Group-wide Risk Management and Audit Framework
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The document states that there have been no new risks or material changes concerning the business or other matters. - FY2024AdvancedAnnual report
「The Company has established an Internal Audit Office as the department responsible for audits. The office has 4 dedicated staff members: 1 head of the Internal Audit Office and 3 Internal Audit Office staff members.」
The number of dedicated staff in the Internal Audit Office increased from the 3 stated previously to 4, while the procedures for internal audit reporting, improvement directives and confirmation of corrective-action status continue. - FY2023AdvancedAnnual report
「The Company has established an Internal Audit Office as the department responsible for audits. The office has 3 dedicated staff members: 1 head of the Internal Audit Office and 2 Internal Audit Office staff members. Internal audits are conducted based on an internal audit plan approved by the Board of Directors, and internal audit reports are prepared and submitted to the Company's representative director and president. When improvement measures or other actions are required, the Company's representative director and president issues recommendations for improvement to the head of the audited department in the form of a written improvement directive.」
The document specifies 3 dedicated staff members in the Internal Audit Office and details the corrective process through audit reporting, recommendations for improvement and improvement reporting. - FY2022AdvancedAnnual report
「The Audit and Supervisory Board also invites the independent accounting auditor and the head of the Internal Audit Office to hold tripartite audit meetings at least 4 times a year.」
The document describes a framework under which the Risk Management Committee meets at least twice a year and the Internal Audit Office audits every department of the Company and its Group companies once a year. Tripartite audit meetings are also held at least 4 times a year. - FY2022-Q2RestatedAnnual report
「Amid these economic conditions, the group worked to strengthen its group management platform and improve the accuracy of budget-versus-actual management, target management and risk management.」
The document describes continuous efforts to improve the accuracy of group-wide risk management. - FY2021First statedAnnual report
「The Group holds committee meetings at least twice a year to deliberate on the approval of risk assessments and related responses. The Internal Audit Office conducts internal audits of the Company and its Group companies.」
A management framework covering each Group company has been established through the Risk Management Committee, Compliance Committee and Internal Audit Office.