Strengthening Internal Controls, Compliance and Risk Management
First written in FY2018. 4 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2025.
77 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Corporate Planning Department and the Legal and Risk Management Department coordinate with each business division, continually collect information and share it with the Risk and Compliance Committee, thereby working to identify and prevent risks at an early stage.」
Specific procedures were described for collecting and sharing information on risk management between the Corporate Planning Department, the Legal and Risk Management Department and each business division through the Risk and Compliance Committee. - FY2024AdvancedAnnual report
「The Risk and Compliance Committee and Sustainability Committee are chaired by the Representative Director, President, Executive Officer and CEO, and monitor company-wide risks and countermeasures. The Risk and Compliance Committee oversees risk management generally and reports the status to the Board of Directors.」
The role of the Risk and Compliance Committee in company-wide risk management and reporting to the Board of Directors was described in specific terms. - FY2023AdvancedAnnual report
「The Company has established the following bodies for business execution and governance. "Business Management Meeting": Members: executive officers, including full-time directors; business heads for each business and subsidiary; and full-time outside corporate auditors. Purpose: to report on progress against management plans, share strategies and discuss the Group's business strategy. "Investment Management Meeting": Members: executive officers, including full-time directors; prospective business heads for the investment business; and full-time outside corporate auditors. Purpose: to share reports on the results of due diligence and valuation relating to M&A transactions and other matters, and make investment decisions.」
The operation of the Business Management Meeting, which handles progress on business plans and strategy sharing, and the Investment Management Meeting, which handles M&A due diligence, valuation and investment decisions, was described in specific terms. - FY2022RestatedAnnual report
「The Company has established the Basic Policy for Establishing an Internal Control System by resolution of the Board of Directors to ensure the proper conduct of operations. In accordance with this policy, the Company is developing and establishing a framework centred on the Internal Audit Office and corporate auditors to ensure the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets.」
The policy of developing a control framework centred on the Basic Policy for Internal Controls, the Internal Audit Office and corporate auditors remains in place. - FY2020RestatedAnnual report
「The Company has established the Basic Policy for Establishing an Internal Control System by resolution of the Board of Directors to ensure the proper conduct of operations. In accordance with this policy, the Company is developing and establishing a framework centred on the Internal Audit Office and corporate auditors to ensure the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets.」
The policy of developing a control framework centred on the Basic Policy for Internal Controls, the Internal Audit Office and corporate auditors remains in place. - FY2019AdvancedAnnual report
「The Company has established a Compliance Committee and a Harassment Prevention Committee, comprising executive directors and outside corporate auditors, to raise compliance awareness among employees, monitor violations of laws and regulations, and prevent harassment.」
In addition to existing internal control regulations and internal audits, the establishment and operation of the Compliance Committee and Harassment Prevention Committee, including training, were described in specific terms. - FY2018First statedAnnual report
「The Company has established the Basic Policy for Establishing an Internal Control System through a resolution of the Board of Directors to ensure the proper conduct of operations. To implement this policy, the Company regularly reviews regulations related to internal controls, including the Regulations on Delegation of Authority and the Internal Whistleblowing Regulations, and seeks to establish an internal control system centred on the personnel responsible for internal audits and the corporate auditors.」
Measures were set out to establish and review the internal control system through the Regulations on Delegation of Authority, Internal Whistleblowing Regulations, internal audits and audits by corporate auditors.