Group Controls through Subsidiary Management and Internal Auditing
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「In addition, the company's Internal Audit Office regularly audits whether the business activities of each subsidiary are conducted properly and efficiently in compliance with internal rules and other requirements, and reports the results to the company's representative director and president.」
The company continues to maintain group controls through its rules for managing affiliated companies, workflow processes, attendance by the president at subsidiary board meetings, and regular audits by the Internal Audit Office. - FY2021RestatedAnnual report
「In addition, the company's Internal Audit Office regularly audits whether the business activities of each subsidiary are conducted properly and efficiently in compliance with internal rules and other requirements, and reports the results to the company's representative director and president.」
The company continues to maintain group controls through its rules for managing affiliated companies, workflow processes, attendance by the president at subsidiary board meetings, and regular audits by the Internal Audit Office. - FY2020RestatedAnnual report
「The company's Internal Audit Office regularly audits whether the business activities of each subsidiary are conducted properly and efficiently in compliance with internal rules and other requirements, and reports the results to the company's representative director and president.」
The company continues to maintain group controls through its rules for managing affiliated companies, workflow processes, attendance by the president at subsidiary board meetings, and regular audits by the Internal Audit Office. - FY2018First statedAnnual report
「As part of its system for ensuring the proper conduct of the operations of its subsidiaries, the company monitors the performance of duties at each subsidiary through a workflow system pursuant to its rules for managing affiliated companies. In addition, the company has established a system under which its representative director and president attends the board meetings of each subsidiary to confirm the subsidiary's business conditions and management issues, as well as whether its operations are conducted efficiently and in compliance with laws and its articles of incorporation.」
The company described its group control framework, comprising its rules for managing affiliated companies, workflow processes, attendance by the president at subsidiary board meetings, and regular audits by the Internal Audit Office.