Mutual Checks and Coordination among the Board of Directors, the Board of Corporate Auditors and Internal Audit
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 3 of 24 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Board of Directors consists of 8 members: directors Abe Yukihiro (阿部幸広), Kimura Junichi (木村純一), Akabane Hideyuki (赤羽秀行) and Uemura Takuya (上村卓也), and outside directors En Kazushi (榎和志), Saito Satoshi (斎藤聡), Yoshimatsu Kokoro (吉松こころ) and Goto Nobuhide (後藤信秀). In addition, 3 company auditors, Omori Shigenobu (大森茂延), Koshimizu Hideyuki (輿水英行) and Takatsuka Naoko (髙塚直子), all of whom are outside company auditors, attend Board meetings and supervise the execution of the directors’ duties.」
Maintains a supervisory and audit structure comprising 8 directors, 4 outside directors and 3 outside company auditors. It also describes coordination among internal audit personnel, company auditors and the accounting auditor. - FY2023AdvancedAnnual report
「The Board of Directors consists of 8 members: directors Abe Yukihiro (阿部幸広), Kimura Junichi (木村純一), Akabane Hideyuki (赤羽秀行) and Uemura Takuya (上村卓也), and outside directors En Kazushi (榎和志), Saito Satoshi (斎藤聡), Yoshimatsu Kokoro (吉松こころ) and Goto Nobuhide (後藤信秀). In addition, 3 company auditors, Omori Shigenobu (大森茂延), Koshimizu Hideyuki (輿水英行) and Takatsuka Naoko (髙塚直子), all of whom are outside company auditors, attend Board meetings and supervise the execution of the directors’ duties.」
Discloses a supervisory and audit structure following an increase in the Board of Directors from 7 to 8 members, comprising 4 outside directors and 3 outside company auditors. - FY2022AdvancedAnnual report
「The Board of Directors consists of 7 members: directors Abe Yukihiro (阿部幸広), Suzuki Hidenaga (鈴木秀長) and Akabane Hideyuki (赤羽秀行), and outside directors En Kazushi (榎和志), Saito Satoshi (斎藤聡), Yoshimatsu Kokoro (吉松こころ) and Goto Nobuhide (後藤信秀). In addition, 3 company auditors, Omori Shigenobu (大森茂延), Koshimizu Hideyuki (輿水英行) and Takatsuka Naoko (髙塚直子), all of whom are outside company auditors, attend Board meetings and supervise the execution of the directors’ duties.」
Discloses a governance structure in which 4 of the 7 directors are outside directors and all 3 company auditors are outside company auditors. - FY2020AdvancedAnnual report
「The Board of Directors consists of 7 directors, including 3 outside directors. In addition, 3 company auditors, all of whom are outside company auditors, attend Board meetings and supervise the execution of the directors’ duties.」
Discloses a structure in which 3 of the 7 directors are outside directors and all 3 company auditors are outside company auditors. It also specifies coordination among the monthly Board of Directors meetings, the Board of Company Auditors, internal audit and the accounting auditor. - FY2018RestatedAnnual report
「At the regular Board of Directors meetings held once a month, the Company deliberates and decides on matters prescribed by laws and regulations and the Articles of Incorporation, as well as important management matters, and reviews and confirms the progress of each business and the execution of operations.」
Reconfirms the oversight system through information exchanges and mutual checks among the monthly Board of Directors meetings, the Board of Company Auditors and internal audit personnel. - FY2017RestatedAnnual report
「At the regular Board of Directors meetings held once a month, the Company deliberates and decides on matters prescribed by laws and regulations and the Articles of Incorporation, as well as important management matters, and reviews and confirms the progress of each business and the execution of operations.」
Reconfirms the system of mutual checks through monthly Board of Directors meetings, the Board of Company Auditors and mutual internal audits, and also describes information exchanges among internal audit personnel, the Board of Company Auditors and the accounting auditor. - FY2016First statedAnnual report
「At the regular Board of Directors meetings held once a month, the Company deliberates and decides on matters prescribed by laws and regulations and the Articles of Incorporation, as well as important management matters, and reviews and confirms the progress of each business and the execution of operations. In addition, internal audit personnel audit the operations of the departments to which the other personnel belong, establishing a system of mutual checks.」
Describes a governance structure combining monthly Board of Directors meetings, oversight by company auditors, and mutual internal audits between the Sales and Administration Departments.