Cross-Functional Management by the Compliance and Risk Management Committee
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2021.
Himaraya moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
1 other company's latest entry also says "Softened".
- FY2021SoftenedAnnual report
「The Compliance and Risk Management Committee is chaired by the head of the Administrative Headquarters, with the president serving as compliance officer. Its members comprise full-time directors and heads of headquarters, who serve as compliance and risk committee members, together with external experts, including attorneys, certified public accountants, tax accountants and academics. The committee generally meets at least once a year,」
Cross-functional management by a committee including external experts continues, but the stated meeting frequency has changed from “once every half-year in principle” to “at least once a year in principle.” - FY2018RestatedAnnual report
「The Compliance and Risk Management Committee is chaired by the head of the Administrative Headquarters, with the president serving as compliance officer. Its members comprise full-time directors and heads of headquarters, who serve as compliance and risk committee members, together with external experts, including attorneys, certified public accountants, tax accountants and academics. The committee generally meets once every half-year and serves as the organisation overseeing compliance across the company. It advises on and evaluates the company’s compliance and risk management systems, measures and activities, provides information relating to compliance and risk, and provides other advice, evaluations and awareness-building concerning compliance and risk.」
The company reiterates a mechanism under which a committee including external experts meets once every half-year in principle and oversees compliance and risk on a cross-functional basis. - FY2017First statedAnnual report
「The Compliance and Risk Management Committee is chaired by the head of the Administrative Headquarters, with the president serving as compliance officer. Its members comprise full-time directors and heads of headquarters, who serve as compliance and risk committee members, together with external experts, including attorneys, certified public accountants, tax accountants and academics. The committee generally meets once every half-year and serves as the organisation overseeing compliance across the company. It advises on and evaluates the company’s compliance and risk management systems, measures and activities, provides information relating to compliance and risk, and provides other advice, evaluations and awareness-building concerning compliance and risk.」
The company specifically describes a mechanism under which the Compliance and Risk Management Committee, including external experts, meets once every half-year and oversees compliance and risk on a cross-functional basis.