Establishment of an Internal Reporting, Internal Audit and Risk Management Framework
First written in FY2017. 2 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2022.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2022Changed to 5 members in the Internal Audit OfficeAnnual report
「The Internal Audit Office, comprising 5 members and reporting directly to the president, audits each store and department, focusing on operational efficiency and appropriateness and risk management, and shares the audit results with the Audit and Supervisory Committee to identify issues. It also conducts internal audits of subsidiaries.」
The company stated that the Internal Audit Office comprises 5 members and continues to audit stores, departments, and subsidiaries and share the results with the Audit and Supervisory Committee. - FY2021Risk Management Committee operations specified; Internal Audit Office reducedAnnual report
「The Group has established a Risk Management Committee, which regularly identifies risks associated with its business activities and, in principle, evaluates and selects material risks each year for consideration as management issues and other priorities for the following fiscal year.」
The company specified the evaluation, selection, and monitoring of material risks by the company-wide Risk Management Committee. Meanwhile, the Internal Audit Office reporting directly to the president changed from 6 to 4 members. - FY2020Change in the number of members of the Internal Audit OfficeAnnual report
「The Internal Audit Office, comprising 6 members and reporting directly to the president, audits each store and department, focusing on operational efficiency and appropriateness and risk management, and shares the audit results with the Audit and Supervisory Committee to identify issues. It also conducts internal audits of subsidiaries.」
The Internal Audit Office reporting directly to the president changed from the 7 members stated previously to 6 members. Audits of subsidiaries, in addition to stores and departments, and the sharing of results with the Audit and Supervisory Committee continue. - FY2019AdvancedAnnual report
「The Internal Audit Office, comprising 7 members and reporting directly to the president, audits each store and department, focusing on operational efficiency and appropriateness and risk management, and shares the audit results with the Audit and Supervisory Committee to identify issues. It also conducts internal audits of subsidiaries.」
The Internal Audit Office increased from 5 to 7 members and continues to audit stores, departments, and subsidiaries. - FY2018AdvancedAnnual report
「The Internal Audit Office, comprising 5 members and reporting directly to the president, audits each store and department, focusing on operational efficiency and appropriateness and risk management, and shares the audit results with the Audit and Supervisory Committee to identify issues. It also conducts internal audits of subsidiaries.」
The company described the operation whereby the 5-member Internal Audit Office reporting directly to the president audits stores, departments, and subsidiaries and shares the results with the Audit and Supervisory Committee. - FY2017First statedAnnual report
「Where conduct involving a compliance concern occurs or comes to light, the company will maintain an internal whistleblowing system that allows directors and employees to report anonymously to external organizations, thereby fostering a corporate culture that overlooks neither the smallest misconduct nor scandals.」
The company described the Group's internal control and risk management systems, including anonymous internal whistleblowing, an Internal Audit Office reporting directly to the president, an Internal Control Committee, and a response headquarters established in the event of a crisis.