Overall oversight by the Risk Management and Compliance Committee
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Risk Management and Compliance Committee receives action plans for addressing risks and opportunities and progress reports from the divisions working on issues, including sustainability-related matters, and operates a system for evaluating and managing them.」
The Committee continues to receive sustainability-related action plans and progress reports from each division and evaluate and manage risks and opportunities. - FY2023ReframedAnnual report
「Governance for evaluating and managing sustainability-related risks and opportunities across the Group is conducted by the Risk Management and Compliance Committee.」
In addition to its existing overall management of risk and compliance, the Committee’s remit now expressly includes the evaluation and management of sustainability-related risks and opportunities. - FY2022RestatedAnnual report
「The Risk Management and Compliance Committee comprises 6 directors excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors, for a total of 10 members… The system allows for 4 regular meetings annually and extraordinary meetings as needed.」
The Company continues to centrally manage risk and compliance through a committee comprising 10 members, with 4 regular meetings annually and extraordinary meetings as needed. - FY2020Expansion of the membership of the Risk and Compliance CommitteeAnnual report
「The Risk Management and Compliance Committee comprises 6 directors excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors, for a total of 10 members. In addition to 4 regular meetings annually, the Committee may hold extraordinary meetings as needed.」
The Committee’s membership expanded from 8 members in the previous fiscal year to 10. The system of overall management through 4 regular meetings annually and extraordinary meetings has been maintained. - FY2019Reduction in the membership of the Risk and Compliance CommitteeAnnual report
「The Risk Management and Compliance Committee comprises 4 directors excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors, for a total of 8 members. In addition to 4 regular meetings annually, the Committee may hold extraordinary meetings as needed.」
The Committee’s membership decreased from 9 members in the previous fiscal year to 8. The system of overall management through 4 regular meetings annually and extraordinary meetings as needed has been maintained. - FY2018RestatedAnnual report
「The Risk Management and Compliance Committee comprises 5 directors excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors, for a total of 9 members. In addition to 4 regular meetings annually, the Committee may hold extraordinary meetings as needed.」
The Company continues to centrally manage risk and compliance through a committee directly under the Board of Directors, with 4 regular meetings annually and extraordinary meetings as needed. - FY2017RestatedAnnual report
「The Risk Management and Compliance Committee comprises 5 directors excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors, for a total of 9 members. In addition to 4 regular meetings annually, the Committee may hold extraordinary meetings as needed.」
The Company continues to centrally manage risk and compliance through a committee directly under the Board of Directors, with 4 regular meetings annually and the ability to hold extraordinary meetings. - FY2016First statedAnnual report
「The Company has established the Risk Management and Compliance Committee, an organisation directly under the Board of Directors that promotes risk management and centrally manages various risks associated with corporate activities. In accordance with the Risk Management Regulations, the Company also ensures thorough risk management.」
The disclosure describes a system under which a committee directly under the Board of Directors manages risk information identification, preventive measures, analysis of incidents and measures to prevent recurrence across the Group.