Group-wide Compliance and Risk Management Framework
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2017. Latest entry: 2026-06-26.
Nitto Denko moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
80 other companies' latest entry also says "Advanced".
- 2026-06-26AdvancedGovernance
「The company has established a structure capable of appropriately addressing management issues through the complementary and cooperative interaction of three axes: the business axis centered on business execution divisions, the functional axis centered on specialist function divisions, and the regional axis centered on area management.」
The three-axis management model is described specifically as a structure for addressing management issues through the mutual complementation of the business, functional, and regional axes. The company also states that compliance and risk conditions are regularly reported to the Board of Directors and the Management Strategy Meeting, which directs improvements. - FY2024ReframedAnnual report
「The Group promotes a three-axis management model in which businesses such as Functional Materials, Information Functional Materials, Circuit Materials, Life Sciences, Membranes and Personal Care Materials constitute the business axis; 7 overseas regions constitute the area axis; and specialist departments such as human resources and accounting constitute the functional axis, with the 3 axes complementing and cooperating with one another in managing the business.」
While maintaining the three-axis management model, the business axis has been organized into specific business groups, including Functional Materials, Information Functional Materials, Circuit Materials, Life Sciences, Membranes and Personal Care Materials. - FY2023ReframedAnnual report
「The Group promotes a three-axis management model in which 5 business execution divisions, namely Functional Materials, Information Functional Materials, ICT, Human Life Solutions and Advanced Film Solutions, from the current consolidated fiscal year, among others, constitute the business axis; 7 overseas regions constitute the area axis; and specialist departments such as human resources and accounting constitute the functional axis, with the 3 axes complementing and cooperating with one another in managing the business.」
While maintaining the three-axis management model, the business axis was reorganized into 5 business execution divisions, with Advanced Film Solutions and other businesses added. - FY2022ReframedAnnual report
「The Group promotes a three-axis management model in which 4 business execution divisions, namely Functional Materials, Information Functional Materials, ICT and Human Life Solutions, from fiscal 2022 constitute the business axis; 7 overseas regions constitute the area axis; and specialist departments such as human resources and accounting constitute the functional axis, with the 3 axes complementing and cooperating with one another in managing the business.」
While maintaining the three-axis management framework, the business axis was reorganized into 4 business execution divisions and the overseas area axis into 7 regions. - FY2021AdvancedAnnual report
「The Group promotes a three-axis management model in which 6 business divisions and the business axis led by those divisions, the area axis comprising 8 overseas regions, and the functional axis comprising specialist departments such as human resources and accounting complement and cooperate with one another in managing the business. The business axis establishes governance and internal control systems, while the area and functional axes appropriately audit and monitor them.」
For governance at overseas Group companies, the company described a three-axis management model comprising 6 business divisions, 8 regions and specialist functions, supported by mutually complementary auditing and monitoring systems. - FY2020AdvancedAnnual report
「Going forward, based on the results of the investigation, we will work to formulate fundamental preventive measures and strengthen our internal control system. The internal investigation committee has reported that it found no similar cases at the consolidated subsidiary in question and that there are no other sites with a high level of risk.」
Following fraudulent transactions at a subsidiary, the company set out its policy of implementing fundamental measures to prevent recurrence and strengthening its internal control system. - FY2019AdvancedAnnual report
「In addition, we have established a J-SOX Committee chaired by the CFO as a body to deliberate on the effectiveness of internal controls across the Group. Based on the results of its deliberations, the management officers who sign the Internal Control Report, namely the President and CFO, conduct the final evaluation.」
For the evaluation of internal controls, a J-SOX Committee chaired by the CFO was established, clarifying the process from deliberation through the final evaluation by management. - FY2017AdvancedAnnual report
「In addition, we have established an Internal Control Committee, composed of the President, CFO and heads of each business execution unit, as a body to deliberate on the effectiveness of internal controls across the Group. Based on the results of these deliberations, the management officers who sign the Internal Control Report, namely the President and CFO, conduct the final evaluation.」
In addition to the former CSR Committee and other bodies, an Internal Control Committee composed of the President, CFO and others was established, clarifying the process for evaluating internal controls across the Group. - FY2016First statedAnnual report
「To promote CSR activities, including the development of compliance and risk management systems across the Group, we will appoint a director responsible for CSR and establish a CSR Committee chaired by that director.」
The control framework is described through the director responsible for CSR, the CSR Committee, the internal audit department and the Legal and Ethics Committee, among others.