Strengthening Internal Control Systems in Line with Business Expansion
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
46 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition to internal directors and internal corporate auditors, an external attorney participates in the Risk and Compliance Management Committee, creating a framework for appropriate management and oversight with the benefit of supervisory advice.」
The participation of an external attorney in the Risk and Compliance Management Committee is specified, providing greater detail on the internal control and risk management framework. - FY2025AdvancedAnnual report
「The Risk and Compliance Management Committee was established to address various compliance and risk matters in accordance with the Risk and Compliance Regulations and to ensure sound management. The committee is chaired by the Representative Director and President, who appoints committee members from among the Group's officers, department heads and others. In principle, the committee meets once every quarter.」
The purpose, composition of the chair and members, and quarterly meetings of the Risk and Compliance Management Committee are described in specific terms. - FY2024Changes to the internal control structure and the establishment of a Risk and Compliance Management CommitteeAnnual report
「We have established an Internal Audit Office (1 person) reporting directly to the Representative Director and President, and conduct internal audits covering all departments based on the internal audit plan.」
The previous disclosure stated that the Internal Audit Office had 3 people, whereas this disclosure states that it has 1. It also specifies that a Risk and Compliance Management Committee has been established under the Board of Directors to manage risk across the Company. - FY2023AdvancedAnnual report
「We have established an Internal Audit Office (3 people) reporting directly to the Representative Director and President, and conduct internal audits covering all departments based on the internal audit plan.」
The internal control framework includes an Internal Audit Office reporting directly to the Representative Director and President with a staff of 3, conducting company-wide audits and following up on the status of improvements. - FY2021First statedAnnual report
「To this end, we will expand the staffing of administrative divisions in line with business expansion and enhance training for all employees on legal compliance and risk management.」
The expansion of administrative divisions and training for all employees are identified as means of strengthening internal controls.