Coordination Among Internal Audit, Audit & Supervisory Board Members and the Accounting Auditor
First written in FY2017. 5 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2024.
18 other companies' latest entry also says "Other".
- FY2024The Audit and Supervisory Committee met 13 times, with all members in attendance.Annual report
「The Company’s audits by the Audit and Supervisory Committee are conducted by an Audit and Supervisory Committee comprising 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, based on audit policies and audit plans. The Company changed to a company with an audit and supervisory committee pursuant to a resolution of the 13th Annual Meeting of the Board of Directors held on 19 December 2019. Since the transition, the Audit and Supervisory Committee has met in principle every month, holding a total of 13 meetings during the consolidated fiscal year under review.」
The Audit and Supervisory Committee met 13 times during the year, and all 3 members, Harada Chiaki (原田 千秋), Asai Hiroo (淺井 啓雄) and Zenri Yuichi (善利 友一), attended every meeting. - FY2023AdvancedAnnual report
「The Company’s audits by the Audit and Supervisory Committee are conducted by an Audit and Supervisory Committee comprising 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, based on audit policies and audit plans.」
The Audit and Supervisory Committee met 14 times during the year, and all 3 members attended all 14 meetings. Coordination with the Representative Director, accounting auditor, and internal control and internal audit personnel was also described. - FY2022AdvancedAnnual report
「The Company’s audits by the Audit and Supervisory Committee are conducted by an Audit and Supervisory Committee comprising 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, based on audit policies and audit plans.」
The Audit and Supervisory Committee, comprising 3 members including 2 outside directors, met 13 times during the year, and all members attended all 13 meetings. Coordination with the Representative Director, accounting auditor and internal audit personnel was also described. - FY2021AdvancedAnnual report
「The Company’s audits by the Audit and Supervisory Committee are conducted by an Audit and Supervisory Committee comprising 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, based on audit policies and audit plans.」
The Audit and Supervisory Committee, comprising 3 members including 2 outside directors, met 17 times during the year, and its coordination framework with the Representative Director, accounting auditor and internal audit personnel was formalized. - FY2020AdvancedAnnual report
「The Company’s audits by the Audit and Supervisory Committee are conducted by an Audit and Supervisory Committee comprising 3 outside directors who are Audit and Supervisory Committee members, based on audit policies and audit plans.」
The description has been made more specific, moving from an explanation of coordination with internal audit personnel and the accounting auditor to an audit plan and audit policy led by an Audit and Supervisory Committee comprising 3 outside directors, together with a coordination framework involving the Representative Director, accounting auditor and internal audit personnel. - FY2019AdvancedAnnual report
「Through the Board of Directors, outside directors obtain necessary information and express their views. They also exchange information with internal audit personnel and the accounting auditor as appropriate, maintaining coordination to improve the effectiveness and efficiency of oversight and audits.」
Following the transition to a company with an audit and supervisory committee, the oversight and audit structure expressly describes information exchange and coordination among 3 outside directors, internal audit personnel and the accounting auditor. - FY2017First statedAnnual report
「The statutory auditors, internal audit personnel and accounting auditor regularly exchange views and other information, and coordinate their activities by sharing information among the three parties.」
The disclosure describes improved audit effectiveness through coordination among 2 internal audit personnel, the statutory auditors and the accounting auditor.