Oversight Framework Involving the Audit & Supervisory Board, Internal Audit and the Compliance Committee
First written in FY2016. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: 2026-04-30.
22 other companies' latest entry also says "Advanced".
- 2026-04-30AdvancedChanges in Directors and Officers
「Candidate for new Audit & Supervisory Board member: Soichi Toyama (遠山 壮一), currently Head of Toyama Certified Public Accountant Office」
The appointment of an independent outside Audit & Supervisory Board member candidate was made concrete, subject to approval at the Annual General Meeting of Shareholders scheduled for 25 June 2026. - FY2025AdvancedAnnual report
「During the fiscal year, the Company held meetings of the Board of Corporate Auditors at least once a month in principle, and the attendance of each corporate auditor was as follows.」
The Company held 14 meetings of the Board of Corporate Auditors during the fiscal year, and all 3 corporate auditors attended all 14 meetings. For internal audits, the disclosure describes 12 reports a year to the representative director and 12 reports a year to the Board of Corporate Auditors, as well as follow-up audits. - FY2024AdvancedAnnual report
「For internal audits, the Audit Department, an organization independent of the business execution divisions, conducts internal audits of each business execution division based on the Internal Audit Regulations and the Basic Business Audit Plan prepared each fiscal year, and regularly reports the results to the representative director 12 times a year.」
The Audit Department’s regular reports to the representative director increased to 12 times a year. The Company also conducts written reporting by the responsible division and follow-up audits regarding issues identified through internal audits. The disclosure describes a structure under which reports are made once a year to the Board of Directors and 12 times a year to the Board of Corporate Auditors. - FY2023AdvancedAnnual report
「For internal audits, the Audit Department, an organization independent of the business execution divisions, conducts internal audits of each business execution division based on the Internal Audit Regulations and the Basic Business Audit Plan prepared each fiscal year, and regularly reports the results to the representative director 10 times a year.」
The disclosure specifies that the Audit Department reports 10 times a year to the representative director, once a year to the Board of Directors and 9 times a year to the Board of Corporate Auditors. - FY2022AdvancedAnnual report
「The Company has adopted a corporate auditor system under which corporate auditors attend important meetings, including meetings of the Board of Directors, express their opinions and supervise the execution of directors’ duties, thereby maintaining a management oversight structure. As part of its internal audit structure, the Company has also established an Audit Department consisting of 1 person, which audits the Company’s operations, identifies issues and proposes corrective measures.」
In addition to oversight by corporate auditors at important meetings, the Company conducts internal audits and proposes improvements through its 1-person Audit Department. The disclosure also describes an oversight structure including 3 outside directors and 2 outside corporate auditors. - FY2021AdvancedAnnual report
「As part of its internal audit structure, the Company has established an Audit Department consisting of 1 person, which audits the Company’s operations, identifies issues and proposes corrective measures. During the fiscal year, the Company held meetings of the Board of Corporate Auditors at least once a month in principle, and the attendance of each corporate auditor was as follows.」
The disclosure specifies internal audits by the 1-person Audit Department, 13 meetings of the Board of Corporate Auditors during the fiscal year, and attendance by all 3 members at all 13 meetings. The Board of Corporate Auditors considered the operation of the Board of Directors, internal controls and the response to the COVID-19 pandemic, among other matters. - FY2019AdvancedAnnual report
「The Company has adopted a corporate auditor system consisting of 3 corporate auditors, including 1 full-time corporate auditor and 2 part-time corporate auditors, thereby strengthening its management oversight function. The Board of Directors consists of 6 directors, including 1 representative director. When an important matter arises, an extraordinary meeting of the Board of Directors is held as needed to enable swift management decisions. The Articles of Incorporation limit the number of directors to 10 or fewer. Resolutions on the election of directors require the attendance of shareholders holding at least one-third of the voting rights exercisable by shareholders and approval by a majority of the voting rights of those shareholders present; director elections are not conducted by cumulative voting.」
While maintaining a 3-corporate-auditor structure, the Company now has 6 directors and describes a system for making swift decisions through extraordinary meetings of the Board of Directors. - FY2018RestatedAnnual report
「The Company has adopted a corporate auditor system consisting of 3 corporate auditors, including 1 full-time corporate auditor and 2 part-time corporate auditors, thereby strengthening its management oversight function. The Board of Directors consists of 9 directors, including 1 representative director. When an important matter arises, an extraordinary meeting of the Board of Directors is held as needed to enable swift management decisions. The Company has also established a Compliance Committee and implements various measures, particularly to address the Act on the Protection of Personal Information.」
The Company has reconfirmed its oversight and swift decision-making structure involving 3 corporate auditors, the Board of Directors, extraordinary meetings of the Board of Directors and the Compliance Committee. - FY2017RestatedAnnual report
「The Company has adopted a corporate auditor system consisting of 3 corporate auditors, including 1 full-time corporate auditor and 2 part-time corporate auditors, thereby strengthening its management oversight function.」
The Company has reconfirmed its oversight and internal control structure comprising 3 corporate auditors, the Audit Department, outside officers and the Compliance Committee, among other bodies. - FY2016First statedAnnual report
「The Company has adopted a corporate auditor system consisting of 3 corporate auditors, including 1 full-time corporate auditor and 2 part-time corporate auditors, thereby strengthening its management oversight function.」
Management oversight and internal checks are conducted through the corporate auditor system, the Audit Department, outside officers and the Compliance Committee, among other mechanisms.