Controls Through Department-Level Risk Management and Internal Audit
First written in FY2017. 6 of 11 entries say "Advanced", first in FY2021. Latest entry: 2026-06-04.
76 other companies' latest entry also says "Advanced".
- 2026-06-04AdvancedGovernance
「Internal Audit Office」
A diagram shows the Internal Audit Office auditing and advising each department and reporting the audit results and other matters to the representative director and president, the Board of Directors and the Audit & Supervisory Board Council. - FY2026AdvancedAnnual report
「Audit results are reported to the Representative Director and President, the Board of Directors, the statutory auditors and the Board of Statutory Auditors, and the audited departments are required to make improvements and report on their implementation, which is then verified.」
The recipients of internal audit reports are expressly stated to include the statutory auditors and the Board of Statutory Auditors in addition to the Board of Directors, and the Group control framework includes requests for improvements and verification of their implementation. - 2026-05-07AdvancedGeneral Meetings of Shareholders
「We will work to improve the effectiveness of the Board of Directors, ensure that outside directors perform their functions, strengthen cooperation with the Audit & Supervisory Board and the internal audit department, and prepare for revisions to the Corporate Governance Code scheduled for 2026.」
The company specifically described policies to strengthen the Board of Directors, Audit & Supervisory Board, internal audit and compliance as part of strengthening the Group's management platform under the holding company structure. - FY2026-H1AdvancedAnnual report
「Each group company aims to autonomously pursue initiatives to realize its growth strategy under the responsibility of operating as an independent company, while working to enhance corporate value and capital efficiency.」
With the transition to a holding-company structure, the governance and management policy combining autonomous operation by Group companies with improved capital efficiency has been specified in greater detail. - FY2023RestatedAnnual report
「We manage the operations of each Group company while respecting its autonomy, and receive reports as appropriate at the Board of Directors or Risk Management Committee on information relating to each company's performance, significant business execution matters, major risks and serious violations of laws and regulations.」
The framework for monitoring the performance, major risks and violations of laws and regulations of each Group company through the Board of Directors or Risk Management Committee continues. - FY2022AdvancedAnnual report
「To ensure the proper conduct of operations across the Group, we establish and implement corporate policies and management plans applicable to the Group. We manage the operations of each Group company while respecting its autonomy, and receive reports as appropriate at the Board of Directors or Risk Management Committee on information relating to each company's performance, significant business execution matters, major risks and serious violations of laws and regulations. Our internal audit department conducts audits covering the Group's operations generally, and provides verification and advice.」
Following the acquisition of Spic International as a subsidiary, the scope of the framework has expanded so that the Board of Directors or Risk Management Committee receives reports on risks, performance and violations of laws and regulations, while the internal audit department audits the Group as a whole. - FY2021AdvancedAnnual report
「For internal audits, an internal audit department has been established, and audits of business execution are conducted by 1 dedicated employee. At headquarters, all departments are audited once each year. At stores, all stores are visited and audited each year to monitor and provide guidance to ensure proper and accurate business operations. Audit results are reported to the Representative Director and President as well as the Board of Directors, and the audited departments are required to make improvements and report on their implementation, which is then verified.」
Internal audits are specifically described as being conducted by 1 dedicated employee and covering all headquarters departments and all stores each year, with reporting to the Board of Directors and verification of improvement measures also specified. - FY2020RestatedAnnual report
「For risks related to business operations, the heads of each department are responsible for analysing and managing risk items relevant to their departments, and the status of management is reported regularly to the head of the Administration Division.」
The control framework of risk analysis and management by department heads, regular reporting to the head of the Administration Division and Board of Directors deliberation of significant matters continues. - FY2019RestatedAnnual report
「For risks related to business operations, the heads of each department are responsible for analysing and managing risk items relevant to their departments, and the status of management is reported regularly to the head of the Administration Division.」
The control framework of risk analysis and management by department heads, regular reporting to the head of the Administration Division and Board of Directors deliberation of significant matters is reiterated. - FY2018RestatedAnnual report
「For risks related to business operations, the heads of each department are responsible for analysing and managing risk items relevant to their departments, and the status of management is reported regularly to the head of the Administration Division.」
The control framework of risk analysis and management by department heads, Board of Directors deliberation of significant matters and verification through internal audits is reiterated. - FY2017First statedAnnual report
「For risks related to business operations, the heads of each department are responsible for analysing and managing risk items relevant to their departments, and the status of management is reported regularly to the head of the Administration Division.」
Risk analysis and management by department heads, regular reporting, Board of Directors deliberation of significant matters, and internal audits covering all stores and departments are described as specific control measures.