Enhancing the Internal Control Framework and Governance in Line with Business Expansion
First written in FY2019. 7 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026-H1.
45 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「The Company has newly introduced an executive officer system to accelerate business execution and develop management executives for the next generation, and is reviewing its management structure to achieve sustainable growth.」
The Company explicitly stated that it had introduced the previously considered executive officer system to accelerate business execution and develop next-generation management executives. - FY2025AdvancedAnnual report
「The Internal Audit Office was increased by 1 person in September 2025 to strengthen internal audits, bringing the office to 2 people as of the date of submission of the Securities Report. During the fiscal year, the Compensation Committee held 10 meetings, discussing the introduction of an executive officer system and its specific structure, as well as the calculation of directors' fixed compensation and performance-linked executive bonuses, and submitted its recommendations to the Board of Directors.」
The Company disclosed the expansion of the Internal Audit Office to 2 people, 10 Compensation Committee meetings and consideration of introducing an executive officer system, providing further detail on governance operations. - FY2024AdvancedAnnual report
「With respect to the execution of business at subsidiaries, the Company holds monthly regular meetings attended by the Representative Director, receives reports on the subsidiaries' business operations, and provides necessary instructions, advice and guidance as needed to ensure the proper conduct of business. For financial reporting and related matters, the Company has a system in place to ensure the accuracy of its financial information by having the director responsible for administration monitor the financial position monthly.」
The system for managing the operations and financial reporting of consolidated subsidiaries has been specified, including monthly meetings attended by the Representative Director and monthly monitoring by the director responsible for administration. - FY2023AdvancedAnnual report
「During the fiscal year, the Company held 18 Board of Directors meetings in total and held 9 Compensation Committee meetings. The committee discussed each director's skills matrix and the calculation of directors' fixed compensation and performance-linked executive bonuses, and submitted its recommendations to the Board of Directors.」
The Company specifically disclosed the meeting records of the Board of Directors and Compensation Committee, discussions of the skills matrix and recommendations on compensation calculations, providing further detail on governance operations. - FY2023-Q1AdvancedAnnual report
「We have focused on strengthening our organizational structure around the sales and engineering divisions, but are also strengthening the structure of indirect divisions such as quality assurance and administration, thereby reinforcing a robust and resilient management foundation.」
The Company has expanded the scope of organizational strengthening to indirect divisions such as quality assurance and administration as part of its efforts to reinforce its management foundation and internal controls. - FY2021AdvancedAnnual report
「The Company has entered into a directors and officers liability insurance policy with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act.」
In addition to the existing internal audit, Risk Management Committee and Compliance Committee, the Company has disclosed the execution of a directors and officers liability insurance policy, further specifying its governance structure. - FY2020AdvancedAnnual report
「The Company has established a Risk Management Committee under its Risk Management Regulations, identifies risks, works to prevent misconduct and other incidents and minimize losses to the Company, and reports to the Board of Directors. It has also established a Compliance Committee under its Compliance Regulations, which set out the basic matters concerning compliance initiatives based on the Company's management philosophy and code of conduct, and conducts ongoing training activities based on its compliance plan.」
The actual structures and operations of the Risk Management Committee, Compliance Committee, Internal Audit Office, Audit & Supervisory Board and other bodies have been specified under the policy of strengthening internal controls and governance. - FY2019First statedAnnual report
「Going forward, the Company plans to establish and strengthen its internal control systems by further reinforcing its administrative divisions in line with the expansion of its business. It also plans to enhance corporate governance by reviewing its meeting structures and authority levels and establishing various committees.」
The Company has set out plans to establish its administrative divisions, meeting structures, authority levels and committees to support business expansion, including after the IPO.