Risk and Disclosure Management Centered on the Internal Control Committee
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: 2026-06-29.
- 2026-06-29ReframedGovernance
「Based on approval at the 124th annual general meeting of shareholders held on 29 June 2026, we changed to a company with an audit and supervisory committee. In connection with this transition, the Board of Directors held on the same day resolved to partially revise the “Basic Policy on the Development of the Internal Control System,” and we hereby announce the resolution.」
The basic policy for the internal control system was revised in connection with the transition to a company with an audit and supervisory committee. While retaining the existing management framework, under which a compliance committee, risk management committee and disclosure committee are placed under the internal control committee, the revised policy specified the framework for reporting to the audit and supervisory committee, appointing employees to assist it, and coordinating with the internal audit department and other functions. - FY2025RestatedAnnual report
「We have established an Internal Control Committee chaired by the president and comprising directors and employees from the relevant departments as members, and will oversee basic policies and measures concerning awareness and dissemination of legal compliance, risk management and related matters. We have also established a Compliance Committee, Risk Management Committee and Disclosure Committee under the Internal Control Committee to deliberate specific measures relating to legal compliance, risk management and timely disclosure, respectively.」
Continues the management framework comprising the Internal Control Committee and its 3 subordinate committees, the internal whistleblowing system, and the Internal Audit Department directly supervised by the president. The Internal Audit Department has 2 people. - FY2022RestatedAnnual report
「We have established an Internal Control Committee chaired by the president and comprising directors and employees from the relevant departments as members, and will oversee basic policies and measures concerning awareness and dissemination of legal compliance, risk management and related matters. We have also established a Compliance Committee, Risk Management Committee and Disclosure Committee under the Internal Control Committee to deliberate specific measures relating to legal compliance, risk management and timely disclosure, respectively. The Internal Audit Department directly supervised by the president audits the execution of operations in each department and reports the results to the president.」
Continues the management framework comprising the Internal Control Committee and 3 committees, the internal whistleblowing system, and the Internal Audit Department directly supervised by the president. The Internal Audit Department is described as having 2 people. - FY2021Decrease in internal audit department headcountAnnual report
「Our Internal Audit Department is directly supervised by the president and comprises 2 people as of the filing date of the annual securities report. It regularly reports to the Audit & Supervisory Board and, as necessary, holds meetings to exchange views with Audit & Supervisory Board members.」
While the framework comprising the Internal Control Committee, internal whistleblowing system and related functions continues, staffing in the Internal Audit Department changed from 3 people as previously stated to 2. - FY2019RestatedAnnual report
「We have established an Internal Control Committee chaired by the president and comprising directors and employees from the relevant departments as members, and will oversee basic policies and measures concerning awareness and dissemination of legal compliance, risk management and related matters. We have also established a Compliance Committee, Risk Management Committee and Disclosure Committee under the Internal Control Committee to deliberate specific measures relating to legal compliance, risk management and timely disclosure, respectively.」
Continues the management framework comprising the Internal Control Committee and its 3 subordinate committees, the internal whistleblowing system, and the Internal Audit Office directly supervised by the president. The Internal Audit Office is described as having 3 people. - FY2018RestatedAnnual report
「We have established an Internal Control Committee chaired by the president and comprising directors and employees from the relevant departments as members, and will oversee basic policies and measures concerning awareness and dissemination of legal compliance, risk management and related matters. We have also established a Compliance Committee, Risk Management Committee and Disclosure Committee under the Internal Control Committee to deliberate specific measures relating to legal compliance, risk management and timely disclosure, respectively.」
Continues the management framework comprising the Internal Control Committee and its 3 subordinate committees, the internal whistleblowing system, and the 3-person Internal Audit Office directly supervised by the president. - FY2017AdvancedAnnual report
「We have established an internal whistleblowing system that prohibits adverse treatment of whistleblowers, with the aim of conducting advance checks on potentially questionable conduct, uncovering illegal acts and ensuring sound business management. Our Internal Audit Office is directly supervised by the president and comprises 3 people as of the filing date of the annual securities report, and regularly reports to the Audit & Supervisory Board.」
In addition to the existing Internal Control Committee and related committee structure, describes the establishment of an internal whistleblowing system, an Internal Audit Office directly supervised by the president with 3 people, and regular reporting to the Audit & Supervisory Board. - FY2016First statedAnnual report
「We have established an Internal Control Committee chaired by the president and comprising directors and employees from the relevant departments as members, and will oversee basic policies and measures concerning awareness and dissemination of legal compliance, risk management and related matters. We have also established a Compliance Committee, Risk Management Committee and Disclosure Committee under the Internal Control Committee to deliberate specific measures relating to legal compliance, risk management and timely disclosure, respectively.」
Describes a framework under which the Internal Control Committee and its 3 subordinate committees manage compliance, risk management and timely disclosure.