Strengthening Internal Controls and Risk Management
First written in FY2018. 4 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2025.
73 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「We have established a Risk and Compliance Committee headed by a full-time director. The current head is Director Tokiwa Makoto (常盤誠), and the committee consists of the head and 13 employees selected from each division, including the secretariat. The Risk and Compliance Committee generally meets at least twice a year to strengthen and promote company-wide compliance and ensure the stable and continuous development of the business. It met 7 times in the fiscal year ended January 2025 and identifies and shares compliance issues, discusses and considers responses, and conducts other awareness-raising activities within the company.」
The Risk and Compliance Committee met 7 times in the fiscal year ended January 2025 and addressed compliance and risk matters with a 13-member structure. - FY2024AdvancedAnnual report
「We have established a Risk and Compliance Committee headed by a full-time director. The current head is Director Tokiwa Makoto (常盤誠), and the committee consists of the head and 13 employees selected from each division, including the secretariat. The Risk and Compliance Committee reports the results of its discussions and reviews to the Board of Directors.」
For the Risk and Compliance Committee, the company describes a structure headed by a full-time director and consisting of 13 employees, with 6 meetings held and reports submitted to the Board of Directors in the fiscal year ended January 2024. - FY2023AdvancedAnnual report
「In addition, we established a Risk and Compliance Committee, combining the Compliance Committee and Risk Management Committee established under internal rules and headed by a full-time director. To instill awareness of legal compliance among directors and employees, we conduct regular training and education and have introduced an internal whistleblowing system that allows employees to report suspected legal violations directly to the head of compliance, audit & supervisory board members, external attorneys and others, thereby making legal compliance effective.」
The company describes an operating structure that includes the Risk and Compliance Committee, regular education and training, and an internal whistleblowing system allowing direct reports to external attorneys and others. The committee met 6 times in the fiscal year ended January 2023. - FY2019AdvancedAnnual report
「We will promote an appropriate response to the internal control reporting system under the Financial Instruments and Exchange Act. We will also continuously operate and evaluate a system that ensures effective and proper internal controls over financial reporting, thereby striving to ensure the fairness and transparency of management, establish a performance management system, and further strengthen internal controls.」
In addition to the existing development of the internal control system, the company specifies its response to, operation of, and evaluation under the internal control reporting system for financial reporting. - FY2018First statedAnnual report
「The Board of Directors has established the Basic Policy for Establishing an Internal Control System, and the Company has built a system to ensure the effectiveness and propriety of its operations.」
Describes ongoing efforts to improve and strengthen internal controls through the basic policy for establishing an internal control system, reviews of internal rules, and internal audit verification.