Strengthening Internal Administration, Internal Controls and Risk Management in Line with Growth
First written in FY2022. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: 2026-03-26.
- 2026-03-26AdvancedGovernance
「Accordingly, at a meeting of the Board of Directors held on the same day, we resolved to revise the Basic Policy on the Internal Control System, and hereby announce the revised policy as set out below.」
Following the transition to a company with an Audit and Supervisory Committee, the company revised its Basic Policy on the Internal Control System and presented specific arrangements, including reporting channels to the Audit and Supervisory Committee, the assignment of support staff and their independence from directors. - FY2025AdvancedAnnual report
「As an agenda item for the 8th annual general meeting of shareholders scheduled for 26 March 2026, we have proposed a partial amendment to the articles of incorporation to transition to a company with an audit and supervisory committee. If the proposal is approved and the amendment takes effect, the company will transition at the conclusion of that meeting. Outside directors will comprise a majority of the audit and supervisory committee, and directors who are audit and supervisory committee members will have voting rights at board meetings. This will strengthen the board’s oversight function and further reinforce the foundation of corporate governance.」
As a specific measure to strengthen internal management and governance, the company proposed transitioning to a company with an audit and supervisory committee. If approved, a committee with a majority of outside directors is expected to strengthen the board’s oversight function. - FY2024RestatedAnnual report
「We have established and are developing an integrated risk management structure covering our subsidiaries, with the Representative Director and President as the overall responsible officer, based on our risk management regulations, and are promoting its operation.」
The company continues to strengthen and operate risk management, internal audit, internal control and compliance systems covering subsidiaries. - FY2023AdvancedAnnual report
「Under the Companies Act and the Ordinance for Enforcement of the Companies Act, the company resolved at a board meeting held on 18 August 2021 to adopt the “Basic Policy on the Development of an Internal Control System” as a system for ensuring the proper conduct of operations. The board partially amended the policy at a meeting held on 14 August 2023, and the company operates its internal control system accordingly.」
The company provides details of its internal management structure, including the amendment to its basic policy on 14 August 2023 and the operation of internal controls, risk management and internal audits covering subsidiaries. - FY2022First statedAnnual report
「We recognize the need to further strengthen our internal administrative structure in line with the expansion of the company. Specifically, we will strengthen corporate governance through audits by the audit & supervisory board members, strengthen our compliance structure through internal audits and other measures, continuously improve and strengthen internal controls in light of the internal control reporting system, and strengthen risk management.」
The company plans to strengthen its administrative structure as the business expands through audits by audit & supervisory board members, internal audits, compliance measures, the internal control reporting system and risk management.