Strengthening the Risk and Compliance Framework and Internal Control
First written in FY2018. 1 of 3 entries say "Raised", first in FY2022. Latest entry: FY2023.
- FY2023RestatedAnnual report
「When conducting M&A, the Group will introduce common management methods so that effective Group-wide controls apply to core management matters, including business performance and compliance, and that responses to future developments can be made at an early stage. It will also apply its internal control system throughout the Group to strengthen governance and enhance the compliance framework across the Group.」
The policy of applying common management methods and the internal control system throughout the Group, including M&A targets, remains in place. - FY2022RaisedAnnual report
「When conducting M&A, the Group will introduce common management methods so that effective Group-wide controls apply to core management matters, including business performance and compliance, and that responses to future developments can be made at an early stage. It will also apply its internal control system throughout the Group to strengthen governance and enhance the compliance framework across the Group.」
The scope has been expanded from the previous basic policy on internal controls and the development of training and whistleblowing systems to a Group-wide framework applying common management methods and the internal control system to all Group companies, including M&A targets. - FY2018First statedAnnual report
「As part of efforts to strengthen corporate governance, the Group has established a basic policy on internal controls and will work to further strengthen corporate governance through the reliable operation of this policy, stronger messaging from top management, enhanced compliance training and expanded whistleblowing systems.」
For the first time, the company has provided a consolidated description of measures to strengthen controls by combining the basic policy on internal controls, messages from top management, compliance training and the whistleblowing system.