Operation of the Internal Audit and Compliance Framework
First written in FY2016. 4 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The company’s internal audits are conducted independently of other business execution functions by the Audit Office, directly overseen by the president and executive officer and staffed by 6 dedicated personnel.」
The company disclosed a highly specialized internal audit framework with 6 dedicated personnel, including holders of CIA, CFE, CISA and USCPA qualifications. - FY2023RestatedAnnual report
「The company’s internal audits are conducted by the Audit Office, a function directly overseen by the president and comprising 5 dedicated personnel. Operating independently of other business execution functions, the Audit Office regularly audits the company and its subsidiaries under the internal audit rules, covering compliance with laws and regulations, the efficiency of business activities, and the development and operation of internal controls, and reports to the representative director and president.」
The company continues to conduct internal audits of itself and its subsidiaries through the Audit Office, directly overseen by the president and staffed by 5 dedicated personnel, with a reporting framework to the Audit and Supervisory Committee and the Board of Directors. - FY2022AdvancedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 6 people, which monitors compliance with laws and regulations, the articles of incorporation and internal rules.」
The Audit Office increased from a 5-person to a 6-person structure, and the company described its operations, including coordination with the Audit and Supervisory Committee, internal audits covering subsidiaries, and reporting to the Board of Directors. - FY2020RestatedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 5 people, which monitors compliance and adherence to internal rules.」
The company continues to have the 5-person Audit Office monitor compliance and adherence to internal rules and coordinate with the corporate auditors. - FY2019AdvancedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 5 people, which monitors compliance and adherence to internal rules.」
The Audit Office increased its staff from the previous 4 people to 5. The company also describes coordination with the corporate auditors, internal audits covering subsidiaries, and coordination with the Compliance Committee and Risk Management Committee. - FY2018RestatedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 4 people, which monitors compliance and adherence to internal rules. The Audit Office and the corporate auditors also coordinate with each other to conduct audits more effectively and efficiently.」
The company continues to have the 4-person Audit Office monitor compliance and adherence to internal rules and coordinate with the corporate auditors. - FY2017AdvancedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 4 people, which monitors compliance and adherence to internal rules.」
The Audit Office increased its staff from the previously stated 3 people to 4, and the company describes the operation of its internal audit framework, including coordination with the corporate auditors. - FY2016First statedAnnual report
「As its internal audit function, the company has established an Audit Office directly overseen by the president and comprising 3 people, which monitors compliance and adherence to internal rules.」
The company describes its internal control and risk management framework, including the Audit Office, corporate auditors, the Compliance Committee and the Risk Management Committee.