Strengthening Internal Management and Internal Controls to Support Business Expansion
First written in FY2016. 6 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2024.
9 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「For internal audits of the group, the company has established a Group Audit Department directly reporting to the Representative Director and President (filing company: 3 people), and conducts audits based on an annual audit plan approved by the Representative Director and President.」
The company operates a Group Audit Department directly reporting to the President with 3 people at the filing company, covering audits of stores, each department and subsidiaries, as well as the submission of improvement plans and follow-up. - FY2023AdvancedAnnual report
「For internal audits of the group, the company has established an Audit Department directly reporting to the Representative Director and President (filing company: 1 person, consolidated subsidiaries: 3 people, total: 4 people), and conducts audits based on an annual audit plan approved by the Representative Director and President.」
The company has established an Audit Department directly reporting to the President, staffed by 1 person at the filing company and 3 people at consolidated subsidiaries, for a total of 4 people. It describes a framework for auditing stores, each department and subsidiaries, and following up on improvements. - FY2022AdvancedAnnual report
「For internal audits of the group, the company has established an Audit Department directly reporting to the Representative Director and President (filing company: 1 person, consolidated subsidiaries: 2 people, total: 3 people), and conducts audits based on an annual audit plan approved by the Representative Director and President.」
The company has established an Audit Department directly reporting to the Representative Director and President, staffed by 1 person at the filing company and 2 people at consolidated subsidiaries, for a total of 3 people. It describes a framework for auditing store hygiene, sales, cash, assets and labor management, as well as the internal controls of subsidiaries. - FY2021AdvancedAnnual report
「The company's audit department conducts internal audits of each department and audits or oversees audits of group companies. It also monitors and provides guidance on the internal controls established by subsidiaries and other companies in accordance with the company, as well as the appropriateness of their operation.」
Following the transition to a holding company structure, the company describes in specific terms a framework that expands the scope of internal audits and internal controls to group companies and monitors and provides guidance on the establishment and operation of subsidiary controls. - FY2019AdvancedAnnual report
「The company identifies risk management in its multi-store chain operations, further improvements in hygiene management, and reinforcement of its compliance framework as important matters. It will conduct store inspections by area managers in the Sales Department and improve internal controls centered on headquarters. It also recognizes strengthening internal controls related to financial reporting and establishing a management control system based on amoeba management as key issues, and plans to increase staffing as necessary.」
In addition to the existing store inspections and internal control improvements, the company explicitly identifies establishing a management control system based on amoeba management as an important internal management issue. - FY2018AdvancedAnnual report
「Regarding risks of loss, we have established a Risk Management Committee composed across organizational lines, with the Administration Department serving as the department responsible for overall risk management. The committee conducts various activities to promote risk management throughout the company and share information necessary for risk management.」
In addition to the existing store inspections and internal control improvements, the company describes the establishment of a cross-functional Risk Management Committee headed by the Administration Department, as well as company-wide risk management activities. - FY2017RestatedAnnual report
「We have identified management of risks at stores in line with business expansion, further improvement of hygiene management, and strengthening the compliance system as important matters. We will improve internal controls through store visits by area managers in the sales division and initiatives centered at headquarters. We also recognize strengthening internal controls related to financial reporting as an important issue and plan to increase staffing as necessary.」
The company states that it will continue strengthening internal controls relating to store visits, hygiene management, compliance, and financial reporting. - FY2016First statedAnnual report
「We have identified management of risks at stores in line with business expansion, further improvement of hygiene management, and strengthening the compliance system as important matters. We will improve internal controls through store visits by area managers in the sales division and initiatives centered at headquarters.」
The company outlined measures to strengthen internal controls relating to store visits, hygiene management, compliance, and financial reporting in response to store expansion.