An audit office reporting directly to the President and coordination with Audit & Supervisory Board members and the accounting auditor
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2025.
103 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Based on an audit plan prepared by the Internal Audit Office, the office conducts internal audits of the company and its subsidiaries and reports the results to the Representative Director and President. Based on the Internal Audit Regulations, it also conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate and thereby maintains coordination with audits conducted by the corporate auditors, while reporting to the accounting auditor on the development and operation of internal control processes and exchanging views as appropriate on matters requiring attention in internal control, thereby maintaining coordination with the accounting audit, and works to enhance the effectiveness of internal audits.」
Internal audits of the company and its subsidiaries by the 1-member Internal Audit Office under the direct supervision of the president, and reporting and exchanges of views with the president, the Board of Corporate Auditors and the accounting auditor, continue. The statement that there is no mechanism for direct reporting to the Board of Directors also continues. - FY2023RestatedAnnual report
「Based on an audit plan prepared by the Internal Audit Office, the office conducts internal audits of the company and its subsidiaries and reports the results to the Representative Director and President. Based on the Internal Audit Regulations, it also conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate and thereby maintains coordination with audits conducted by the corporate auditors, while reporting to the accounting auditor on the development and operation of internal control processes and exchanging views as appropriate on matters requiring attention in internal control, thereby maintaining coordination with the accounting audit.」
Internal audits of the company and its subsidiaries by the Internal Audit Office under the direct supervision of the president, reporting to the Representative Director and President, and coordination with the Board of Corporate Auditors and the accounting auditor continue. It is stated that there is no mechanism for the Internal Audit Office to report directly to the Board of Directors. - FY2021RestatedAnnual report
「Based on the Internal Audit Regulations, the Internal Audit Office conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate, and maintains coordination with audits conducted by the corporate auditors. The Internal Audit Office also reports to the accounting auditor on the development and operation of internal control processes and exchanges views as appropriate on matters requiring attention in internal control, thereby maintaining coordination with the accounting audit.」
Internal audits of the company and its subsidiaries by the Internal Audit Office under the direct supervision of the president, and coordination with the Board of Corporate Auditors and the accounting auditor, continue. - FY2019RestatedAnnual report
「As our internal audit function, we have established a 1-member Internal Audit Office under the direct supervision of the Representative Director and President. Based on the Internal Audit Regulations, the Internal Audit Office conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate, and maintains coordination with audits conducted by the corporate auditors. The Internal Audit Office also reports to the accounting auditor on the development and operation of internal control processes and exchanges views as appropriate on matters requiring attention in internal control, thereby maintaining coordination with the accounting audit.」
Internal audits of the company and its subsidiaries by the Internal Audit Office under the direct supervision of the president, and coordination with the Board of Corporate Auditors and the accounting auditor, continue. - FY2017AdvancedAnnual report
「Based on the Internal Audit Regulations, the Internal Audit Office conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate, and maintains coordination with audits conducted by the corporate auditors. The Internal Audit Office also reports to the accounting auditor on the development and operation of internal control processes and exchanges views as appropriate on matters requiring attention in internal control, thereby maintaining coordination with the accounting audit.」
In addition to the previous coordination with the Board of Corporate Auditors, a mechanism for reporting the development and operation of internal control processes to the accounting auditor and exchanging views is now specifically described. - FY2016First statedAnnual report
「An Internal Audit Office with 1 member has been established under the direct supervision of the Representative Director and President. Based on the Internal Audit Regulations, the Internal Audit Office conducts internal audits, including of subsidiaries, reports on the status of implementation to the Board of Corporate Auditors, exchanges views as appropriate, and maintains coordination with audits conducted by the corporate auditors.」
A 1-member Internal Audit Office has been established under the direct supervision of the president to conduct internal audits, including of subsidiaries, report to the Board of Corporate Auditors, and coordinate with external audits.