Group Management through Internal Audits and Subsidiary Monitoring
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2023.
42 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「The Audit Department conducts regular internal audits of all operations in accordance with the Internal Audit Rules and reports the results to the representative director and president and the full-time audit & supervisory board member. Subsidiaries report regularly and as appropriate to the Company on their financial position, operating status and other material matters concerning the execution of their operations. …The Audit Department subjects subsidiaries to regular internal audits and reports the results to the representative director and president and the full-time audit & supervisory board member, while establishing and operating a dual reporting line under which it also reports directly to the Board of Directors and the Audit & Supervisory Board as appropriate.」
Explicitly established a dual reporting line under which subsidiary monitoring and internal audits are also reported directly to the Board of Directors and the Audit & Supervisory Board. - FY2021RestatedAnnual report
「Under the Rules for Management of Affiliated Companies, subsidiaries report regularly and as appropriate to the Company on their financial position, operating status and other material matters concerning the execution of their operations. The Company also dispatches officers and employees to subsidiaries as directors, audit & supervisory board members and other officers, and manages and supervises them to ensure that they conduct their operations appropriately and efficiently. The Corporate Strategy Department monitors subsidiaries in accordance with the Rules for Management of Affiliated Companies. The Audit Department subjects subsidiaries to regular internal audits and reports the results to the representative director and president and the full-time audit & supervisory board member.」
Continues group management through the dispatch of officers and employees to subsidiaries, monitoring by the Corporate Strategy Department and regular internal audits. - FY2019RestatedAnnual report
「The Company dispatches officers and employees to subsidiaries as directors, audit & supervisory board members and other officers, and monitors and supervises them to ensure that subsidiaries conduct their operations appropriately and efficiently. The Corporate Strategy Department monitors subsidiaries in accordance with the Rules for Management of Affiliated Companies. The Audit Department subjects subsidiaries to regular internal audits and reports the results to the representative director and president and the full-time audit & supervisory board member.」
Continues group management through the dispatch of officers and employees, monitoring by the Corporate Strategy Department and regular internal audits of subsidiaries. - FY2018RestatedAnnual report
「The Audit Department subjects subsidiaries to regular internal audits and reports the results to the representative director and president and the full-time audit & supervisory board member.」
Continues to manage subsidiaries through the dispatch of officers and employees, a common accounting information system, monitoring by the Corporate Strategy Department and regular internal audits. - FY2017First statedAnnual report
「The Company dispatches its officers and employees to subsidiaries as directors, audit & supervisory board members and other officers, and monitors and supervises them to ensure that subsidiaries conduct their operations appropriately and efficiently. The Audit Department also subjects subsidiaries to regular internal audits and reports the results to the representative director and president and the full-time audit & supervisory board member.」
Manages subsidiaries through the dispatch of officers and employees, a common accounting information system, monitoring by the Corporate Strategy Department and regular internal audits by the Audit Department.