Management Oversight Framework by the Internal Audit Office, Corporate Auditors and Outside Officers
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2026.
26 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Internal audits are conducted by the Internal Audit Office, a 3-person dedicated unit reporting directly to the representative director. To ensure the effectiveness of internal audits, the Internal Audit Office audits the development and operation of internal controls and the effectiveness and efficiency of business execution in business execution departments, including at subsidiaries, and reports the results not only to the representative director but also to the Board of Directors, audit & supervisory board members and the Audit & Supervisory Board.」
The number of dedicated Internal Audit Office staff members increased from 2 to 3, and the Company continued to report audit results covering subsidiaries not only to the Representative Director but also to the Board of Directors, Audit & Supervisory Board Members and the Audit & Supervisory Board. - FY2024AdvancedAnnual report
「Internal audits are conducted by the Internal Audit Office, a 2-person dedicated unit reporting directly to the representative director. To ensure the effectiveness of internal audits, the Internal Audit Office audits the development and operation of internal controls and the effectiveness and efficiency of business execution in business execution departments, including at subsidiaries, and reports the results not only to the representative director but also to the Board of Directors, audit & supervisory board members and the Audit & Supervisory Board.」
The Company explicitly identified the reporting recipients for audit results from the 2 dedicated Internal Audit Office staff members, including the Board of Directors, Audit & Supervisory Board Members and the Audit & Supervisory Board, in addition to the Representative Director. - FY2022RestatedAnnual report
「Internal audits are conducted by the Internal Audit Office, an organization directly reporting to the representative director and staffed by 2 dedicated employees. The office audits the status of the development and operation of internal controls and the effectiveness and efficiency of business execution departments, including subsidiaries, and reports the results to the representative director and the Audit & Supervisory Board.」
The Company continued to conduct audits covering subsidiaries through 2 dedicated Internal Audit Office staff members and maintained the reporting structure to the Representative Director and the Audit & Supervisory Board. - FY2020RestatedAnnual report
「Internal audits are conducted by the Internal Audit Office, an organization directly reporting to the representative director and staffed by 2 dedicated employees. The office audits the status of the development and operation of internal controls and the effectiveness and efficiency of business execution departments, including subsidiaries, and reports the results to the representative director and the Audit & Supervisory Board.」
The Company continued to conduct audits covering subsidiaries through 2 dedicated Internal Audit Office staff members and maintained the reporting structure to the Representative Director and the Audit & Supervisory Board. - FY2019RestatedAnnual report
「Internal audits are conducted by the Internal Audit Office, an organization directly reporting to the representative director and staffed by 2 dedicated employees. The office audits the status of the development and operation of internal controls and the effectiveness and efficiency of business execution departments, including subsidiaries, and reports the results to the representative director and the Audit & Supervisory Board.」
The Company continued to conduct internal control and operational audits covering subsidiaries through 2 dedicated Internal Audit Office staff members and maintained the reporting structure to the Representative Director and the Audit & Supervisory Board. - FY2018RestatedAnnual report
「Internal audits are conducted by the Internal Audit Office, an organization directly reporting to the representative director and staffed by 2 dedicated employees. The office audits the status of the development and operation of internal controls and the effectiveness and efficiency of business execution departments, including subsidiaries, and reports the results to the representative director and the Audit & Supervisory Board.」
The Company reconfirmed the Internal Audit Office’s audits covering subsidiaries and its reporting structure to the Representative Director and the Audit & Supervisory Board. - FY2017First statedAnnual report
「Internal audits are conducted by the Internal Audit Office, an organization directly reporting to the representative director and staffed by 2 dedicated employees. The office audits the status of the development and operation of internal controls and the effectiveness and efficiency of business execution departments, including subsidiaries, and reports the results to the representative director and the Audit & Supervisory Board.」
The Company first disclosed, as an independent initiative, the Internal Audit Office’s internal control and operational audits covering subsidiaries, together with its reporting structure to the Representative Director and the Audit & Supervisory Board. The Audit & Supervisory Board consists of 1 full-time Audit & Supervisory Board Member and 3 Outside Audit & Supervisory Board Members.