Strengthening Governance Centered on Internal Control and Disclosure
First written in FY2016. 9 of 12 entries say "Advanced", first in FY2021. Latest entry: 2026-07-01.
- FY2025AdvancedAnnual report
「We established regulations governing affiliated company management and require each group subsidiary to submit regular reports on operating results, financial condition, risk management status and other important information, thereby establishing a framework to ensure the proper conduct of operations across our Group.」
Under the holding company structure, regular reporting by subsidiaries on operating results, financial condition, risk management status and other matters was made mandatory, setting out the specific operation of group management. - FY2024AdvancedAnnual report
「We changed to a holding company structure in April 2024 to further accelerate business development, further strengthen group governance and pursue higher corporate value.」
Changed to a holding company structure and outlined regular reporting by subsidiaries under the regulations governing affiliated company management, as well as the development of internal controls and internal audits across the Group. - FY2023AdvancedAnnual report
「By enhancing the activities of the internal audit department and the compliance and risk management team from a global perspective, we will promote sound group company management with thorough legal compliance, safety management and risk management.」
Expanded the scope of internal controls and internal audits from a global perspective and organized this as sound group company management, including overseas subsidiaries. - FY2022AdvancedAnnual report
「We have transferred to the Prime Market of the Tokyo Stock Exchange. Going forward, we will further enhance our governance structure in accordance with the spirit of the Corporate Governance Code.」
Transferred to the Prime Market and identified enhancing the framework in accordance with the Corporate Governance Code as a future priority. - FY2021AdvancedAnnual report
「In expanding overseas, we will focus on securing capable personnel in Japan and overseas. After fully considering ways to strengthen the governance structure of subsidiaries and risks specific to opening locations overseas, including establishing an internal control system at the same level as that of the parent company and building operations with thorough fraud prevention, we will establish a framework that complies with laws and regulations and ensures timely and accurate financial reporting.」
As overseas expansion broadened beyond the US to Russia and China, the internal controls, fraud prevention and financial reporting frameworks of subsidiaries were reorganized as prerequisites for opening locations overseas. - FY2018RestatedAnnual report
「After fully considering ways to strengthen the governance structure of our US subsidiaries and risks specific to opening locations overseas, including establishing an internal control system at the same level as that of the parent company and building operations with thorough fraud prevention, we will establish a framework that complies with laws and regulations and ensures timely and accurate financial reporting.」
Reiterated the policy of establishing systems at US subsidiaries for internal controls, fraud prevention and timely, accurate financial reporting at the same level as those of the parent company. - FY2017Rollout to US subsidiariesAnnual report
「After fully considering ways to strengthen the governance structure of our US subsidiaries and risks specific to opening locations overseas, including establishing an internal control system at the same level as that of the parent company and building operations with thorough fraud prevention, we will establish a framework that complies with laws and regulations and ensures timely and accurate financial reporting.」
The policy centered on internal controls and disclosure was explicitly applied to the governance, fraud prevention and financial reporting frameworks of US subsidiaries. - FY2016First statedAnnual report
「We believe that strengthening corporate governance is essential to our long-term stable growth and the enhancement of stakeholder interests. We have identified the establishment of an internal control system and the enhancement of the disclosure system as the two most important priorities in strengthening corporate governance.」
Internal controls and information disclosure are the two pillars of governance enhancement.