Development of the Internal Audit, Internal Control and Risk Management Framework
First written in FY2017. 2 of 6 entries say "Restated". Latest entry: 2026-06-30.
- 2026-06-30WorsenedGovernance
「We determined that deficiencies existed in the internal control over the impairment evaluation process for fixed assets and that, because these deficiencies had a material impact on financial reporting, they constituted “material deficiencies requiring disclosure.”」
A deficiency with a material impact on financial reporting was identified in the impairment evaluation process for fixed assets. Corrective measures included enhanced training, use of external experts and a review of the preparation and verification processes. - FY2025Sustainability activities added to the scope of internal auditsAnnual report
「In addition, the Internal Audit Office will audit the activities and specific implementation status of the Sustainability Committee, issue recommendations for corrective action regarding issues and areas for improvement, and report to the Board of Directors.」
In addition to its existing roles in internal auditing, internal controls and risk management, the Internal Audit Office's role in auditing the Sustainability Committee's activities and implementation status and issuing recommendations for corrective action has been explicitly stated. - FY2021RestatedAnnual report
「In particular, in the event of a pandemic, we will ensure that employees follow infection-prevention measures, secure and distribute necessary supplies such as masks, and actively implement measures including staggered commuting and remote work if commuting becomes difficult.」
Measures for responding to a pandemic, including infection prevention, securing necessary supplies, staggered commuting, remote work and a business continuity plan, continue to be disclosed. - FY2020Pandemic response and business continuity measures addedAnnual report
「In particular, in the event of a pandemic, we will ensure that employees follow infection-prevention measures, secure and distribute necessary supplies such as masks, and actively implement measures including staggered commuting and remote work if commuting becomes difficult.」
In addition to the existing internal audit and risk information management measures, specific responses were added for pandemics, including infection prevention, securing necessary supplies, staggered commuting, remote work, and the formulation and implementation of a business continuity plan. - FY2018RestatedAnnual report
「We will collect and manage information on risks surrounding the operating environment, establish rules as necessary, and work to mitigate risks and prevent their occurrence.」
The internal control and risk management structure using the Internal Audit Office, Audit and Supervisory Committee, subsidiary management, compliance rules and management crisis management regulations continues to be disclosed. - FY2017First statedAnnual report
「We will collect and manage information on risks surrounding the operating environment, establish rules as necessary, and work to mitigate risks and prevent their occurrence.」
A comprehensive structure for internal control and risk management is described for the first time, using the Internal Audit Office, Audit and Supervisory Committee, subsidiary management, compliance rules and management crisis management regulations.