Thorough Group-wide Compliance and Internal Control
First written in FY2016. 5 of 10 entries say "Advanced", first in FY2023. Latest entry: 2026-05-20.
83 other companies' latest entry also says "Advanced".
- FY2025MitigatedAnnual report
「In addition, as measures to prevent a recurrence of the inappropriate accounting discovered last year, we have implemented compliance and risk management training and an internal control questionnaire, strengthened the internal whistleblowing system and taken other measures. Going forward, we will continue implementing these measures and work to embed them throughout the company.」
Following the discovery of the inappropriate accounting, the company implemented compliance and risk management training, an internal control questionnaire and measures to strengthen the internal whistleblowing system, and is now working to embed them. - FY2024WorsenedAnnual report
「The causes included strong pressure within the group to return to profitability, inadequate development and operation of internal rules for inventory management, and the failure of meetings and internal audit monitoring to function, meaning that the issues went undetected for an extended period.」
The investigation into the overstatement of inventories identified problems with inventory management, governance meetings and internal audit monitoring as causes. - FY2024-Q3AdvancedAnnual report
「To strengthen its corporate foundation and further solidify the trust of customers, shareholders, investors and all other stakeholders in its ESG management, the company newly established a Corporate Governance Department. It will allocate resources to priority areas, including strengthening compliance and investing in human capital.」
To strengthen compliance and its corporate foundation, the company newly established a Corporate Governance Department. In addition to existing management through education, whistleblowing and internal controls, the newly established department represents progress in its organizational framework. - FY2023AdvancedAnnual report
「The company has also established an administrative office to oversee compliance initiatives across the organization and is working to monitor compliance through internal control questionnaires and strengthen its whistleblowing system. It will further expand whistleblowing channels and strengthen compliance through ongoing education, training and awareness activities.」
The company describes internal control questionnaires, strengthening the whistleblowing system and channels, and ongoing education and training as specific compliance management initiatives. - FY2022RestatedAnnual report
「The company has established an administrative office within the Corporate Administration Department to oversee compliance initiatives across the organization and will conduct ongoing education for officers and employees led by that department. The Internal Control Committee monitors the status of compliance and reports it to the Board of Directors and Board of Corporate Auditors as needed.」
The company continues to manage compliance through the administrative office in the Corporate Administration Department, education for officers and employees, and reporting by the Internal Control Committee to the Board of Directors and Board of Corporate Auditors. - FY2021RestatedAnnual report
「The company has established an administrative office within the Corporate Administration Department to oversee compliance initiatives across the organization and will conduct ongoing education for officers and employees led by that department. The Internal Control Committee monitors the status of compliance and reports it to the Board of Directors and Board of Corporate Auditors as needed.」
The company continues to manage group-wide compliance through the administrative office in the Corporate Administration Department, education for officers and employees, and reporting by the Internal Control Committee to the Board of Directors and Board of Corporate Auditors. - FY2016First statedAnnual report
「The company recognizes that compliance with laws, regulations, the Articles of Incorporation and social norms is a prerequisite for corporate activities. To realize its corporate philosophy, comprising its Basic Philosophy and Long-term Policy, it positions compliance initiatives as a basic policy to be shared throughout the group.」
The company positions compliance as a basic policy to be shared throughout the group and describes a framework involving education and monitoring and reporting by the Internal Control Committee.