Oversight Framework through Coordination among Outside Officers, Audit & Supervisory Board Members and Internal Audit
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 3 of 24 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company’s accounting auditor changed as follows. Fiscal year 62 (consolidated and non-consolidated): EY ShinNihon LLC Fiscal year 63 (consolidated and non-consolidated): Taiyo Audit Corporation」
The accounting auditor changed from EY ShinNihon LLC to Taiyo Audit Corporation, taking into account the number of consecutive years of service and the need for new perspectives, expertise, independence and a quality control structure. - FY2023RestatedAnnual report
「The Company believes that coordinating the appointment of outside directors, establishment of the Audit & Supervisory Committee, audits of the activities of each division by the Internal Audit Office, and financial audits by the accounting auditor contributes to maintaining and enhancing the corporate governance structure.」
The Company continues to maintain an oversight and audit structure based on coordination among outside directors, the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor. - FY2022AdvancedAnnual report
「In addition, to further strengthen the corporate governance structure, the Company established a Nomination and Compensation Committee on 30 March 2022.」
As a measure to strengthen corporate governance, the Company established a Nomination and Compensation Committee on 30 March 2022. - FY2021RestatedAnnual report
「The Company believes that coordinating the appointment of outside directors, establishment of the Audit & Supervisory Committee, audits of the activities of each division by the Internal Audit Office, and financial audits by the accounting auditor contributes to maintaining and enhancing the corporate governance structure.」
The Company continues to maintain an oversight and audit structure based on coordination among outside directors, the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor. - FY2019AdvancedAnnual report
「At the annual general meeting of shareholders held on 26 June 2019, a resolution was passed to amend the Articles of Incorporation to transition to a company with an Audit & Supervisory Committee. Accordingly, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee, effective the same date.」
The Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee, and is strengthening the Board of Directors’ oversight function while promoting coordination among outside directors, the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor. - FY2018RestatedAnnual report
「In addition to audits by the statutory auditors, the company ensures the proper execution of duties by coordinating the appointment of outside directors with the Board of Statutory Auditors, audits of the activities of each division by the Internal Audit Department, and financial statement audits by the accounting auditor.」
The company continues to maintain an oversight and audit structure in which the outside directors, Board of Statutory Auditors, Internal Audit Department and accounting auditor coordinate with one another. - FY2017First statedAnnual report
「In addition to audits by the statutory auditors, the company ensures the proper execution of duties by coordinating the appointment of outside directors with the Board of Statutory Auditors, audits of the activities of each division by the Internal Audit Department, and financial statement audits by the accounting auditor.」
The company specifically describes an oversight and audit structure in which the outside directors, Board of Statutory Auditors, Internal Audit Department and accounting auditor coordinate with one another.