Internal audits and evaluation of internal controls over financial reporting by the audit office reporting directly to the President
First written in FY2019. 1 of 4 entries say "Softened", first in FY2020. Latest entry: FY2026.
12 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company's internal audits are conducted by the Audit Office, a department reporting directly to the President, which has a staff of 4.」
The company continues to have the Audit Office reporting directly to the President evaluate the internal management system and internal controls over financial reporting. Its stated staff has increased from 3 to 4. - FY2023RestatedAnnual report
「The company's internal audits are conducted by the Audit Office, a department reporting directly to the President, which has a staff of 3. The Audit Office formulates an annual audit plan, comprehensively and objectively evaluates the adequacy of the organization's internal management system, makes recommendations for improvement and follows up on identified issues, and evaluates the effectiveness of the establishment and operation of internal controls over financial reporting.」
The company continues to have its 3-member Audit Office reporting directly to the President formulate the annual audit plan, evaluate the internal management system, make recommendations for improvement and follow up, and evaluate internal controls over financial reporting. - FY2020SoftenedAnnual report
「The company's internal audits are conducted by the Audit Office, a department reporting directly to the President, which has a staff of 3. The Audit Office formulates an annual audit plan, comprehensively and objectively evaluates the adequacy of the organization's internal management system, makes recommendations for improvement and follows up on identified issues, and evaluates the effectiveness of the establishment and operation of internal controls over financial reporting.」
The functions of the Audit Office reporting directly to the President continue, but its stated staff has decreased from 5 to 3. - FY2019First statedAnnual report
「The company's internal audits are conducted by the Audit Office, a department reporting directly to the President, which has a staff of 5. The Audit Office formulates an annual audit plan, comprehensively and objectively evaluates the adequacy of the organization's internal management system, makes recommendations for improvement and follows up on identified issues, and evaluates the effectiveness of the establishment and operation of internal controls over financial reporting.」
The company has identified for the first time as a separate topic its structure in which the 5-member Audit Office reporting directly to the President formulates the annual audit plan, evaluates the internal management system, makes recommendations for improvement and follows up, and evaluates the effectiveness of internal controls over financial reporting.