Development and Operation of Internal Control and Compliance Systems
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: 2026-06-23.
Sanritsu moved to the "Worse" side of this theme in 2024.
85 other companies' latest entry also says "Restated".
- 2026-06-23RestatedGovernance
「The Audit Department, which reports directly to the Representative Executive Officer and President, conducts audits under the Internal Audit Regulations to determine, through operational and accounting audits, whether the operations of internal departments and subsidiaries are being carried out properly and effectively in accordance with laws and regulations, the articles of incorporation and internal rules. The Group has also established Compliance Regulations applicable to the Group and introduced an internal whistleblowing system to prevent the expansion of damage caused by violations of laws and regulations and other misconduct.」
The Company reconfirmed its existing internal control and compliance framework, including internal audits, Compliance Regulations and the internal whistleblowing system. No new system or change in effectiveness evaluation was described. - FY2025MaterialisedAnnual report
「Based on the investigation findings, the impact of the misconduct on the interim results for the current consolidated fiscal year, comprising the private use of expenses, fraudulent financial reporting, and the provision for allowance for doubtful accounts recorded in connection with these matters, is expected to increase operating profit by ¥60.505 million, ordinary profit by ¥49.243 million, and net income by ¥32.313 million.」
The Company disclosed the impact for the year following the external investigation into misconduct at consolidated subsidiary SLA and elsewhere. Investigation expenses of ¥101.506 million and the impact on profit, including the provision for allowance for doubtful accounts, were also recorded. - FY2025-H1MaterialisedAnnual report
「At SANRITSU LOGISTICS AMERICA Inc. (a consolidated subsidiary of the Company, hereinafter “SLA”), the Company investigated misconduct by a former employee seconded to SLA (hereinafter, the “former employee”), as well as misconduct by certain Company employees who received instructions from the former employee and by SLA employees (hereinafter, the “misconduct”), and received an investigation report from an external investigation firm.」
The Company disclosed that misconduct had occurred at a consolidated subsidiary and among certain employees, and that it had conducted an investigation and received an investigation report from an external investigation firm. No assessment of the effectiveness of the internal control system was provided. - FY2022RestatedAnnual report
「Recognizing its social responsibilities, the Company has resolved at a meeting of the Board of Directors to establish and operate an internal control system that strictly enforces compliance management alongside the enhancement of corporate governance and prevents various risks in advance from the perspective of risk management, under the Basic Policy on the Establishment of an Internal Control System.」
The Company continues to establish and operate systems covering internal audits, whistleblowing, audits of subsidiaries, and internal controls over financial reporting. - FY2017RestatedAnnual report
「Recognizing its social responsibilities, the Company has resolved at a meeting of the Board of Directors to establish and operate an internal control system that strictly enforces compliance management alongside the enhancement of corporate governance and prevents various risks in advance from the perspective of risk management, under the Basic Policy on the Establishment of an Internal Control System.」
The Company continues to establish and operate systems covering internal audits, whistleblowing, audits of subsidiaries, and internal controls over financial reporting. - FY2016First statedAnnual report
「Recognizing its social responsibilities, the Company has resolved at a meeting of the Board of Directors to establish and operate an internal control system that strictly enforces compliance management alongside the enhancement of corporate governance and prevents various risks in advance from the perspective of risk management, under the Basic Policy on the Establishment of an Internal Control System.」
A structure has been established covering internal audits, internal whistleblowing, audits of subsidiaries and internal controls over financial reporting.