Compliance Committee and Cross-Functional Internal Control Functions
First written in FY2017. 2 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2024.
- FY2024Update to Committee ChairAnnual report
「The Compliance Committee is chaired by a Senior Managing Director and comprises outside directors, corporate auditors and dedicated personnel from the Internal Audit Office. It was established to ensure that the code of conduct is thoroughly communicated throughout the company and to collect information on business risks. A structure enabling effective coordination with the Board of Directors is in place.」
The description of the Compliance Committee chair was updated from “Executive Vice President and Director” in the previous fiscal year to “Senior Managing Director.” Its composition, including outside directors, corporate auditors and Internal Audit Office personnel, and its coordination with the Board of Directors continue. - FY2023RestatedAnnual report
「The Compliance Committee is chaired by the Executive Vice President and Director and comprises outside directors, corporate auditors and dedicated personnel from the Internal Audit Office. It was established to ensure that the code of conduct is thoroughly communicated throughout the company and to collect information on business risks. A structure enabling effective coordination with the Board of Directors is in place.」
The company continues to operate a Compliance Committee chaired by the Executive Vice President and Director, comprising outside directors, corporate auditors and Internal Audit Office personnel, with coordination with the Board of Directors. - FY2022Update to Chair and Committee CompositionAnnual report
「The Compliance Committee is chaired by the Executive Vice President and Director and comprises outside directors, corporate auditors and dedicated personnel from the Internal Audit Office. It was established to ensure that the code of conduct is thoroughly communicated throughout the company and to collect information on business risks. A structure enabling effective coordination with the Board of Directors is in place.」
The Compliance Committee chair is stated as the Executive Vice President and Director. Its composition, including outside directors, corporate auditors and Internal Audit Office personnel, and its coordination with the Board of Directors were reconfirmed. - FY2020AdvancedAnnual report
「The Compliance Committee is chaired by the Senior Managing Director and General Manager of the Administration Division and comprises outside directors, corporate auditors and dedicated personnel from the Internal Audit Office. It was established to ensure that the code of conduct is thoroughly communicated throughout the company and to collect information on business risks. A structure enabling effective coordination with the Board of Directors is in place.」
The company specifically disclosed that the Compliance Committee is chaired by the Senior Managing Director and General Manager of the Administration Division, comprises outside directors, corporate auditors and Internal Audit Office personnel, and coordinates with the Board of Directors. - FY2018AdvancedAnnual report
「In addition to the normal chain of command, the company has established an internal consultation system so that important information can be communicated promptly from the front line to management.」
In addition to the Compliance Committee and cross-functional committees, the company established an internal consultation system for communicating important information from the front line to management. - FY2017First statedAnnual report
「The Compliance Committee, chaired by the Representative Director, Chairman and President, was established to ensure that the code of conduct is thoroughly communicated throughout the company and to collect information on business risks. The company has also established the Environment, Safety and Health Committee, 5S Committee, Suggestion and Improvement Committee and Business Reform Project as cross-functional organisations.」
The company disclosed a structure centred on the Compliance Committee for disseminating the code of ethics, collecting risk information, and addressing environment, safety and health, 5S, improvement and business reform.