Management under the Risk Management Regulations and by the Compliance Committee
First written in FY2016. 3 of 7 entries say "Advanced", first in FY2017. Latest entry: FY2024.
77 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「During the consolidated fiscal year, based on the prepared Internal Audit and Other Audit Plan, the Company audited the effectiveness, legality and efficiency of operations at the Company and 2 consolidated subsidiaries. It also audited whether company-wide internal controls, business processes, financial closing processes and IT controls were appropriately designed and operating effectively and appropriately.」
The scope of internal audits was expanded to the Company and 2 consolidated subsidiaries, covering audits and improvement recommendations for internal controls, business processes, financial closing processes and IT controls, together with ongoing monitoring of improvement progress. - FY2023ReframedAnnual report
「After appropriately and promptly sharing information with the Company's Representative Director and President, the Audit & Supervisory Board, and the General Manager of the Corporate Administration Division, the head of the Internal Audit Office reports to the heads of relevant departments as necessary, recommends improvements to operations, and continuously monitors the status of improvements.」
In addition to the existing Risk Management Regulations and Compliance Committee, the Company specified an operating framework covering the sharing of internal audit results, recommendations for improvement and ongoing monitoring of improvement progress. - FY2021RestatedAnnual report
「If a risk arises that has, or may have, a material impact on the Group, the Compliance Committee established by the Company, chaired by the Representative Director and President, will take prompt action.」
The Company continues to maintain a framework for management and emergency response through the Risk Management Regulations and the Compliance Committee chaired by the Representative Director and President. - FY2019AdvancedAnnual report
「(e) To prevent compliance-related risks and resolve them at an early stage, the Company will establish an internal reporting system. The system will include an internal reporting channel handled by a full-time Audit & Supervisory Board Member, together with measures to protect the confidentiality of informants and ensure that no adverse treatment is imposed on anyone for making a report.」
In addition to the existing Risk Management Regulations and Compliance Committee, the Company specified its management framework by introducing an internal reporting system, internal controls over financial reporting and internal audits of subsidiaries. - FY2018RestatedAnnual report
「The Risk Management Regulations set out provisions for risk management throughout the Group. The Company ensures that officers and employees are fully informed of risk management requirements and conducts Group-wide investigations, supervision and guidance. The Company has also established a Compliance Committee, which communicates important compliance-related decisions, identifies practical issues and examines problems.」
The Company continues to maintain a management and audit framework based on coordination among the Risk Management Regulations, the Compliance Committee, the Internal Audit Office, Audit & Supervisory Board Members and the accounting auditor. - FY2017AdvancedAnnual report
「The Risk Management Regulations set out provisions for risk management throughout the Group. The Company ensures that officers and employees are fully informed of risk management requirements and conducts Group-wide investigations, supervision and guidance. The Company has also established a Compliance Committee, which communicates important compliance-related decisions, identifies practical issues and examines problems.」
The Company has established and operates a company-wide management and audit framework encompassing coordination among the Risk Management Regulations, the Compliance Committee, the Internal Audit Office, Audit & Supervisory Board Members and the accounting auditor. - FY2016First statedAnnual report
「The Company has established Risk Management Regulations covering various business operating risks, including market, information security, environmental, labor, and service quality and safety risks. The regulations prescribe the basic risk management policy, organizational structure, management methods, emergency measures and audits. If a risk arises that has, or may have, a material impact on the Group, the Compliance Committee established by the Company, chaired by the Representative Director and President, will take prompt action.」
The Risk Management Regulations and the Compliance Committee, chaired by the President, serve as the framework for risk management and emergency response.