Coordination among Internal Audit, the Audit and Supervisory Committee and the Independent Auditor
First written in FY2022. 1 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026Update on Audit and Supervisory Committee activitiesAnnual report
「・Resolutions: 16 Audit policies and audit plans; the Audit and Supervisory Committee's audit report; verification results concerning the development of the internal control system; evaluation of the accounting auditor; appointment and dismissal of the accounting auditor; consent to the accounting auditor's remuneration; allocation of responsibilities among Audit and Supervisory Committee Members; etc. ・Reports: 45 Evaluation of internal controls over financial reporting; the three-party audit framework; hearings with the internal audit department (internal audit results, trouble reports, whistleblowing status, etc.); etc.」
The Company discloses 16 resolutions and 45 reports as the Audit and Supervisory Committee's activities, continuing to review and report on the three-party audit framework, internal controls and internal audit results. - FY2025Update on Audit and Supervisory Committee activitiesAnnual report
「・Resolutions: 15 Audit policies and audit plans; the Audit and Supervisory Committee's audit report; verification results concerning the development of the internal control system; evaluation of the accounting auditor; appointment and dismissal of the accounting auditor; consent to the accounting auditor's remuneration; allocation of responsibilities among Audit and Supervisory Committee Members; etc. ・Reports: 44 Evaluation of internal controls over financial reporting; the three-party audit framework; hearings with the internal audit department (internal audit results, trouble reports, whistleblowing status, etc.); etc.」
The Company discloses 15 resolutions and 44 reports as the Audit and Supervisory Committee's activities during the fiscal year, continuing to address the three-party audit framework, internal controls and internal audit results. - FY2024Update on Audit and Supervisory Committee activitiesAnnual report
「・Resolutions: 15 Audit policies and audit plans; the Audit and Supervisory Committee's audit report; verification results concerning the development of the internal control system; evaluation of the accounting auditor; appointment and dismissal of the accounting auditor; consent to the accounting auditor's remuneration; allocation of responsibilities among Audit and Supervisory Committee Members; etc. ・Reports: 48 Evaluation of internal controls over financial reporting; the three-party audit framework; hearings with the internal audit department (internal audit results, trouble reports, whistleblowing status, etc.); etc.」
The Company discloses 15 resolutions and 48 reports as the Audit and Supervisory Committee's activities during the fiscal year. The three-party audit framework, internal controls and internal audit results, among other matters, remain ongoing subjects of review and reporting. - FY2023AdvancedAnnual report
「・Resolutions: 20 Audit policies and audit plans; the Audit and Supervisory Committee's audit report; verification results concerning the development of the internal control system; evaluation of the accounting auditor; appointment and dismissal of the accounting auditor; consent to the accounting auditor's remuneration; allocation of responsibilities among Audit and Supervisory Committee Members; etc. ・Reports: 39 Evaluation of internal controls over financial reporting; the three-party audit framework; hearings with the internal audit department (internal audit results, trouble reports, whistleblowing status, etc.); etc.」
The Company discloses 20 resolutions and 39 reports as the Audit and Supervisory Committee's activities during the fiscal year, including matters concerning the three-party audit framework and internal controls. - FY2022First statedAnnual report
「The Compliance Department, which conducts internal audits, and the Directors who are Audit and Supervisory Committee Members hold meetings as needed to report on audit plans, audit implementation status and audit results. Outside regular meetings, they work closely together on issues, risks and improvement efforts, and seek to understand the status of the management framework and its adoption in the field. The Compliance Department and the Directors who are Audit and Supervisory Committee Members also regularly exchange views with Hibiki Audit Corporation, the Company's accounting auditor. By organically coordinating audits conducted from the three parties' different perspectives, including audits of audit plans, audit implementation status, audit results and internal controls over financial reporting, they seek to ensure the proper conduct of the Company's operations.」
For the first time, the activities of the Audit and Supervisory Committee concerning the three-party audit framework and internal controls can be confirmed as a standalone theme, with the Compliance Department, Audit and Supervisory Committee and accounting auditor sharing audit plans, results, risks and improvement status and coordinating their audit functions.