Strengthening oversight functions through collaboration between Internal Audit and the Audit & Supervisory Board members
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: 2026-06-02.
26 other companies' latest entry also says "Advanced".
- 2026-06-02AdvancedGeneral Meetings of Shareholders
「The Internal Audit Department independently monitors the risk management and legal compliance status of each division. The results are reported to the head of the relevant division, the director in charge and the audit & supervisory board members.」
In addition to the established cooperation between the Internal Audit Department and audit & supervisory board members, the disclosure specifically describes independent monitoring of risk management and legal compliance and the parties to whom the results are reported. - FY2024Specification of reporting lines and coordination for audit resultsAnnual report
「The results of internal audits are reported to the President, the Board of Directors, the statutory auditors and the Board of Statutory Auditors. A system is also in place under which the statutory auditors can directly instruct the Internal Audit Department on matters they deem necessary.」
In addition to coordination between the Internal Audit Department and the statutory auditors, the company now explicitly describes a system for reporting audit results to the President, the Board of Directors, the statutory auditors and the Board of Statutory Auditors. - FY2022RestatedAnnual report
「The company's internal audits are conducted by the Internal Audit Department, which reports directly to the President and has 1 employee, in coordination with the statutory auditors. The department conducts rigorous audits of each department, examining whether operations are properly conducted in accordance with internal rules, their legality, and initiatives to improve operations.」
The system under which 1 employee in the Internal Audit Department coordinates with the statutory auditors to audit each department continues. - FY2021RestatedAnnual report
「The company's internal audits are conducted by the Internal Audit Department, which reports directly to the President and has 1 employee, in coordination with the statutory auditors. The department conducts rigorous audits of each department, examining whether operations are properly conducted in accordance with internal rules, their legality, and initiatives to improve operations.」
The system under which the Internal Audit Department, reporting directly to the President and staffed by 1 employee, audits each department in coordination with the statutory auditors continues. - FY2019Change in Internal Audit Department staffingAnnual report
「The company's internal audits are conducted by the Internal Audit Department, which reports directly to the President and has 1 employee, in coordination with the statutory auditors. The department conducts rigorous audits of each department, examining whether operations are properly conducted in accordance with internal rules, their legality, and initiatives to improve operations.」
Coordination between the Internal Audit Department reporting directly to the President and the statutory auditors continues, but the department's headcount has changed from 2 employees as stated for the previous fiscal year to 1. - FY2018RestatedAnnual report
「The Internal Audit Department, which reports directly to the President and has 2 employees, conducts rigorous audits of each department in coordination with the statutory auditors, examining whether operations are properly conducted in accordance with internal rules, their legality, and initiatives to improve operations.」
The system of strengthening internal controls through coordination between the Internal Audit Department reporting directly to the President and the statutory auditors, sharing audit results, and instructions from the statutory auditors continues. - FY2017First statedAnnual report
「We are strengthening the voluntary internal control review function by conducting internal audits through the Internal Audit Department, which reports directly to the President, sharing the results with the statutory auditors, and establishing a system under which the statutory auditors can directly instruct the Internal Audit Department on matters they deem necessary.」
It describes a mechanism for strengthening internal controls through the Internal Audit Department reporting directly to the President, sharing results with the statutory auditors, and allowing the statutory auditors to issue direct instructions.