Internal Control Audits by the Internal Audit Office
First written in FY2017. 6 of 13 entries say "Worsened", first in FY2025. Latest entry: 2026-09-25.
Toshin Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
1 other company's latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Internal controls over the financial reporting process for the preparation of financial statements had significant design and operating deficiencies in journal-entry approval controls and segregation of duties. Design and operating deficiencies were also found in several areas of internal controls over business processes, and there were significant issues with entity-level internal controls, indicating that the internal control system had become dysfunctional.」
The disclosure describes significant design and operating deficiencies and dysfunction in internal controls covering journal-entry approval, segregation of duties, business processes and entity-level controls. - FY2025WorsenedAnnual report
「The scope of internal audits was limited to operational audits of stores directly operated under the mobile communications directly operated business, as well as golf courses and stores in the resort business. Operations were therefore not conducted in accordance with the Internal Audit Regulations, and audits could not be carried out across a sufficient scope.」
The Internal Audit Office has maintained a 2-person structure, but the audit scope was limited and sufficient audits in accordance with the Internal Audit Regulations had not been conducted. - FY2024AdvancedAnnual report
「The Internal Audit Office consists of 2 people and works to strengthen internal controls by conducting necessary operational audits in accordance with the Internal Audit Regulations.」
The Internal Audit Office, which was described as consisting of 1 person in the previous report, is described as consisting of 2 people for the current fiscal year, indicating an increase in staffing. - FY2023SoftenedAnnual report
「The Internal Audit Office consists of 1 person and works to strengthen internal controls by conducting necessary operational audits in accordance with the Internal Audit Regulations.」
The Internal Audit Office is described as consisting of 1 person, changed from the 2-person structure described in prior years. - FY2019RestatedAnnual report
「The Internal Audit Office consists of 2 people and works to strengthen internal controls by conducting necessary operational audits in accordance with the Internal Audit Regulations.」
The company continues to conduct operational audits through a 2-member Internal Audit Office reporting directly to the president and to strengthen internal controls. - FY2018RestatedAnnual report
「The company has established an Internal Audit Office reporting directly to the president. The Internal Audit Office has 2 members and works to strengthen internal controls by conducting necessary operational audits in accordance with the internal audit regulations.」
The company continues to conduct operational audits through a 2-member Internal Audit Office reporting directly to the president and to strengthen internal controls. - FY2017First statedAnnual report
「The company has established an Internal Audit Office reporting directly to the president. The Internal Audit Office has 2 members and works to strengthen internal controls by conducting necessary operational audits in accordance with the internal audit regulations.」
The company describes a system in which a 2-member Internal Audit Office reporting directly to the president conducts operational audits to strengthen internal controls.