Strengthening Internal Controls and Corporate Governance
First written in FY2019. 3 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Based on a resolution to amend its Articles of Incorporation at the Extraordinary General Meeting of Shareholders held on 24 December 2025, the Company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, which consisted of 3 Directors serving as Audit and Supervisory Committee Members, all 3 of whom were Outside Directors.」
The Company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee and introduced a supervisory structure through the Audit and Supervisory Committee. It also describes a structure under which the Internal Audit Office is directly supervised by the Audit and Supervisory Committee. - FY2025Explicit reference to the Risk Management Regulations and verification through internal auditsAnnual report
「As part of its risk management structure, the Company has established Risk Management Regulations and works to identify, classify and address risks. Policies for responding to risks are approved annually by the Board of Directors, while the actual status of risk management is periodically verified through internal audits.」
In addition to the quarterly risk management sheet, the Company explicitly describes its Risk Management Regulations, annual approval by the Board of Directors and periodic verification through internal audits. - FY2024RestatedAnnual report
「Each person responsible for a business prepares a risk management sheet each quarter describing the status of risks in their business and response measures, submits it to the Board of Directors and the Board of Corporate Auditors, and has the matters deliberated and response measures determined.」
The Company reconfirms in its sustainability disclosures the practice of preparing a risk management sheet each quarter, deliberating it at the Board of Directors and the Board of Corporate Auditors, and determining response measures. - FY2023Specification of the risk management processAnnual report
「Each person responsible for a business prepares a risk management sheet each quarter describing the status of risks in their business and response measures, submits it to the Board of Directors and the Board of Corporate Auditors, and has the matters deliberated and response measures determined.」
In addition to its existing policy of strengthening the internal control structure, the Company describes the operating process of preparing a risk management sheet each quarter and deliberating it at the Board of Directors and the Board of Corporate Auditors. - FY2022RestatedAnnual report
「The Company Group recognizes that further strengthening its corporate governance structure is essential for achieving sustainable business growth. Accordingly, the Company is working to continuously strengthen its internal control structure and further instill corporate ethics in order to ensure compliance with laws and regulations, proper financial reporting, asset protection and improved management efficiency.」
The Company reiterates its policy of continuously strengthening its internal control structure, corporate ethics and corporate governance. - FY2020RestatedAnnual report
「The Company recognizes that further strengthening its corporate governance structure is essential for achieving sustainable business growth. Accordingly, the Company is working to continuously strengthen its internal control structure and further instill corporate ethics in order to ensure compliance with laws and regulations, proper financial reporting, asset protection and improved management efficiency.」
The Company reiterates its policy of strengthening governance through the Internal Audit Office, the Compliance Committee, the Board of Corporate Auditors and its internal control system. - FY2019First statedAnnual report
「The Company recognizes that further strengthening its corporate governance structure is essential for achieving sustainable business growth. Accordingly, the Company is working to continuously strengthen its internal control structure and further instill corporate ethics in order to ensure compliance with laws and regulations, proper financial reporting, asset protection and improved management efficiency.」
The Company has established structures including the Board of Directors, the Board of Corporate Auditors, the Internal Audit Office and the Compliance Committee.