Coordination among Outside Directors, Outside Corporate Auditors, Internal Audit, and External Audit
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
- FY2024ReframedAnnual report
「The Audit and Supervisory Committee consists of 3 members, 2 of whom are outside directors. In principle, the committee meets once a month, as well as holding extraordinary meetings as necessary, and each Audit and Supervisory Committee member also participates in meetings of the Board of Directors held monthly and as necessary.」
The conventional collaboration structure centered on audit and supervisory board members and outside audit and supervisory board members changed to an Audit and Supervisory Committee structure comprising 3 directors who are Audit and Supervisory Committee members, including 2 outside directors. - FY2023RestatedAnnual report
「For audits of subsidiaries and other entities during the fiscal year under review, we continued from the previous year to suspend conventional on-site audits in light of the spread of COVID-19 and responded by using digital technologies, including remote audits via web conferencing systems, so as not to impair audit effectiveness.」
In addition to collaboration among outside officers, audit and supervisory board members, the Internal Audit Office and the accounting auditor, remote audits have continued for audits of subsidiaries. - FY2021Introduction of Remote AuditsAnnual report
「In light of the spread of COVID-19, we suspended the conventional on-site audits and responded by using digital technologies, including remote audits via web conferencing systems, so as not to impair audit effectiveness.」
In addition to the policy for collaboration among outside officers, audit and supervisory board members, the Internal Audit Office and the accounting auditor, remote audits using web conferencing systems and other tools were introduced for audits of subsidiaries in response to the COVID-19 pandemic. - FY2019RestatedAnnual report
「Outside directors and outside corporate auditors provide oversight, audits, advice, and recommendations from an objective and neutral standpoint, with no risk of conflicts of interest with general shareholders, drawing on their respective specialized knowledge and broad, advanced experience and insight in management from an external perspective,」
The framework using the expertise and neutrality of outside officers and sharing information and coordinating with the Internal Audit Office and accounting auditor continues. - FY2017RestatedAnnual report
「Outside directors and outside corporate auditors provide oversight, audits, advice, and recommendations from an objective and neutral standpoint, with no risk of conflicts of interest with general shareholders, drawing on their respective specialized knowledge and broad, advanced experience and insight in management from an external perspective,」
The framework using the expertise and neutrality of outside directors and outside corporate auditors and coordinating with the Internal Audit Office and accounting auditor continues. - FY2016First statedAnnual report
「Outside directors and outside corporate auditors provide oversight, audits, advice, and recommendations from an objective and neutral standpoint, with no risk of conflicts of interest with general shareholders, drawing on their respective specialized knowledge and broad, advanced experience and insight in management from an external perspective,」
The framework uses the expertise and neutrality of outside officers and provides for information sharing with the Board of Directors, Board of Corporate Auditors, Internal Audit Office, and accounting auditor.