Monthly Internal Control Monitoring by the Internal Audit Office
First written in FY2017. 2 of 4 entries say "Advanced", first in FY2019. Latest entry: FY2022.
49 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「An internal audit reporting meeting is held once a month to report the status of internal audits to the president and discuss measures as necessary. Audit and Supervisory Committee members also participate in the meeting to understand the status of audits of the business execution divisions.」
The company continues to conduct monthly internal audit reporting meetings, report to the president, and monitor internal controls with the participation of Audit and Supervisory Committee members. - FY2021AdvancedAnnual report
「An internal audit reporting meeting is held once a month to report the status of internal audits to the president and vice president and discuss measures as necessary. Audit and Supervisory Committee members also participate in the meeting to understand the status of audits of the business execution divisions.」
The monthly internal audit reporting process has been detailed to include reporting to the vice president in addition to the president, and participation by Audit and Supervisory Committee members to understand the status of audits. - FY2019AdvancedAnnual report
「An Internal Audit Office, headed by 1 director, has been established. Based on its internal audit plan, the Internal Audit Office conducts internal audits covering all areas of operations in close coordination with the Audit and Supervisory Committee members and the accounting auditor. The audit results are reported in writing to the president and relevant directors at an internal audit reporting meeting. Follow-up audits are conducted for audited departments on matters requiring improvement to ensure the effectiveness of internal audits.」
The company describes the Internal Audit Office structure, coordination with the Audit and Supervisory Committee members and accounting auditor, reporting to the president and other officers, and follow-up audits of matters requiring improvement. - FY2017First statedAnnual report
「The Internal Audit Office monitors the operation of the internal control systems at the Company and its subsidiaries to determine whether there are any significant deficiencies requiring disclosure, and conducts a final evaluation of the operation of the internal control systems each fiscal year. The office also holds an internal audit reporting meeting once a month, reports the status of internal audits to the president, and discusses measures as necessary.」
The Internal Audit Office monitors the operation of internal controls across the Group and reports to the president at a monthly reporting meeting.