Ensuring the Proper Execution of Operations by the Corporate Group, Including the Parent Company and Subsidiaries
First written in FY2017. 2 of 5 entries say "Advanced", first in FY2018. Latest entry: FY2024.
- FY2024RestatedAnnual report
「Under our rules for managing affiliated companies, we seek to ensure the proper execution of subsidiaries' operations by requiring them to report on their business activities and obtain prior approval for important matters.」
The disclosure continues to cover group control through subsidiary reporting and prior approval for important matters under the rules for managing affiliated companies. - FY2022AdvancedAnnual report
「Under our rules for managing affiliated companies, we seek to ensure the proper execution of subsidiaries' operations by requiring them to report on their business activities and obtain prior approval for important matters.」
In addition to the existing group meetings, reporting and Compliance Committee, the disclosure explicitly covers subsidiary reporting and prior approval for important matters under the rules for managing affiliated companies. - FY2019RestatedAnnual report
「The Group has established a Group Compliance Committee to establish group-wide corporate ethics and build compliance and risk management systems.」
The disclosure continues to cover the parent company's group control rules, group meetings, reporting by subsidiaries, the Group Compliance Committee and access by subsidiaries to the internal whistleblowing channel. - FY2018AdvancedAnnual report
「We ensure the effectiveness of compliance across the Group by making our internal whistleblowing reporting contact available to subsidiaries and informing them of its availability.」
In addition to the existing reporting between the parent company and its subsidiaries, group meetings and the Compliance Committee, the parent company's internal whistleblowing channel is also available to subsidiaries. - FY2017First statedAnnual report
「The parent company has established rules concerning group controls, which we comply with. The status of business execution and financial condition, among other matters, are reported at regularly held group meetings. Subsidiaries regularly report their business execution and financial condition, among other matters, to us. Our Group has established a Group Compliance Committee to establish corporate group ethics and develop compliance and risk management systems.」
It describes a framework for ensuring the proper conduct of operations across the corporate group through the parent company's group control rules, regular group meetings, reports from subsidiaries and the Group Compliance Committee.