliance culture and improve awareness of legal and regulatory compliance.」
The previous policy emphasizing compliance was made more concrete from January 2025 through a structure chaired by the CCO, training for all officers and employees, an internal whistleblowing hotline, and disciplinary action and monitoring in the event of violations. - 2026-06-04AdvancedGeneral Meetings of Shareholders
「In January 2025, we strengthened the framework of the former Compliance Committee, transitioned to a new structure chaired by the Chief Compliance Officer (CCO), and worked to strengthen our governance framework.」
The focus on compliance was described through specific measures, including the transition to a structure chaired by the CCO, training and internal whistleblowing channels. - FY2023RestatedAnnual report
「The Company establishes compliance regulations as a code of conduct requiring directors and employees to act in compliance with laws and regulations, the articles of incorporation and company rules.」
The policy of ensuring strict compliance with laws and regulations through compliance regulations, responsible officers, training and the Crisis Management Committee was reaffirmed. - FY2022RestatedAnnual report
「The Company establishes compliance regulations as a code of conduct requiring directors and employees to act in compliance with laws and regulations, the articles of incorporation and company rules.」
The policy of ensuring strict compliance with laws and regulations through compliance regulations, a compliance officer in the Legal Department and training was reaffirmed. - FY2021-Q3WorsenedAnnual report
「In this matter, because of the special relationship between the Company’s management at the time and the Company’s founder, the compliance awareness of the management at the time was distorted with respect to related-party transactions between the Company and Hiramatsu Institute or its related parties, resulting in deficiencies whereby controls by the Board of Directors and the governance committee did not function adequately.」
The Company stated that, despite its previously stated emphasis on compliance and governance, management’s compliance awareness became distorted in connection with related-party transactions, and controls by the Board of Directors and the governance committee did not function adequately. - FY2019RestatedAnnual report
「We believe that emphasizing compliance in management and establishing corporate governance to put it into practice are important. We are pursuing initiatives to maximize corporate value while ensuring management transparency and soundness and a framework for prompt and appropriate decision-making.」
A policy emphasizing compliance, transparency and soundness, and prompt decision-making continued to be presented. - FY2018RestatedAnnual report
「We believe that emphasizing compliance in management and establishing corporate governance to put it into practice are important. We are pursuing initiatives to maximize corporate value while ensuring management transparency and soundness and a framework for prompt and appropriate decision-making.」
A governance policy emphasizing compliance, transparency and soundness, and prompt decision-making continued to be presented for the full year. - FY2017First statedAnnual report
「We are pursuing initiatives to maximize corporate value by emphasizing compliance in management and establishing corporate governance to put this into practice and expand corporate value over the medium to long term. By appropriately fulfilling our accountability to all stakeholders, we will enhance management transparency and soundness while ensuring a framework for prompt and appropriate decision-making.」
The establishment of governance through compliance, accountability, transparency and soundness, and prompt decision-making was described separately as a management policy.