Strengthening Governance through Outside Officers, Internal Controls and Compliance
First written in FY2017. 8 of 13 entries say "Advanced", first in FY2018. Latest entry: FY2026.
8 other companies' latest entry also says "Other".
- FY2026Update on the operation of the Board of Directors and internal auditAnnual report
「During the fiscal year, our Board of Directors met 14 times, and we established a 2-person Internal Audit Office as our internal audit function.」
The annual number of Board of Directors meetings and the number of people in the Internal Audit Office have been updated. The report also describes a dual-reporting structure under which internal audit results are reported to the Board of Directors and the board of corporate auditors. - FY2025AdvancedAnnual report
「Our Board of Directors consists of 6 directors, 2 of whom are outside directors.」
The report describes the operating structure consisting of a 6-member Board of Directors, including 2 outside directors, a board of corporate auditors comprising 3 outside corporate auditors, 14 Board of Directors meetings per year, and reporting of internal audit plans and results to the Board of Directors and the board of corporate auditors. - FY2023AdvancedAnnual report
「During the fiscal year, as part of efforts to promote sustainable management, the Board of Directors redefined the corporate philosophy framework and established the Company's purpose. In addition, it continuously requested reports on changes in the external environment, including recent market trends and trends in building-material prices, and their impact on the Company's business, and discussed and considered response measures.」
In addition to the existing outside officer and audit structure, the report specifically describes the Board of Directors' continued consideration of the formulation of the Company's purpose and responses to changes in the external environment, including market conditions and building-material prices. - FY2022AdvancedAnnual report
「During the fiscal year, the board of corporate auditors met 13 times, including extraordinary meetings, and the attendance of each corporate auditor was as follows.」
The board of corporate auditors met 13 times during the year, and 3 corporate auditors attended every meeting. The structure comprising 2 outside directors, 3 outside corporate auditors, and a 3-person Internal Audit Office has also been maintained. - FY2021AdvancedAnnual report
「Our Board of Directors consists of 5 directors, 2 of whom are outside directors.」
The number of outside directors increased from 1 to 2. The oversight and audit structure involving 3 outside corporate auditors, a 3-person Internal Audit Office, the Management Committee, and the Compliance Committee is also described in detail. - FY2020RestatedAnnual report
「We have established an Internal Audit Office comprising 3 people as our internal audit function. The Internal Audit Office conducts internal audits of each business division in accordance with the annual plan, from the perspectives of operational, accounting, and management audits, and performs duties related to compliance and risk management.」
The oversight and audit structure comprising 1 outside director, 3 outside corporate auditors, a 3-person Internal Audit Office, the Management Committee, and the Compliance Committee has been reconfirmed. - FY2019AdvancedAnnual report
「We have established an Internal Audit Office comprising 3 people as our internal audit function. The Internal Audit Office conducts internal audits of each business division in accordance with the annual plan, from the perspectives of operational, accounting, and management audits, and performs duties related to compliance and risk management.」
In addition to a structure comprising 1 outside director and 4 outside corporate auditors, the specific operation of the 3-person Internal Audit Office, Management Committee, Compliance Committee, and other bodies is described. - FY2018AdvancedAnnual report
「We have appointed 1 outside director. We have appointed 4 outside corporate auditors.」
In addition to a structure comprising 1 outside director and 4 outside corporate auditors, the annual report details the specific operating structure, including the Compliance Committee, a 2-person Internal Audit Office, and the board of corporate auditors. - FY2017First statedAnnual report
「We have appointed 1 outside director and 4 outside corporate auditors, accepted objective opinions from outside the Company, strengthened mutual checks on management, and will ensure fair disclosure of management information to stakeholders and its appropriateness.」
The Company demonstrates an emphasis on external oversight and appropriate information disclosure through outside officers, the board of corporate auditors, internal controls, and the Compliance Committee.