Risk Management Committee and Compliance Framework
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 4 of 28 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Risk management is carried out by the heads of each operating department, who manage the risks relating to their respective departments and report to the Risk Management Committee. In addition to regularly reporting the status to the Board of Directors, the Risk Management Committee comprehensively identifies and assesses risks that could have a material impact on management and seeks to ensure an appropriate response to those risks.」
The Company has reaffirmed the process of reporting from each department to the Risk Management Committee, regular reporting to the Board of Directors and comprehensive assessment of material risks. - FY2020RestatedAnnual report
「The Company has established a Risk Management Committee. Risk information collected by each department is promptly consolidated by the chair of the Risk Management Committee, reported to the Board of Directors every month, and used to enable swift and appropriate responses.」
The Company has reaffirmed the operation of the Risk Management Committee, which consolidates risk information from each department and reports to the Board of Directors every month. - FY2019RestatedAnnual report
「The Company has established a Risk Management Committee. Risk information collected by each department is promptly consolidated by the chair of the Risk Management Committee, reported to the Board of Directors every month, and used to enable swift and appropriate responses.」
The Company has reaffirmed the operation of the Risk Management Committee, which consolidates risk information from each department and reports to the Board of Directors every month. - FY2018AdvancedAnnual report
「Under its risk management framework, the Company has established a Risk Management Committee. Risk information collected by each department is promptly consolidated by the head of risk management, reported to the Board of Directors every month, and used to enable swift and appropriate responses.」
The Company specifies an operating process under which the Risk Management Committee consolidates information from each department and reports to the Board of Directors every month. - FY2016First statedAnnual report
「The Risk Management Committee meets once a month to confirm whether the identified risk items are present and to receive risk reports from other departments, which it then reports to the directors.」
The Company has established a management framework combining monthly Risk Management Committee meetings, departmental reports, reports to the directors, advice from external experts and a hotline.