Whistleblower Reporting, Risk Management Committee and Group Controls Framework
First written in FY2016. 9 of 20 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In the FY2026 risk management activities, the following 7 risks, assessed as significant, have been selected as priority risks from those identified across all locations, including subsidiaries. “Personnel shortages,” which was a priority risk in FY2025, achieved the targeted hiring-plan fulfillment rate. Accordingly, companywide priority risk management activities have been completed, and the matter has transitioned to activities under the medium- to long-term policy, with regular reports to the Executive Officers’ Meeting going forward.」
Priority risks were reorganized from 9 in FY2025 to 7 in FY2026. “Personnel shortages” and “Fair transactions with suppliers” have transitioned from companywide priority risk management to regular reporting and audit confirmation following completion of the respective measures. - 2026-06-18RestatedGeneral Meetings of Shareholders
「To ensure that employees and others in our group can report information or serious concerns regarding illegal or inappropriate conduct without fear of suffering disadvantage, we will establish appropriate internal reporting systems inside and outside the company, thoroughly communicate the system, and improve its effectiveness.」
The company continues to operate its internal reporting system, Compliance Committee, Risk Management Committee, and group controls. - FY2024AdvancedAnnual report
「As part of its risk management activities for 2024, the Company selected the following 9 risks, assessed as significant, from among the risks identified across all locations, including subsidiaries, as priority risks. The responsible departments have formulated annual action plans for each risk and are conducting risk mitigation activities based on those plans. Progress and risk status are reported to the Board of Directors every quarter.」
Nine priority risks have been identified across all Group locations, with the operating framework specifying annual plans by the responsible departments, risk mitigation activities, and quarterly reports to the Board of Directors. - FY2024-Q1AchievedAnnual report
「The Company completed an absorption-type merger effective 1 April 2023, under which the Company was the surviving company and its wholly owned subsidiary ＫＹＢ－ＹＳ株式会社, which operated the Automotive Components and Hydraulic Components businesses, was the absorbed company.」
The absorption-type merger with ＫＹＢ－ＹＳ株式会社 announced in FY2023-Q3 was completed effective 1 April 2023. - FY2023-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 February 2023, the Company resolved to effect an absorption-type merger, effective 1 April 2023 as scheduled, under which the Company would be the surviving company and its wholly owned specified subsidiary ＫＹＢ－ＹＳ株式会社 (hereinafter, “YS”) would be the absorbed company, and entered into a merger agreement on the same date.」
Following KSM and ES, the Company entered into an absorption-type merger agreement with YS, its subsidiary engaged in the manufacture and sale of hydraulic equipment, detailing group restructuring effective 1 April 2023. The merger is intended to promote the effective use of management resources, strengthen cooperation with head-office functions, and strengthen group governance. - FY2022-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the Company resolved to effect an absorption-type merger, effective 1 January 2022, under which the Company would be the surviving company and its wholly owned subsidiary ＫＹＢエンジニアリングアンドサービス株式会社 (hereinafter, “ES”) would be the absorbed company. Based on the resolution, the Company entered into a merger agreement with ES.」
Following KSM, the Company entered into an agreement to absorb ES, its subsidiary engaged in the sale of hydraulic equipment, detailing measures to strengthen sales capabilities, earnings power, and the financial base, promote personnel rotation, and strengthen group governance. The effective date is 1 January 2022. - FY2022-Q2AdvancedAnnual report
「During the second quarter of the current fiscal year, Kayaba System Machinery Co., Ltd., formerly a consolidated subsidiary of the Company, ceased to exist as a result of an absorption-type merger in which the Company was the surviving company, and was therefore excluded from the scope of consolidation.」
The absorption-type merger with KSM was completed, and specific measures to eliminate personnel entrenchment, strengthen the governance structure, and reduce fraud risk through group restructuring were implemented. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 May 2021, the Company resolved to effect an absorption-type merger, effective 1 July 2021, under which the Company would be the surviving company and its wholly owned subsidiary カヤバシステムマシナリー株式会社 (hereinafter, “KSM”) would be the absorbed company. Based on the resolution, the Company entered into a merger agreement with KSM.」
The Company has entered into an agreement to absorb KSM and is moving to the stage of implementing measures to eliminate personnel entrenchment through group restructuring, strengthen the governance structure, and reduce fraud risk. The effective date is 1 July 2021. - FY2021AdvancedAnnual report
「To strengthen the management structure for group companies, the Company newly established an Internal Control Department and a Special Audit Committee for Fraud Risk.」
In addition to the existing internal reporting system and Risk Management Committee, the Company established an Internal Control Department and a Special Audit Committee for Fraud Risk, detailing its audit and group management framework with quality misconduct in mind. - FY2019AdvancedAnnual report
「The Company has established a Special Audit Committee for Fraud Risk, a neutral body chaired by an outside director and comprising operating executives and outside officers, to strengthen its framework for deterring or reducing fraud risk by examining the existence and severity of such risks.」
