Restoring Trust by Strengthening Legal Compliance and Internal Controls After Misconduct
First written in FY2017-Q2. 4 of 7 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「During the fiscal year, 2 meetings were held, on 20 September 2025 and 19 March 2026.」
The Compliance Committee met 2 times during the fiscal year and continued to consider the annual plan, training, compliance audit reports and improvement measures. - FY2025RestatedAnnual report
「During the fiscal year, 3 meetings were held: 17 July 2024, 23 September 2024 (extraordinary meeting) and 19 March 2025, 1 of which was an extraordinary meeting.」
The Compliance Committee, internal audits and training by the Audit Office, the internal whistleblowing system and reporting to the Board of Directors continued to operate. The committee met 3 times during the fiscal year. - FY2020AdvancedAnnual report
「The Company's risk management framework assigns the relevant departments responsibility for risks related to compliance, the environment, disasters, quality and information security, including establishing rules and guidelines, conducting training, and preparing and distributing manuals. The Audit Office and the Administration Headquarters monitor the organization's overall risk position and coordinate cross-functional responses. For newly arising risks, the framework provides for a person responsible for the response to be designated promptly.」
In addition to the compliance framework, the Company has documented a company-wide risk management and response structure covering the environment, disasters, quality and information security, with responses handled by the relevant departments, the Audit Office and the Administration Headquarters. - FY2019AdvancedAnnual report
「In terms of operations, the Audit Office, an independent organization reporting directly to the president, conducts regular internal audits to monitor the status of compliance. The Company also provides ongoing education to officers and employees, centered on a cross-functional Compliance Committee, and regularly reports on these activities to the Board of Directors and the Audit and Supervisory Committee. In addition, the Company has established an internal whistleblowing system, operated by the Audit Office, through which employees can directly provide information on potentially unlawful conduct and other matters.」
The framework includes the Compliance Committee, the executive director overseeing the organization, division leaders, regular audits and training by the Audit Office reporting directly to the president, reporting to the Board of Directors and other bodies, and an internal whistleblowing system. - FY2018AdvancedAnnual report
「The company promotes compliance as its highest management priority. To establish a permanent specialist committee for communicating this throughout the company, it has appointed a Compliance Committee chaired by the Representative Director and President, 1 director responsible for overseeing compliance, and 1 compliance leader in each division, and is working to strengthen its compliance framework.」
The activities of the review and recurrence-prevention committees established in the previous fiscal year have been developed into a company-wide structure comprising a standing Compliance Committee, an executive director overseeing the organization and leaders of each division. - FY2017-Q3AdvancedAnnual report
「The Company takes the seriousness of this matter very seriously and, with the aim of restoring trust at an early stage and preventing such an incident from occurring again, established the Compliance Review Committee and the Recurrence Prevention Committee, which began their activities in December 2016.」
As a response to the misconduct, the Company established the Compliance Review Committee and the Recurrence Prevention Committee, which began activities in December 2016. - FY2017-Q2First statedAnnual report
「The Company takes this matter extremely seriously and will make even greater efforts to ensure rigorous compliance and strengthen its internal control system so that such an incident never occurs again, working to restore trust at an early stage.」
Following the prosecution of an employee and administrative action, the Company newly stated that it would ensure rigorous compliance and strengthen its internal control system as measures to prevent recurrence.