Strengthening Internal Administration and Internal Controls in Response to Business Expansion
First written in FY2018. 4 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2024.
9 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Under the Internal Audit Regulations established by the Company, 1 person is dedicated to internal auditing in the Internal Audit Office directly under the Representative Director.」
An Internal Audit Office directly under the Representative Director and CEO was established, and the framework was specified for audits of the entire Group by dedicated personnel and coordination with the Board of Directors, the Audit and Supervisory Committee and the accounting auditor. - FY2022RestatedAnnual report
「A dedicated internal audit function acting under the direction of the Representative Director conducts operational audits covering our entire Group and reports the audit results to the Representative Director.」
We continue to conduct internal audits covering the entire Group, report to the Representative Director, and coordinate with the Audit and Supervisory Committee and the accounting auditor. - FY2021AdvancedAnnual report
「Based on a resolution adopted at the annual general meeting of shareholders held on 30 November 2021, our Group transitioned to a company with an Audit and Supervisory Committee. We will strengthen the supervisory function of the directors, continuously promote awareness of laws, social norms and ethics, and establish and operate an appropriate management organization and framework as our corporate scale expands.」
The transition to a company with an Audit and Supervisory Committee advanced the establishment of a framework to strengthen the supervisory function of the directors. - FY2020AdvancedAnnual report
「The Corporate Division oversees management functions common to the Company and its subsidiaries. Subsidiaries submit regular reports to the responsible department and consult with it in advance on important matters. Internal audit personnel audit the subsidiaries' operations and coordinate with the Board of Corporate Auditors as necessary.」
The scope of internal management and internal controls was expanded to the corporate group, including subsidiaries, and the oversight by the corporate division and the subsidiary audit framework were specified. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The risk associated with strengthening internal management and internal controls to support business expansion was summarized as having no new developments or material changes. - FY2019AdvancedAnnual report
「As our corporate scale expands, we will establish and operate an appropriate management organization and framework.」
The company specifically disclosed its framework comprising the Board of Directors, management meetings, the Board of Corporate Auditors, 2 internal audit personnel, the Compliance Committee, a hotline and risk management regulations, demonstrating progress in establishing internal management and internal controls. - FY2018First statedAnnual report
「We recognize the need to further strengthen our internal management framework to support future business expansion. Going forward, we intend to strengthen the framework through measures including the recruitment and development of personnel.」
Internal audit, risk management, compliance and a hotline have been established. The internal audit function has 2 personnel.