In addition to the existing Risk Management Committee and internal reporting system, the Company has advanced its control framework by incorporating a Special Audit Committee for Fraud Risk chaired by an outside director, an Internal Control Department, Immediate Reporting Rules, and the collection of information from operational sites. - FY2019-Q3RestatedAnnual report
「For the Company and all group companies, the Company has established means of communicating information to management through the Immediate Reporting Rules and Suggestion Box as systems for rapidly identifying corporate risks. In addition, following the enactment of the Whistleblower Protection Act, it established dedicated channels as part of its internal reporting system.」
The Company continues group controls through the Immediate Reporting Rules, Suggestion Box, an internal reporting system covering all group companies, and dedicated reporting channels. - FY2019-Q1RestatedAnnual report
「For the Company and all group companies, the Company has established means of communicating information to management through the Immediate Reporting Rules and Suggestion Box as systems for rapidly identifying corporate risks. In addition, following the enactment of the Whistleblower Protection Act, it established dedicated channels as part of its internal reporting system.」
The Company continues group controls through the Immediate Reporting Rules, Suggestion Box, an internal reporting system covering all group companies, and dedicated reporting channels. - FY2018-Q3RestatedAnnual report
「The Company has established a Code of Corporate Conduct as rules that directors and employees must observe when conducting corporate activities, and is working to ensure compliance with laws and regulations and establish corporate ethics. It has also established an internal whistleblowing system covering all group companies, including an immediate-reporting channel and suggestion box, and, following the enforcement of the Whistleblower Protection Act, has established dedicated reporting and consultation contact points.」
The Company reiterates group controls through its Code of Corporate Conduct, an internal reporting system covering all group companies, and dedicated reporting channels. - FY2018-Q2RestatedAnnual report
「The Company has established a Code of Corporate Conduct as rules that directors and employees must observe when conducting corporate activities, and is working to ensure compliance with laws and regulations and establish corporate ethics. It has also established an internal whistleblowing system covering all group companies, including an immediate-reporting channel and suggestion box, and, following the enforcement of the Whistleblower Protection Act, has established dedicated reporting and consultation contact points.」
The Company reiterates group controls through its Code of Corporate Conduct, an internal reporting system covering all group companies, and dedicated reporting channels. - FY2018-Q1RestatedAnnual report
「The Company has established a Code of Corporate Conduct as rules that directors and employees must observe when conducting corporate activities, and is working to ensure compliance with laws and regulations and establish corporate ethics. It has also established an internal whistleblowing system covering all group companies, including an immediate-reporting channel and suggestion box, and, following the enforcement of the Whistleblower Protection Act, has established dedicated reporting and consultation contact points.」
The Company reiterates group controls through its Code of Corporate Conduct, an internal reporting system covering all group companies, and dedicated reporting channels. - FY2017AdvancedAnnual report
「The Company has established an Internal Control Office under the Legal Department as the department responsible for overseeing and promoting compliance. … The Company has enacted Risk Management Regulations, which systematically define risk management, and promotes risk management across the Group.」
The Company has detailed a group control framework including the Internal Control Office, Risk Management Regulations, Risk Management Committee, whistleblowing, and regular reporting to the Board of Directors. - FY2017-Q3RestatedAnnual report
「The Company has established an internal reporting system covering all group companies, including the Immediate Reporting System and Suggestion Box, and, following the enactment of the Whistleblower Protection Act, has established dedicated reporting and consultation channels.」
The Company reiterates group controls through an internal reporting system covering all group companies and dedicated reporting channels. - FY2017-Q2RestatedAnnual report
「The Company has established an internal reporting system covering all group companies, including the Immediate Reporting System and Suggestion Box, and, following the enactment of the Whistleblower Protection Act, has established dedicated reporting and consultation channels.」
The Company reiterates group controls through an internal reporting system covering all group companies and dedicated reporting channels. - FY2017-Q1RestatedAnnual report
「The Company has established an internal reporting system covering all group companies, including the Immediate Reporting System and Suggestion Box, and, following the enactment of the Whistleblower Protection Act, has established dedicated reporting and consultation channels.」
The Company reiterates group controls through an internal reporting system covering all group companies and dedicated reporting channels. - FY2016First statedAnnual report
「The Company has established a Risk Management Committee, which identifies and assesses risks anticipated across the Group and determines priority risks for action.」
The Company has developed group-wide internal controls through the Compliance Promotion Office, whistleblowing system, Audit Department, Risk Management Committee, and Immediate Reporting Rules, among other measures.