Group-wide Internal Controls and Risk Management
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The company has assigned 2 employees with practical experience in accounting, subsidiary management and internal controls over financial reporting as dedicated staff supporting the Audit and Supervisory Committee.」
In connection with the transition to a company with an Audit and Supervisory Committee, the company specified the assignment of 2 dedicated staff members, the reporting structure, and direct reporting from the Internal Audit Office to the Board of Directors and the Audit and Supervisory Committee in relation to internal controls and subsidiary management. - FY2021RestatedAnnual report
「The Board of Directors Regulations clearly stipulate that approval by the company’s Board of Directors is required for particularly important investments and other matters undertaken independently by subsidiaries.」
The company continues to require approval by the parent company’s Board of Directors for important subsidiary investments, and to hold regular reporting and consultations with subsidiaries and operate a group whistleblowing system. - FY2020RestatedAnnual report
「In accordance with the Board of Directors’ resolution on the basic policy for establishing an internal control system under the Companies Act, revised on 28 June 2016, the company is developing an effective and efficient internal control system.」
The company continues to maintain group-wide internal controls covering financial reporting, subsidiary management, confirmation that the code of conduct has been communicated, and approval by the parent company’s Board of Directors for important investments, among other matters. - FY2019RestatedAnnual report
「In accordance with the Board of Directors’ resolution on the basic policy for establishing an internal control system under the Companies Act, revised on 28 June 2016, the company is developing an effective and efficient internal control system.」
The company continues to develop a group-wide internal control system. It also continues to stipulate the practice of requiring approval by the parent company’s Board of Directors for important investments by subsidiaries. - FY2017AdvancedAnnual report
「The company amended the Board of Directors Regulations to clarify that approval by the company’s Board of Directors is required for particularly important investments and other matters undertaken independently by subsidiaries.」
The company clarified the practice of requiring approval by the parent company’s Board of Directors for particularly important investments and other matters undertaken independently by subsidiaries. The review of group-wide internal controls and subsidiary management was made more specific. - FY2016First statedAnnual report
「In accordance with the Board of Directors’ resolution on the basic policy for establishing an internal control system under the Companies Act, revised on 15 May 2015, the company is developing an effective and efficient internal control system.」
The company has 6 employees in the Audit Office and 7 in the Internal Control Promotion Office, which oversee the reliability of financial reporting, risk management covering quality, the environment, compliance and disaster prevention, and subsidiary management.