Governance Through the Risk Management Committee and Compliance Committee
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2023-Q3.
10 other companies' latest entry also says "Other".
- FY2023-Q3Policy to strengthen compliance and governance in response to inappropriate incidents in the industryAnnual report
「In light of recent social developments affecting the used-car industry as a whole, the Company will conduct its business with management focused more than ever on stakeholders, place greater emphasis on compliance, and strengthen its internal governance framework.」
Following media and other reports pointing to past incidents in the used-car industry as inappropriate, the Company specified its policy of strengthening its stakeholder-focused management, compliance awareness and internal governance framework beyond previous levels. - FY2022RestatedAnnual report
「The Company’s Compliance Committee consists of directors, executive officers, full-time Audit & Supervisory Board members, department heads, the head of the Internal Audit Office and the general affairs section manager, and meets once a month. It considers and formulates basic policies and measures for ensuring thorough compliance throughout the Group, while discussing issues and problems related to activities to strengthen the compliance framework.」
Describes the operation of monitoring the progress of risk responses by the Risk Management Committee, in addition to holding monthly Compliance Committee meetings. - FY2021AdvancedAnnual report
「The Company’s Risk Management Committee consists of directors, executive officers, full-time Audit & Supervisory Board members, department heads and the head of the Internal Audit Office, and is chaired by the president. In principle, it is held once every six months in conjunction with a management meeting. The committee identifies and analyzes risks inherent in the Group’s management and sales activities and formulates appropriate risk responses according to their significance.」
Executive officers were added to the Risk Management Committee, and the procedures from risk identification and analysis through to monitoring the progress of countermeasures were specified. - FY2020RestatedAnnual report
「The Company’s Risk Management Committee consists of directors, full-time Audit & Supervisory Board members, department heads and the head of the Internal Audit Office, and is chaired by the representative director and president. In principle, it is held once every six months in conjunction with a management meeting.」
Continues the governance and risk management framework operated by the Risk Management Committee, Compliance Committee, management meetings and internal audit function. - FY2019RestatedAnnual report
「The Company’s Risk Management Committee consists of directors, full-time Audit & Supervisory Board members, department heads and the head of the Internal Audit Office, and is chaired by the representative director and president. In principle, it is held once every six months in conjunction with a management meeting, where the committee identifies potential risks arising in each division and discusses and considers countermeasures. Decisions are fed back to the entire Company.」
Continues the governance and risk management framework operated by the Risk Management Committee, Compliance Committee, management meetings and internal audit function. - FY2018RestatedAnnual report
「The Company’s Risk Management Committee consists of directors, full-time Audit & Supervisory Board members, department heads and the head of the Internal Audit Office, and is chaired by the representative director and president. In principle, it is held once every six months in conjunction with a management meeting, where the committee identifies potential risks arising in each division and discusses and considers countermeasures. Decisions are fed back to the entire Company.」
Continues the governance and risk management framework operated by the Risk Management Committee, Compliance Committee and internal audit function. - FY2017RestatedAnnual report
「We recognize that the most important management priority is to maximize corporate value while ensuring soundness through efficient and highly transparent management. Our basic corporate governance policies are to maximize shareholder returns, build strong relationships of trust with stakeholders, including users, business partners, local communities and employees, and achieve continuous and stable growth.」
Continues the governance framework based on efficiency and transparency, corporate value, stakeholder trust and sustainable growth, through the Board of Directors, management meetings, various committees and internal audits. - FY2016First statedAnnual report
「We recognize that the most important management priority is to maximize corporate value while ensuring soundness through efficient and highly transparent management. Our basic corporate governance policies are to maximize shareholder returns, build strong relationships of trust with stakeholders, including users, business partners, local communities and employees, and achieve continuous and stable growth.」
Describes a governance framework combining the Board of Directors, management meetings, various committees and internal audits, based on efficiency and transparency, corporate value, stakeholder trust and sustainable growth.