Group-wide internal control and risk management framework
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2022.
- FY2022AdvancedAnnual report
「As a result, the company disclosed in its Internal Control Report dated 28 June 2021 that, as of the end of the fiscal year ending March 2021, the material weaknesses requiring disclosure had been remediated and internal controls were effective.」
Regarding the strengthening of internal controls prompted by improper accounting in previous fiscal years, the Company reported the resolution of material deficiencies and disclosure of the effectiveness of internal controls as achievements, and indicated its policy of continuing to operate recurrence-prevention measures and inspect and improve the management of affiliated companies. - FY2020AdvancedAnnual report
「On 28 April 2020, the company established the Governance Enhancement Committee to analyze (i) the causes of the inappropriate accounting treatment and the company's governance issues, (ii) formulate measures to improve the governance issues and prevent recurrence of the inappropriate accounting treatment, and (iii) monitor the implementation of the recurrence-prevention measures, thereby restoring confidence in the company's governance.」
Regarding internal controls and risk management within the Group, a committee was established to analyze the causes of inappropriate accounting, formulate improvement and recurrence-prevention measures, and monitor their implementation. - FY2020-Q3AdvancedAnnual report
「The Company takes this matter seriously, will implement recurrence-prevention measures reliably, and will further strengthen corporate governance.」
Following an investigation report concerning inappropriate transactions and accounting treatment, the company announced a policy of implementing measures to prevent recurrence and strengthening corporate governance. - FY2019RestatedAnnual report
「The Group has established rules and systems to prevent the various risks surrounding its operations and minimize their impact if they occur.」
The company reiterated its group-control policies through the Compliance Committee, internal audits, whistleblowing, risk assessments and subsidiary management, among other measures. - FY2017RestatedAnnual report
「The Group has established rules and systems to prevent the various risks surrounding its operations and minimize their impact if they occur.」
The company reiterated its group control framework, including the Compliance Committee, internal audits, risk assessments and subsidiary management. - FY2016First statedAnnual report
「The Group has established rules and systems to prevent the various risks surrounding its operations and minimize their impact if they occur.」
Described systems including the Compliance Committee, internal reporting system, internal audits, risk management rules and subsidiary management.