Operation of the Internal Control, Compliance and Risk Management Framework
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company has established a Compliance Committee chaired by the president in accordance with its Risk Management Regulations. The Committee identifies and assesses a wide range of risks, including sustainability-related risks, takes appropriate measures and works to ensure appropriate risk management.」
The company has reaffirmed the operation of its internal control and risk management systems through the Compliance Committee, Risk Management Committee, Internal Audit Office and Audit and Supervisory Committee. - FY2024-Q1AdvancedAnnual report
「In response, in addition to the internal investigation officially launched at Chamroeun Plc in December 2023, an independent external investigation in Cambodia began on 29 December 2023. From 5 January 2024, an investigation by external and independent experts in Japan, including attorneys and certified public accountants (collectively, the “experts”), was also launched. These investigations were integrated and completed on 25 March 2024 under the overall direction of independent experts in Japan.」
In response to suspicions of fictitious loans, the company conducted an internal investigation at Chamroeun Plc, an independent external investigation in Cambodia and an investigation by experts in Japan, completing the investigations on 25 March 2024. - FY2021AdvancedAnnual report
「The Company's internal audit function established an Internal Audit Office as an independent internal audit organization in December 2021 and appointed 1 internal auditor.」
The establishment of an independent Internal Audit Office and the appointment of 1 internal auditor have given concrete form to the internal management framework, including coordination with the Audit and Supervisory Committee and the accounting auditor. - FY2019AdvancedAnnual report
「Going forward, the Company will strengthen its administrative oversight functions and establish a system capable of overseeing its Cambodian subsidiaries on a cross-company basis. It will also recruit experienced local personnel in finance and accounting, human resources, legal affairs, internal audit, risk management and other administrative functions at each company to strengthen its administrative framework.」
In response to the rapid expansion of the Cambodian business and the operation of licensed businesses, the company is putting in place cross-subsidiary administrative oversight functions and recruiting local administrative personnel. - FY2017RestatedAnnual report
「To ensure the proper conduct of its operations, the Company resolved at a meeting of the Board of Directors held on 22 July 2011 to establish its Basic Policy for the Development of Internal Control Systems, and currently operates its internal control systems in accordance with that policy.」
The company has reiterated the operation of its internal control system through internal audit, the Compliance Committee, the Risk Management Committee and the Board of Corporate Auditors. - FY2016First statedAnnual report
「To ensure the proper conduct of its operations, the Company resolved at a meeting of the Board of Directors held on 22 July 2011 to establish its Basic Policy for the Development of Internal Control Systems, and currently operates its internal control systems in accordance with that policy.」
The document describes the operation of the system through the Board of Corporate Auditors, internal audit, the Compliance Committee and the Risk Management Committee.