Governance structure
Company with an Audit and Supervisory CommitteeThe Internal Audit Office was placed under the direction and instruction of the Representative Director and President and the Audit & Supervisory Committee, with a system established for audit results to be reported periodically to both. The Audit & Supervisory Committee's authority to instruct the Internal Audit Office to conduct specific investigations and other activities, the Internal Audit Office's obligation to give such instructions priority, and a direct reporting line to the Audit & Supervisory Committee were newly established. The rules providing the basis for protecting whistleblowers were changed from the Compliance Manual to the Internal Whistleblower Rules.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Compliance Committee (proportion of outside members: Not disclosed), Risk Management Committee (proportion of outside members: Not disclosed), Special Response Headquarters (proportion of outside members: Not disclosed) |
| Changes this time | The Internal Audit Office was placed under the direction and instruction of the Representative Director and President and the Audit & Supervisory Committee, with a system established for audit results to be reported periodically to both. The Audit & Supervisory Committee's authority to instruct the Internal Audit Office to conduct specific investigations and other activities, the Internal Audit Office's obligation to give such instructions priority, and a direct reporting line to the Audit & Supervisory Committee were newly established. The rules providing the basis for protecting whistleblowers were changed from the Compliance Manual to the Internal Whistleblower Rules. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To respond to changes in the external environment, including recent demands relating to corporate governance and the advancement of group management, and to strengthen the governance structure, enhance risk management, establish group-wide compliance and risk management across organizational boundaries, and improve audit effectiveness through coordination between the Audit & Supervisory Committee and the internal audit function and other relevant functions.