Control of Subsidiaries through Group Company Management Regulations and Internal Audits
First written in FY2017. 4 of 11 entries say "Restated". Latest entry: 2026-06-30.
Prestige International moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
128 other companies' latest entry also says "Restated".
- 2026-06-30RestatedGovernance
「Strengthening internal-control risk management」
The company reaffirmed stronger risk management for internal controls and subsidiary controls as a governance measure. - FY2026AdvancedAnnual report
「In April 2026, the company also appointed an executive officer responsible for overseas governance and strengthened its control structure for overseas subsidiaries. In addition, it expanded its internal audit structure and increased the frequency of on-site audits. By developing an understanding of local environments and relationships of trust with relevant parties while making improvement recommendations through audits, the company will contribute to strengthening governance across the Group.」
For the management of overseas subsidiaries, the company has established a dedicated department, held regular meetings, shared information, appointed an executive officer responsible for overseas governance, and increased the frequency of on-site audits. - 2026-06-03AdvancedGeneral Meetings of Shareholders
「The Internal Audit Office also conducts internal audits of the company, group companies and overseas locations to verify the appropriateness of business execution across the group.」
The company specified that internal audits cover the company, group companies and overseas locations, detailing control operations including subsidiaries and overseas sites. - FY2025AdvancedAnnual report
「Accordingly, the company established a dedicated department at headquarters for overseas operations, strengthened monitoring, and is working to understand local laws and regulations, including labor management, by holding regular meetings with headquarters, sharing information, and expanding opportunities for communication. The company will also strengthen its overall corporate governance by expanding its internal audit structure, increasing the frequency of on-site audits, developing an understanding of the local environment and relationships of trust with relevant parties, and making improvement recommendations through its audits.」
For the management of overseas subsidiaries, the company has established a dedicated department, held regular meetings, shared information, and increased the frequency of on-site audits. - FY2022AdvancedAnnual report
「With respect to the system prescribed by the Companies Act for ensuring that directors execute their duties in compliance with laws and the articles of incorporation, and other systems prescribed by Ministry of Justice ordinances as necessary to ensure the proper conduct of a stock company's business, the company adopted its basic policy at a board meeting held on 18 May 2006 and reviewed it at a board meeting held on 17 November 2021.」
The basic policy for the internal control system was reviewed in November 2021. - FY2021RestatedAnnual report
「With respect to the system prescribed by the Companies Act for ensuring that directors execute their duties in compliance with laws and the articles of incorporation, and other systems prescribed by Ministry of Justice ordinances as necessary to ensure the proper conduct of a stock company's business, the company adopted its basic policy at a board meeting held on 18 May 2006 and reviewed it at a board meeting held on 1 December 2020.」
The company has disclosed that it reviewed the basic policy for its internal control system in December 2020 amid issues in Group management following the subsidiary's erroneous claims problem. - FY2021-Q3WorsenedAnnual report
「The surcharge for fraudulent claims included in extraordinary losses represents the surcharge on the amount of benefits to be repaid to local governments following the cancellation, on 25 November 2020, of 株式会社プレミア・ケア's designation as a designated provider of services for children with disabilities under the Child Welfare Act.」
Regarding the benefit-payment issue disclosed as an issue in subsidiary management, the revocation of the subsidiary's designation and the imposition of additional charges on the repayment became clear. - FY2020WorsenedAnnual report
「The company has also identified issues in the management and oversight of Group companies and is working to strengthen its management framework.」
The company has disclosed that issues in the Group's management and oversight structure were identified following a subsidiary's erroneous claims for benefit payments. - FY2019RestatedAnnual report
「To ensure the effectiveness and appropriateness of internal controls across the Group, the company has established rules for managing affiliated companies and manages and supervises the operations of its subsidiaries and affiliated companies. The Internal Audit Office also conducts regular audits of the operations of Group companies.」
The company continues to oversee its subsidiaries through rules for managing affiliated companies and regular audits by the Internal Audit Office. - FY2018RestatedAnnual report
「To ensure the effectiveness and appropriateness of internal controls across the Group, the company has established rules for managing affiliated companies and manages and supervises the operations of its subsidiaries and affiliated companies. The Internal Audit Office also conducts regular audits of the operations of Group companies.」
The company continues to oversee its subsidiaries through rules for managing affiliated companies and regular audits by the Internal Audit Office. - FY2017First statedAnnual report
「To ensure the effectiveness and appropriateness of internal controls across the Group, the company has established rules for managing affiliated companies and manages and supervises the operations of its subsidiaries and affiliated companies. The Internal Audit Office also conducts regular audits of the operations of Group companies.」
The company has established a system for managing and supervising subsidiary and affiliated-company operations through rules for managing affiliated companies and regular audits by the Internal Audit Office.