Internal Control Framework, Three-Pronged Audit, and the Use of Outside Directors and External Experts
First written in FY2016-Q3. 4 of 8 entries say "Advanced", first in FY2016. Latest entry: FY2025.
99 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We held 14 Audit and Supervisory Committee meetings, and the attendance of each Audit and Supervisory Committee member is as follows.」
Continues to disclose coordination among the Audit and Supervisory Committee, the Internal Audit Office and the accounting auditor as the three-pronged audit structure, together with the operating status of the Audit and Supervisory Committee. - FY2024AdvancedAnnual report
「We held 16 Audit and Supervisory Committee meetings, and the attendance of each Audit and Supervisory Committee member is as follows.」
Disclosed the operation of the audit framework, including 16 Audit and Supervisory Committee meetings and mutual coordination among the Internal Audit Office, the Audit and Supervisory Committee and the accounting auditor. - FY2023AdvancedAnnual report
「We held 14 Audit and Supervisory Committee meetings, and the attendance of each Audit and Supervisory Committee member is as follows.」
Disclosed the operation of the audit framework, including 14 Audit and Supervisory Committee meetings during the fiscal year and mutual coordination among the Internal Audit Office, the Audit and Supervisory Committee and the accounting auditor. - FY2021AdvancedAnnual report
「We held 15 Audit and Supervisory Committee meetings, and the attendance of each Audit and Supervisory Committee member is as follows.」
As part of operations following the change to a company with an Audit and Supervisory Committee, 15 Audit and Supervisory Committee meetings were held, and coordination with the Internal Audit Office and the accounting auditor was described. - FY2019ReframedAnnual report
「By resolution of the annual general meeting of shareholders held on 28 November 2019, we changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee.」
We changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, adopting a framework to strengthen oversight through the voting rights of directors who are Audit and Supervisory Committee members at Board of Directors meetings. - FY2017RestatedAnnual report
「We regularly conduct store audits through the Internal Audit Office and will continue working to maintain a sound store management framework. With respect to internal controls, we appoint outside directors and outside corporate auditors with extensive experience and knowledge to promote active discussion, while seeking to ensure mutual coordination and independence among the three-pronged audit structure comprising audits by corporate auditors, the accounting auditor and the internal audit function, and will continue working to maintain a sound governance framework.」
Reconfirms the internal management framework combining regular store audits, outside officers, the three-pronged audit structure and external experts. - FY2016AdvancedAnnual report
「We conduct direct audits of all stores from time to time, audit outsourced service providers as necessary, enhance mutual coordination by exchanging necessary information with corporate auditors as needed, and obtain information from the accounting auditor as needed.」
The operation of the internal management framework was described in concrete terms, including direct audits of all stores and group companies by the Internal Audit Office, outside officers and coordination among the three audit functions. - FY2016-Q3First statedAnnual report
「With respect to internal controls, we appoint outside directors and outside corporate auditors with extensive experience and knowledge to promote active discussion, while seeking to ensure mutual coordination and independence among the three-pronged audit structure comprising audits by corporate auditors, the accounting auditor and the internal audit function, and will continue working to maintain a sound governance framework.」
States that the management framework is maintained through store audits, outside officers, the three-pronged audit structure, and external experts such as tax accountants and lawyers.