Annual Audits by an Independent Internal Audit Function
First written in FY2018. 1 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
25 other companies' latest entry also says "Other".
- FY2025Audit Department staffing structure updatedAnnual report
「The Bank has established the Audit Department as its internal audit function, with 15 employees as of the end of March 2025. To enhance the effectiveness of internal audits, the Audit Department is organised directly under the Board of Directors. The director in charge does not concurrently serve in any other specified business execution department, among other measures, ensuring independence from all audited departments. The Bank has established a dual-reporting framework that enables an effective check-and-balance function through coordination with the Audit and Supervisory Committee and the accounting auditor.」
The Audit Department, directly under the Board of Directors with its independence secured, was disclosed as having 15 employees as of the end of March 2025, along with a dual-reporting framework. - FY2023Audit Department staffing structure updatedAnnual report
「The Bank has established the Audit Department as its internal audit function, with 14 employees as of the end of March 2023. To enhance the effectiveness of internal audits, the Audit Department is organised directly under the Board of Directors. The director in charge does not concurrently serve in any other specified business execution department, among other measures, ensuring independence from all audited departments. The Bank has established a dual-reporting framework that enables an effective check-and-balance function through coordination with the Audit and Supervisory Committee and the accounting auditor.」
The Audit Department, directly under the Board of Directors with its independence secured, was disclosed as having 14 employees as of the end of March 2023. A dual-reporting framework involving coordination with the Audit and Supervisory Committee and the accounting auditor was also described. - FY2022Audit Department staffing structure updatedAnnual report
「The Bank has established the Audit Department as its internal audit function, with 13 employees as of the end of March 2022. To enhance the effectiveness of internal audits, the Audit Department is organised directly under the Board of Directors. The director in charge does not concurrently serve in any other specified business execution department, among other measures, ensuring independence from all audited departments.」
The Audit Department, directly under the Board of Directors with its independence secured, was disclosed as having 13 employees as of the end of March 2022. - FY2021AdvancedAnnual report
「The Bank has established the Audit Department as its internal audit function, with 15 employees as of the end of March 2021. To enhance the effectiveness of internal audits, the Audit Department is organised directly under the Board of Directors. The director in charge does not concurrently serve in any other specified business execution department, among other measures, ensuring independence from all audited departments and an effective check-and-balance function.」
It was confirmed that the independent Audit Department directly under the Board of Directors had 15 employees as of the end of March 2021 and that audit results were reported to the Board of Directors. - FY2018First statedAnnual report
「The Audit Department is positioned as an organisation directly under the Board of Directors and maintains independence from all audited departments, ensuring an effective check-and-balance function. With the approval of the Board of Directors, the Audit Department formulates an annual Internal Audit Plan and conducts audits accordingly.」
The establishment of an Audit Department directly under the Board of Directors, with its independence secured, and a 15-person structure as of the end of March 2018, conducting audits based on an annual internal audit plan, was included in a thread for the first time.