Transition to a Company with an Audit and Supervisory Committee and Strengthening Internal Controls and Risk Management
First written in FY2017. 5 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「The Board of Directors also resolved to make partial changes at its meeting held on 20 May 2025.」
The Company resolved to make partial changes to its internal control system at the Board of Directors meeting held on 20 May 2025. The Internal Audit Office has 2 dedicated personnel, and the system for direct reporting to the Board of Directors and Audit and Supervisory Committee members remains in place. - FY2024AdvancedAnnual report
「In addition, to ensure the effectiveness of internal audits, the Company has established a system under which evaluations of the development and operation of internal controls are reported directly not only to the President but also to the Board of Directors and Audit and Supervisory Committee members.」
For the Internal Audit Office reporting directly to the President, the Company additionally specified a system for reporting internal control evaluations directly to the Board of Directors and Audit and Supervisory Committee members, as well as to the President. The Internal Audit Office has 2 dedicated personnel. - FY2022AdvancedAnnual report
「The Board of Directors also resolved to make partial changes at its meeting held on 20 April 2021. The internal control system is positioned as the infrastructure for implementing these measures, and the Company will continue to enhance and strengthen it. As its internal audit function, the Company has established the Internal Audit Office, an organisation reporting directly to the President, with 2 dedicated personnel as of 24 May 2022.」
The Company resolved to make partial changes to its internal control system at the Board of Directors meeting held on 20 April 2021 and continues to operate an audit and reporting structure through the Internal Audit Office reporting directly to the President. It has 2 dedicated personnel. - FY2021Dedicated Internal Audit Staff Reduced to 2Annual report
「As its internal audit function, the company has established an Internal Audit Office, an organization reporting directly to the president, with 2 dedicated staff members as of 25 May 2021.」
The number of dedicated staff in the Internal Audit Office decreased from 3 previously to 2. The Internal Audit Office continues to conduct operational audits and report to the president. - FY2020Dedicated Internal Audit Staff Reduced from 4 to 3Annual report
「As its internal audit function, the company has established an Internal Audit Office, an organization reporting directly to the president, with 3 dedicated staff members as of 26 May 2020.」
The number of dedicated staff in the Internal Audit Office decreased from the 4 previously stated to 3. - FY2019AdvancedAnnual report
「As its internal audit function, the company has established an Internal Audit Office, an organization reporting directly to the president, with 4 dedicated staff members as of 28 May 2019.」
The number of dedicated staff in the Internal Audit Office reporting directly to the president increased from the 3 previously stated to 4. - FY2018AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 September 2017, the company resolved to make partial changes. It positions the internal control system as infrastructure for achieving these objectives and will continue to enhance and strengthen it. As its internal audit function, the company has established an Internal Audit Office, an organization reporting directly to the president, with 3 dedicated staff members as of 29 May 2018.」
The company partially amended its basic policy on the internal control system in September 2017 and specifically described the operation of the Internal Audit Office, which reports directly to the president, with 3 dedicated staff members. - FY2017First statedAnnual report
「In May 2016, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. It positions the internal control system as infrastructure for achieving these objectives and will continue to enhance and strengthen it.」
The company described the transition to a company with an Audit and Supervisory Committee and presented the policy of continuously enhancing and strengthening its internal control system.