Development of the Organizational Structure, Business Processes and Internal Control Framework
First written in FY2018. 11 of 15 entries say "Advanced", first in FY2019. Latest entry: FY2026.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「On 19 March 2026, an outflow of funds resulting from fraudulent activity by an external third party occurred. An investigation by external experts found the following underlying causes: ① inadequacies in the internal control framework for payment approvals and disbursement procedures, ② insufficient resources in the accounting department, ③ inadequate internal audit functions, and ④ vulnerabilities in the cybersecurity framework.」
The special investigation found inadequacies in internal controls, accounting resources, internal audits and cybersecurity in connection with an actual outflow-of-funds incident. - FY2026-H1AdvancedAnnual report
「From the interim consolidated accounting period under review, ZUU ターゲットファンド for SA投資事業有限責任組合 has been included in the scope of consolidation. This is because the company's subsidiary is the executive partner of ZUU ターゲットファンド for SA投資事業有限責任組合 and is deemed to control it for most of the partnership's term.」
The group newly included an investment limited partnership in the scope of consolidation after determining that its subsidiary was the executive partner and controlled the partnership for most of its term, thereby expanding the scope of group management. - FY2025AdvancedAnnual report
「Our group consists of the company, 17 consolidated subsidiaries and 2 affiliated companies.」
The number of consolidated subsidiaries increased to 17, including 株式会社Xpro, 株式会社経済界, 経済界倶楽部 and several investment limited partnerships. The company has also disclosed its management framework, including group company management regulations, reporting systems and internal audits. - FY2023AdvancedAnnual report
「Our group consists of the company and 7 consolidated subsidiaries.」
Following the addition of AWZ社 as a subsidiary, the number of consolidated subsidiaries increased to 7. The company has disclosed group management through group company management regulations, reporting systems, internal audits and other measures. - FY2022AdvancedAnnual report
「As part of the framework for ensuring the proper conduct of our group's operations, we have established group company management regulations, under which the Corporate Department is responsible for managing group companies.」
The company has specifically disclosed the operation of internal and group management systems for the group, including 6 consolidated subsidiaries, covering group company management regulations, reporting systems, internal audits and reporting to the audit and supervisory committee. - FY2021AdvancedAnnual report
「As part of the framework for ensuring the proper conduct of our group's operations, we have established group company management regulations, under which the Corporate Department is responsible for managing group companies.」
The company has specifically disclosed the operation of group company management regulations, reporting systems and internal audits for managing the group, including 6 consolidated subsidiaries. - FY2021-Q3RestatedAnnual report
「During the previous consolidated fiscal year, we added a lending-based crowdfunding operator and an equity-based crowdfunding operator to our group and have been developing the necessary framework for directly operating financial services in the future. During the nine months ended the third quarter of the consolidated fiscal year under review, transactions began to close and PMI progressed smoothly. However, as costs preceded revenue due to PMI for subsidiaries, system renewals and other measures ahead of full-scale operations, net sales were ¥80.892 million (no results for the same quarter of the previous year) and the operating loss was ¥181.212 million (no results for the same quarter of the previous year).」
The group continues to develop its operating framework through PMI for its crowdfunding subsidiaries, system renewals and other measures. - FY2021-Q1AdvancedAnnual report
「As a result of advancing PMI for subsidiaries, system renewals and other measures ahead of full-scale operations during the first quarter of the consolidated fiscal year under review, net sales were ¥10.425 million (no results for the same quarter of the previous year) and the operating loss was ¥68.656 million (no results for the same quarter of the previous year).」
The company disclosed that it is actually proceeding with post-acquisition PMI and system renewal for its crowdfunding subsidiary. - FY2020AdvancedAnnual report
「The principal matters considered by the audit and supervisory committee during the fiscal year under review included audit policies and audit plans, the status of development and operation of the internal control system, and the appropriateness of the methods and results of audits by the accounting auditor. In particular, the committee focused on raising awareness and reviewing systems based on examples of misconduct at other companies, reviewing the status of compliance with the Corporate Governance Code, and confirming the development of the necessary environment with a view to post-acquisition PMI for newly acquired subsidiaries.」
Following the increase in subsidiaries, confirming the development of the necessary environment with a view to post-acquisition PMI for newly acquired subsidiaries has become a priority for the audit and supervisory committee. The scope of internal controls and group management is expanding. - FY2019AdvancedAnnual report
「Accordingly, we will strengthen our internal management framework by effectively establishing and operating internal controls. Furthermore, enhancing business transparency is extremely important for gaining the trust of users, client companies and the stock market, among others, and we will continue working to strengthen our disclosure framework, including financial reporting.」
Specific management systems, including the operation of internal controls, internal audits and the disclosure framework, have been established and are being operated. - FY2018First statedAnnual report
「Accordingly, we will establish and develop business processes and a compliance framework, thereby strengthening our internal management framework. Furthermore, enhancing business transparency is extremely important for gaining the trust of users, client companies and the stock market, among others, and we will continue working to strengthen our disclosure framework, including financial reporting.」
The group has identified the development of business processes, compliance, internal management and its disclosure framework as priorities in response to business expansion.