Internal Controls, Risk Management, and Audit Collaboration
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 3 of 24 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We have also established the Nomination and Compensation Committee, the Risk Management Committee and the Information Security Committee as voluntary bodies, and have adopted an executive officer system.」
The internal control and risk management framework involving the Audit & Supervisory Committee, internal audits, the accounting auditor, various committees, the internal whistleblowing system and BCP is reaffirmed. - FY2023AdvancedAnnual report
「We have adopted the Audit & Supervisory Committee system and established the Board of Directors, the Audit & Supervisory Committee and the accounting auditor as the principal bodies of our corporate governance structure. We have also established the Nomination and Compensation Committee, the Risk Management Committee and the Information Security Committee as voluntary bodies, and have adopted an executive officer system.」
In addition to the existing Audit & Supervisory Committee, internal audits, accounting auditor, Nomination and Compensation Committee and Risk Management Committee, the Information Security Committee is now explicitly identified, expanding the internal control and risk management framework. - FY2022RestatedAnnual report
「We have adopted the Audit & Supervisory Committee system and established the Board of Directors, the Audit & Supervisory Committee and the accounting auditor as the principal bodies of our corporate governance structure. We have also established the Nomination and Compensation Committee and the Risk Management Committee as voluntary bodies, and have adopted an executive officer system.」
The internal control and risk management framework combining the Audit & Supervisory Committee, internal audits, the accounting auditor, the Risk Management Committee, the internal whistleblowing system and BCP is reiterated. - FY2020First statedAnnual report
「Our audit framework is based on three components: audit by the Audit & Supervisory Committee, internal audits, and financial statement audits by the accounting auditor.」
The three-way cooperation among the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor, together with the Risk Management Committee, BCP and the internal whistleblowing system, is described as the foundation of internal control.