Compliance, Risk Management and Internal Controls
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Audit & Supervisory Board Members, the Management Committee and the Board of Directors.」
The Company explicitly adds the Audit & Supervisory Board Members as recipients of reports on the results of Internal Control Committee audits and describes the reporting system to the Audit & Supervisory Board Members, Management Committee and Board of Directors. - FY2023RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors.」
The Company continues audits by the 7-member Internal Control Committee and the system for reporting to the Management Committee and Board of Directors. It also states that each department responds under the risk management rules and that significant matters are reported to the Management Committee. - FY2021RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors.」
The Company continues internal audits by the 7-member Internal Control Committee, reporting to the Management Committee and Board of Directors, and systems based on the Compliance Committee, risk management rules and other measures. - FY2020RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors.」
The Company continues internal audits by the 7-member Internal Control Committee, reporting to the Management Committee and Board of Directors, and its internal control system based on the Compliance Committee, risk management rules and other measures. - FY2019RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors.」
The Company continues internal audits by the 7-member Internal Control Committee and the system for reporting to the Management Committee and Board of Directors. - FY2018RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors. In addition, the 3 Audit & Supervisory Board Members, 2 of whom are outside Audit & Supervisory Board Members, conduct internal audits of each department based on an annual audit plan.」
The Company continues internal audits by the 7-member Internal Control Committee, reporting to the Management Committee and Board of Directors, and audits by the Audit & Supervisory Board Members based on an annual audit plan. - FY2017RestatedAnnual report
「Although the Company has not established an independent department responsible for internal audits, it has established a 7-member Internal Control Committee composed of members selected from each department to audit whether operations in each department are conducted properly and appropriately. The results of internal audits are reported to the Management Committee and the Board of Directors.」
The Company continues its internal control system, including internal audits by the Internal Control Committee, reporting to the Management Committee and Board of Directors, and compliance and risk management rules. - FY2016First statedAnnual report
「The Company has established a Compliance Committee, which, as necessary, confirms compliance within the Group with laws and regulations, the Articles of Incorporation, internal rules, corporate ethics and social ethics, identifies issues, proposes improvements, and reports to the Management Committee.」
The Company has established systems including a Compliance Committee, an internal reporting system, risk management rules, designated persons responsible for implementation and an Internal Control Committee. It also states the specific operating frequency, with the Board of Directors meeting once a month and the Management Committee twice a month.