Ensuring Effective Audits Through Coordination Among Internal Audit, Audit & Supervisory Board Members and the Accounting Auditor
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2025.
rakumo moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
2 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「Although the internal audit personnel do not directly report to the board of directors, the representative director and standing corporate auditor, after receiving reports from the internal audit personnel, share information with the board of directors as necessary, thereby ensuring the effectiveness of internal audits.」
The Company stated that information is shared as necessary through the representative director and standing corporate auditor, rather than through direct reporting by the internal audit personnel to the board of directors, which had been explicitly stated up to the previous disclosure. - FY2024AdvancedAnnual report
「The Company's internal audits are conducted by internal audit personnel appointed by the representative director in accordance with the internal audit regulations, who are independent of the departments being audited, together with an external partner. The internal audit personnel audit each department and subsidiary based on the internal audit regulations and annual plan, and report the audit results to the representative director and the board of directors.」
The Company describes a structure under which an external partner participates in internal audits and audit results for each department and subsidiary are reported to the representative director and the board of directors. - FY2023AdvancedAnnual report
「The internal audit personnel audit each department and subsidiary based on the internal audit regulations and annual plan, and report the audit results to the representative director and the board of directors. They also report the results, identify areas for improvement and provide guidance to each department and subsidiary.」
In addition to reporting to the representative director, the Company has explicitly stated that the internal audit personnel report to the board of directors, expanding the reporting route for oversight and improvements relating to internal audits. - FY2022RestatedAnnual report
「The Company's internal audits are conducted by 2 internal audit personnel who are independent of the departments being audited and were appointed by the representative director in accordance with the internal audit regulations. The internal audit personnel audit each department and subsidiary based on the internal audit regulations and annual plan, report the audit results to the representative director, and report the results, identify areas for improvement and provide guidance to each department and subsidiary.」
The Company has reconfirmed its structure for audits based on an annual plan by 2 independent internal audit personnel, together with guidance on improvements and reporting covering subsidiaries. - FY2021First statedAnnual report
「The Company's internal audits are conducted by 2 internal audit personnel who are independent of the departments being audited and were appointed by the representative director in accordance with the internal audit regulations. The internal audit personnel audit each department and subsidiary based on the internal audit regulations and annual plan, report the audit results to the representative director, and report the results, identify areas for improvement and provide guidance to each department and subsidiary. They also maintain close coordination with the corporate auditors and accounting auditor to share information necessary for audits.」
The Company describes for the first time an audit structure comprising audits based on an annual plan by 2 independent internal audit personnel, guidance on improvements, and coordination with the corporate auditors and accounting auditor.