Strengthening the Internal Control and Risk Management Framework
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2023.
69 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Our Group has established Risk Management Regulations covering the identification, assessment and management of risks. When promoting sustainability management or when various risks relating to management are identified, the Management Meeting, held once a month, confirms and discusses short-, medium- and long-term issues as well as potential risks. Matters deemed to require action are discussed by the Board of Directors, and business activities are conducted accordingly.」
The Company has established an operating process under the Risk Management Regulations whereby short-, medium- and long-term issues and potential risks are reviewed once a month at the Management Meeting, with necessary matters discussed by the Board of Directors. - FY2019RestatedAnnual report
「We ensure the appropriateness of the risk management system by verifying the appropriateness and effectiveness of the Group-wide internal control system and the internal management systems of each Group company and promoting improvements to them.」
The Group continues to verify and improve Group-wide internal control and risk management through the Internal Control Committee and other bodies. - FY2016First statedAnnual report
「The Company has established an Internal Control Committee consisting of 3 members and chaired by the president. In addition to regularly checking internal control and risk management by identifying, analyzing and evaluating potential risks inherent in management, the Company is strengthening and promoting compliance-oriented management.」
The establishment of a 3-member Internal Control Committee chaired by the president, with a system for identifying, analyzing and evaluating potential risks and conducting regular checks, was described in detail for the first time.