Governance structure
The Company revised its Regulations on Financial Asset Management, Detailed Rules for Crypto-Asset Transactions, Regulations on the Management of Affiliated Companies, and Regulations on Officers, and established and implemented prior approval, centralized management, reviews of market impact risk, a general prohibition on concurrent officer appointments, valuation standards, training, and internal audits relating to crypto-asset transactions by affiliated companies.
| Item | Details |
|---|---|
| Committee | Asset Utilization Committee, Risk Management Committee, Compliance Committee, and Internal Investigation Committee (percentage of external members: Not disclosed) |
| Changes this time | The Company revised its Regulations on Financial Asset Management, Detailed Rules for Crypto-Asset Transactions, Regulations on the Management of Affiliated Companies, and Regulations on Officers, and established and implemented prior approval, centralized management, reviews of market impact risk, a general prohibition on concurrent officer appointments, valuation standards, training, and internal audits relating to crypto-asset transactions by affiliated companies. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The causes that led to corrections to prior-period financial statements included the failure to apply the detailed rules for crypto-asset transactions to subsidiaries, ineffective checks and balances due to concurrent officer appointments, insufficient understanding of market characteristics, insufficient accounting verification, inadequate monitoring by internal audit, and insufficient coordination with the audit firm.