Oversight through Collaboration among the Internal Audit Office, Audit & Supervisory Board, and Accounting Auditor
First written in FY2017. 1 of 5 entries say "Advanced", first in FY2018. Latest entry: FY2025.
- FY2025Internal Audit Office: 3 people; quality audits ongoingAnnual report
「The Internal Audit Office (3 people), reporting directly to the president, conducts audits of business operations, internal controls and compliance, among other matters, in coordination and cooperation with the Board of Corporate Auditors and the accounting auditor in accordance with the audit plan.」
The Internal Audit Office was reduced from 4 people in the previous fiscal year to 3. Coordination with the Board of Corporate Auditors and the accounting auditor, as well as internal quality audits based on ISO and other standards, continues. - FY2020Internal Audit Office: 4 people; quality audits ongoingAnnual report
「The Internal Audit Office (4 people), reporting directly to the president, conducts audits of business operations, internal controls and compliance, among other matters, in coordination and cooperation with the Board of Corporate Auditors and the accounting auditor in accordance with the audit plan.」
The Internal Audit Office was described as comprising 4 people, down from 5 in the previous fiscal year. Coordination with the Board of Corporate Auditors and the accounting auditor, as well as internal quality audits based on various standards, continues. - FY2019Internal Audit Office: 5 people; quality audits ongoingAnnual report
「The Internal Audit Office (5 people), reporting directly to the president, conducts audits of business operations, internal controls and compliance, among other matters, in coordination and cooperation with the Board of Corporate Auditors and the accounting auditor in accordance with the audit plan. In addition, it conducts regular internal quality audits based on the Quality Management System international standard ISO9001 (2015 edition), international standard ISO13485 (2016 edition), U.S. 21CFR Part820 (QSR), IVDD (In-vitro Diagnostic Medical Device Directive 98/79/EC), and the Act on Securing Quality, Efficacy and Safety of Products Including Pharmaceuticals and Medical Devices (QMS Ministerial Ordinance No. 169).」
The Internal Audit Office was described as comprising 5 people, down from 7 in the previous fiscal year. Coordination with the Board of Corporate Auditors and the accounting auditor, as well as internal quality audits based on various standards, continues. - FY2018AdvancedAnnual report
「The Internal Audit Office (7 people), reporting directly to the president, conducts audits of business operations, internal controls and compliance, among other matters, in coordination and cooperation with the Board of Corporate Auditors and the accounting auditor in accordance with the audit plan.」
The Internal Audit Office was described as comprising 7 people, up from 5 previously. In addition to coordinating with the Board of Corporate Auditors and the accounting auditor, it conducts regular internal quality audits based on quality management standards and other requirements. - FY2017First statedAnnual report
「The Internal Audit Office (5 people), reporting directly to the president, conducts audits of business operations, internal controls and compliance, among other matters, in coordination and cooperation with the Board of Corporate Auditors and the accounting auditor in accordance with the audit plan. The Board of Corporate Auditors, comprising 3 outside corporate auditors, audits the performance of duties by the directors and the legality of the business operations and reliability of the financial information of the company and its subsidiaries.」
The framework for oversight of business operations, internal controls and compliance through coordination among the Internal Audit Office, the Board of Corporate Auditors comprising 3 outside corporate auditors, and the accounting auditor was described in detail.