Evaluating the Effectiveness of the Audit & Supervisory Board and Strengthening Audit Coordination
First written in FY2021. 2 of 5 entries say "Restated". Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the Audit & Supervisory Board met 17 times in total, and each regular meeting took approximately 2 hours and 30 minutes on average.」
The effectiveness assessment of the Audit & Supervisory Board was conducted under a framework covering risk identification, key audit items, comparison with the plan, the audit environment, and coordination with the auditors and the Internal Audit Office. The company disclosed that the board met 17 times during the year and identified its key audit items. - FY2025ReframedAnnual report
「The effectiveness evaluation is conducted from the perspectives of confirming the risks surrounding the company, reviewing key audit items, comparing audit activities with the plan, reviewing the operation of the Audit & Supervisory Board, assessing the development of the audit environment, and cooperation with the accounting auditor and the Internal Audit Office. The results are reflected in the audit policy and audit plan for the following fiscal year.」
The effectiveness assessment of the Audit & Supervisory Board was reorganized from the previous four perspectives into a broader evaluation framework including risk reviews, priority audit items, and comparisons with the plan. - FY2023RestatedAnnual report
「The Audit & Supervisory Board conducts an effectiveness evaluation of the board each fiscal year. The evaluation covers four perspectives: audit activities, the operation of the Audit & Supervisory Board, the audit environment, and cooperation with the accounting auditor and the Internal Audit Office. The results are reflected in the audit policy and audit plan for the following fiscal year.」
The annual effectiveness assessment of the Audit & Supervisory Board, assessment from 4 perspectives, and reflection of the results in the following year's audit policy and plan have continued. The Audit & Supervisory Board met 16 times during the fiscal year. - FY2022RestatedAnnual report
「The Audit & Supervisory Board evaluates its effectiveness each fiscal year. The evaluation covers four perspectives: audit activities, the operation of the Audit & Supervisory Board, the audit environment, and coordination with the accounting auditor and the Internal Audit Department. The results are reflected in the audit policy and audit plan for the following fiscal year.」
The system of conducting an annual effectiveness evaluation of the Audit & Supervisory Board and reflecting the results in the audit policy and plan for the following year from four perspectives remains in place. - FY2021First statedAnnual report
「The Audit & Supervisory Board evaluates its effectiveness each fiscal year. The evaluation covers four perspectives: audit activities, the operation of the Audit & Supervisory Board, the audit environment, and coordination with the accounting auditor and the Internal Audit Department. The results are reflected in the audit policy and audit plan for the following fiscal year.」
First standalone disclosure of a system under which the Audit & Supervisory Board conducts an annual effectiveness evaluation from four perspectives and reflects the results in the following year’s audit policy and plan.