Establishment of Internal Control Systems and Risk Management Framework
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2023.
- FY2023Management of sustainability by the management committee and Board of DirectorsAnnual report
「Regarding initiatives to address management issues and environmental and social issues, activities are reported at the monthly Group Management Committee and Board of Directors meetings, where progress is monitored and responses to risks and opportunities are discussed.」
In addition to the existing internal control and risk management framework, the company set out a framework under which sustainability issues are reported, progress is monitored and responses are discussed by the Group Management Committee and Board of Directors. - FY2022RestatedAnnual report
「Regarding risk management, we established a Risk Management Manual to ensure a prompt and appropriate response when risks arise, formulate basic policies and establish appropriate response measures, and work to prevent risks from occurring and prevent recurrence after they have been resolved. Material risk information is reported to the Administration Division through prescribed procedures. The General Manager of the Administration Division and the heads of each department manage risks, report them to the Audit & Supervisory Board, accounting auditor and Board of Directors, and consider and implement response measures.」
The company reconfirmed its risk management framework covering the Risk Management Manual, reporting procedures, prevention before occurrence and prevention of recurrence. - FY2019RestatedAnnual report
「Regarding risk management, we established a Risk Management Manual to ensure a prompt and appropriate response when risks arise, formulate basic policies and establish appropriate response measures, and work to prevent risks from occurring and prevent recurrence after they have been resolved.」
The company reconfirmed its risk management framework based on the Risk Management Manual, prevention before occurrence, prevention of recurrence after occurrence and reporting procedures. - FY2018AdvancedAnnual report
「Regarding risk management, we established a Risk Management Manual, formulate basic policies and establish appropriate response measures, and work to prevent risks from occurring and prevent recurrence after they have been resolved. Material risk information is reported to the Administration Division through prescribed procedures. The General Manager of the Administration Division and the heads of each department manage risks, report them to the Audit & Supervisory Board, accounting auditor and Board of Directors, and consider and implement response measures.」
The company specified the Risk Management Manual, reporting procedures and measures for preventing risks before they occur and preventing recurrence. - FY2017First statedAnnual report
「Our group recognizes the importance of establishing an internal control system to ensure proper business operations. The Board of Directors determines the basic policy for the internal control system, and we work to establish various internal rules for proper business execution while having the Internal Audit Group audit the system's effectiveness and appropriateness.」
The company set out its policy for establishing internal controls through the basic policy determined by the Board of Directors, internal rules and audits of effectiveness and appropriateness by Internal Audit.