Audits and Improvements by the Internal Control Committee and Internal Control Office
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Other".
- FY2026Updated the composition of the Internal Control CommitteeAnnual report
「For internal audits, an Internal Control Committee comprising 4 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The disclosure describes a system in which the Internal Control Committee comprises 4 members and conducts assessments, provides advice and guidance, and makes recommendations for corrective action. Separately, annual internal audits by the 2-person Internal Control Office and direct reporting to the Board of Directors and the Audit & Supervisory Board continue. - FY2025Providing More Detail on Internal Audit Reporting and RemediationAnnual report
「For internal audits, an Internal Control Office with 2 staff members has been established at head office to audit the company and its group companies based on an annual internal audit plan. Based on the audit results, the office provides advice and recommendations to the relevant operating departments on internal control issues and improvement measures, with the aim of further strengthening internal controls. For verification of operations at each sales and administrative site and department, internal audits are conducted to assess compliance with operating rules and legality. Where necessary, the company exchanges information with Grant Thornton Taiyo LLC, its accounting auditor, and has a system for receiving guidance and advice. The results of internal audits and the status of implementing improvements in response to internal audit findings are also reported directly and regularly to the Board of Directors, the Audit & Supervisory Board members, and the Audit & Supervisory Board.」
The disclosure describes the system for annual audits by the 2-person Internal Control Office, audits of group companies, information exchanges with the accounting auditor, and direct reporting of audit results and the status of implementing improvements to the Board of Directors and the Audit & Supervisory Board. - FY2024Specified the internal-audit frameworkAnnual report
「For internal audits, an Internal Control Office with 2 staff members has been established at head office to audit the company and its group companies based on an annual internal audit plan. Based on the audit results, the office provides advice and recommendations to the relevant operating departments on internal control issues and improvement measures, with the aim of further strengthening internal controls.」
The disclosure specifies the operation of the 2-person Internal Control Office, the annual audit plan, audits of group companies, and the provision of advice and recommendations for improvement. - FY2023RestatedAnnual report
「For internal audits, an Internal Control Committee comprising 5 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The company has reaffirmed the process under which the 5-member Internal Control Committee conducts assessments and provides advice, guidance, and recommendations for corrective action, as well as the annual audit plan prepared by the Internal Control Office. - FY2021RestatedAnnual report
「For internal audits, an Internal Control Committee comprising 5 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The company has reaffirmed the process under which the 5-member Internal Control Committee conducts assessments and provides advice, guidance, and recommendations for corrective action. - FY2019RestatedAnnual report
「For internal audits, an Internal Control Committee comprising 5 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The company has reaffirmed the process under which the 5-member Internal Control Committee conducts assessments and provides advice, guidance, and recommendations for corrective action. - FY2018RestatedAnnual report
「For internal audits, an Internal Control Committee comprising 5 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The company has reaffirmed the process under which the 5-member Internal Control Committee conducts assessments and provides advice, guidance, and recommendations for corrective action. It also describes the annual internal audit plan and recommendations for improvement by the 1-person Internal Control Office. - FY2017First statedAnnual report
「For internal audits, an Internal Control Committee comprising 5 members has been established to objectively and comprehensively assess the achievement of key internal control objectives, including the effectiveness and efficiency of operations, the reliability of financial reporting, compliance with laws and regulations, and the safeguarding of assets, and to provide advice, guidance, and recommendations for corrective action to resolve issues.」
The disclosure describes the annual audit plan and the process for providing advice and recommendations for improvement through the 5-member Internal Control Committee and the Internal Control Office, which has 1 staff member.