Internal audits by the Internal Control Committee and Corporate Planning Office and ensuring the reliability of financial reporting
First written in FY2017. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2023.
66 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Internal audits are conducted under the Internal Audit Regulations by the Internal Control Committee, chaired by the Representative Director, which serves as the company’s internal audit and internal control audit department. The committee consists of the Director and General Manager of the Administration Division and 3 employees belonging to the Administration Division, for a total of 4 members. A further 4 employees from the Administration Division, Sales Division, and Product Division assist with internal control audits.」
The company continues to disclose the operating structure for internal audits and internal control audits, consisting of 4 members of the Internal Control Committee and 4 employees responsible for support activities. - FY2022AdvancedAnnual report
「Internal audits are conducted under the Internal Audit Regulations by the Internal Control Committee, chaired by the Representative Director, which serves as the company’s internal audit and internal control audit department. The committee consists of the Director and General Manager of the Administration Division and 3 employees belonging to the Administration Division, for a total of 4 members. A further 4 employees from the Administration Division, Sales Division, and Product Division assist with internal control audits.」
The company specifically discloses its audit operating structure, including 4 members of the Internal Control Committee, 4 employees responsible for support activities, and the participation of the full-time Audit and Supervisory Committee Member as an observer. - FY2018AdvancedAnnual report
「Internal control audits are appropriately conducted by the Internal Control Committee, chaired by the Representative Director and President, which prepares an internal control audit plan and develops and operates the internal control system in accordance with its basic policy.」
The company specifically discloses the Internal Control Committee’s preparation of an audit plan, the development and operation of the internal control system, and the status of audit implementation. - FY2017First statedAnnual report
「The Internal Control Committee coordinates with 1 member of the Corporate Planning Office, conducts internal audits, and serves as a check on operating divisions working to prevent misconduct.」
The company describes a system in which the Internal Control Committee and Corporate Planning Office conduct internal audits in cooperation to prevent misconduct and provide checks on operating divisions. It also identifies the development of internal controls to ensure the reliability of financial reporting.