Strengthening the internal control framework
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2025.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has established an Internal Audit Office reporting directly to the representative director and president to audit the appropriateness of its business activities, and conducts audits of the company and its subsidiaries.」
The company continues to apply its policy of conducting internal audits and managing related companies across the corporate group, including its subsidiaries, rather than limiting the scope to the company alone. - FY2023AdvancedAnnual report
「The company has established an Internal Audit Office reporting directly to the representative director and president to audit the appropriateness of the business activities of the company and its subsidiaries, and conducts audits of the company and its subsidiaries.」
The scope has been expanded from an internal control structure focused solely on the company to internal auditing, related-company management and risk management covering the corporate group, including its subsidiaries. - FY2021AdvancedAnnual report
「To respond rapidly to changes in the business environment, we transitioned to a new executive structure with clearly defined authority and responsibilities at the beginning of the fiscal year ending November 2022. In particular, we newly established the CBMI project (Cookbiz Management Initiative) directly under the Representative Director and President to promote the following key initiatives forming the foundation of management: development of a re-growth strategy; rebranding; formulation of a new medium-term management plan; reform of the personnel system; and development of internal rules.」
In addition to the longstanding policy of improving internal controls and business processes, the company transitioned to a new executive structure at the beginning of the fiscal year ending November 2022 and is pursuing a strategy for renewed growth, a new medium-term management plan and reforms to its personnel system through the CBMI project reporting directly to the president. - FY2019RestatedAnnual report
「Corporate governance is appropriately operated through regular monitoring by internal audit and coordination with the audit and supervisory committee and the auditing firm. At the same time, we will continue strengthening the internal control framework to build an efficient organization across the company that also retains the agility of a venture company, by ensuring the appropriateness and soundness of management for stakeholders while improving business processes that impede efficiency and effectiveness.」
The company continues to strengthen its internal control framework through coordination among internal audit, the audit and supervisory committee and the auditing firm, as well as business process improvements. - FY2018RestatedAnnual report
「Going forward, we will work to establish a framework for identifying operational risks and managing them appropriately, strictly operate business manuals and internal rules, improve business processes that impede efficiency and effectiveness, strengthen the internal control framework, and improve operational efficiency.」
The company continues to strengthen its internal control framework through the operation of internal rules, risk management and business process improvements to accommodate business expansion. - FY2017First statedAnnual report
「We will strictly operate business manuals and internal rules, work to improve business processes that impede efficiency and effectiveness, strengthen the internal control framework, and improve operational efficiency.」
The company cites operation of internal rules and business process improvements as measures to manage risks and improve operational efficiency as the business expands.