Internal control verification and effectiveness assessment by the Internal Audit Office
First written in FY2019. 3 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
47 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Internal Audit Group consists of 4 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits. At the beginning of the fiscal year, it prepares an annual audit plan and individual audit plans, and after the annual audit is completed, it prepares an audit report without delay and reports to the president, the Board of Directors and the Audit & Supervisory Committee.」
The company describes a structure in which the Internal Audit function has been expanded from 3 to 4 people and annual and individual audit plans and audit reports are submitted to the president, the Board of Directors and the Audit & Supervisory Committee. - FY2024AdvancedAnnual report
「The Internal Audit Office consists of 3 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits. At the beginning of the fiscal year, it prepares an annual audit plan and individual audit plans, and after the annual audit is completed, it prepares an audit report without delay and reports to the president, the Board of Directors and the Audit & Supervisory Committee.」
The company describes a structure in which the Internal Audit Office has increased from 2 to 3 people, prepares annual and individual audit plans, and reports audit results to the president, the Board of Directors and the Audit & Supervisory Committee. - FY2023RestatedAnnual report
「The Internal Audit Office consists of 2 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits. The Internal Audit Office and the full-time Audit & Supervisory Committee member mutually review the annual audit plan and exchange views each quarter on the progress of the plan and audit results.」
The company continues to have the 2-person Internal Audit Office assess internal controls and share the annual plan and quarterly progress with the full-time Audit & Supervisory Committee member. - FY2022RestatedAnnual report
「The Internal Audit Office consists of 2 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits. The Internal Audit Office and the full-time Audit & Supervisory Committee member mutually review the annual audit plan and exchange views each quarter on the progress of the plan and audit results.」
The company continues to have the 2-person Internal Audit Office assess internal controls and share the annual plan and quarterly progress with the full-time Audit & Supervisory Committee member. - FY2021RestatedAnnual report
「The Internal Audit Office consists of 2 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits.」
The company continues to have a structure in which the 2-person Internal Audit Office is responsible for verifying and assessing the effectiveness of internal controls and conducting internal audits. - FY2020AdvancedAnnual report
「The Internal Audit Office and the full-time Audit & Supervisory Committee member mutually review the annual audit plan and exchange views each quarter on the progress of the plan and audit results. The Internal Audit Office also assists the Audit & Supervisory Committee in performing its duties.」
The 2-person Internal Audit Office has progressed beyond verifying and assessing the effectiveness of internal controls to sharing the annual plan, quarterly progress and audit results with the Audit & Supervisory Committee and assisting the committee. - FY2019First statedAnnual report
「The Internal Audit Office consists of 2 people and verifies the internal control system, assesses its effectiveness, and conducts internal audits.」
The company describes a structure in which an Internal Audit Office consisting of 2 people and independent of the operating divisions is responsible for verifying and assessing the effectiveness of the internal control system and conducting internal audits.