Establishment of the Enterprise-Wide Risk Management Committee and Internal Controls
First written in FY2016. 5 of 8 entries say "Advanced", first in FY2022. Latest entry: 2026-07-09.
- 2026-07-09AdvancedOccurring Fact
「The Company takes this matter extremely seriously and will work to restore the trust of its stakeholders by further strengthening its internal management framework through measures such as reviewing its accounting operations structure and providing compliance training to prevent recurrence.」
Regarding the development of internal controls, the Company has specified a review of its accounting operations structure and compliance training as recurrence-prevention measures following the occupational embezzlement, in addition to the existing identification, analysis, assessment, and monitoring of risks. - FY2026AdvancedAnnual report
「Each business division, Group company and headquarters management department identifies risks and countermeasures that could hinder the enhancement of corporate value and achievement of management objectives. Risks are identified and their significance is assessed based on the frequency of occurrence and the impact if they occur.」
In addition to the three-lines-of-defense structure comprising the Risk Management Committee, Risk Management Office and audit department, the company has specified the identification, analysis, assessment and monitoring of risks by each business division, Group company and headquarters management department, together with sharing this information with the Board of Directors. - FY2025AdvancedAnnual report
「As part of its specific activities, the Risk Management Office comprehensively identifies and analyzes risks across CKD, checks how each department is addressing the respective risks, encourages improvements as necessary, and regularly reports to the Risk Management Committee.」
The company has specified the operation of its three-lines-of-defense structure comprising the Risk Management Committee, Risk Management Office and audit department, including comprehensive identification of company-wide risks, reviews of each department’s response, promotion of improvements, and regular reporting. - FY2023AdvancedAnnual report
「In July 2022, the company newly established the Risk Management Office as a subordinate organization of the Risk Management Committee and strengthened its risk management structure by also establishing an oversight framework operated by the audit department.」
The company has developed a three-lines-of-defense structure combining the existing Risk Management Committee with the Risk Management Office and the audit department. - FY2022AdvancedAnnual report
「The Risk Management Committee meets regularly under the risk management rules to identify and manage risks affecting the Company and its subsidiaries. The status of these activities is also reported to the Board of Directors.」
The company specifically describes the operation of regular Risk Management Committee meetings, identification of risks at the Company and its subsidiaries, and reporting to the Board of Directors. - FY2018RestatedAnnual report
「The Risk Management Committee, established under the Board of Directors as an organization for managing risks across the company, deliberates and decides on matters concerning the development of company-wide risk management.」
The company has reaffirmed a structure in which the Risk Management Committee under the Board of Directors works together with the management departments at headquarters and each business headquarters. - FY2017RestatedAnnual report
「To respond accurately and swiftly to increasingly complex risks, the Risk Management Committee, established under the Board of Directors as an organization for managing risks across the company, deliberates and decides on matters concerning the development of company-wide risk management.」
The company has reaffirmed a structure in which the Risk Management Committee under the Board of Directors, the headquarters risk management department and the management departments of each business headquarters work together. - FY2016First statedAnnual report
「To respond accurately and swiftly to increasingly complex risks, the Risk Management Committee, established under the Board of Directors as an organization for managing risks across the company, deliberates and decides on matters concerning the development of company-wide risk management.」
The headquarters risk management department and the departments of each business headquarters work together, while the Risk Management Committee under the Board of Directors manages company-wide risks across the organization.