Strengthening compliance, internal audit and risk management systems
First written in FY2016. 18 of 22 entries say "Restated". Latest entry: 2026-06-25.
49 other companies' latest entry also says "Restated".
- FY2025Dedicated Internal Audit Office staff changed from 5 to 4Annual report
「The company's internal audit function consists of an Internal Audit Office under the direct control of the Representative Director and President, with 4 full-time personnel.」
The number of full-time personnel in the Internal Audit Office has decreased from the 5 stated for FY2023 to 4. The company states that internal audit results are reported to the Representative Director and President, the Board of Directors, Audit & Supervisory Board members and the Audit & Supervisory Board. - FY2024RestatedAnnual report
「Our group regards strengthening compliance as a fundamental management policy and is pursuing this by clarifying business risks, considering response measures, strengthening its checking framework and implementing prompt corrective action when problems arise. We define “discipline” as a concept encompassing compliance, systems and rules, and the standards that must be observed, and are promoting initiatives to foster a culture that values discipline.」
In addition to strengthening compliance, risk management and internal audits, the company continues to foster a culture that values discipline. - FY2023AdvancedAnnual report
「The company's Internal Audit Office consists of 5 full-time personnel. Audits and investigations by the Internal Audit Office are conducted based on audit plans, with the mission of preventing corporate misconduct and enhancing the quality of management. The results of audits are reported to the Board of Directors, Audit & Supervisory Board members and the Audit & Supervisory Board, which monitor the status of internal audits.」
The company describes its internal audit and control framework following the improper accounting practices, including 5 full-time personnel in the Internal Audit Office and the reporting of audit results to the Board of Directors and the Audit & Supervisory Board. - FY2022WorsenedAnnual report
「These improper accounting practices resulted from, among other factors, inadequate systems for verifying transaction details and project progress within the business processes for recording sales and costs, as well as insufficient segregation of duties within the sales division. We also recognize that personnel transfers were not carried out appropriately and assignments had become fixed, that routine monitoring to prevent or detect improper accounting practices was insufficient, and that internal audits were not functioning appropriately.」
The company states that it identified deficiencies in business processes, segregation of duties, routine monitoring and internal audits within the previously stated compliance, internal audit and risk management framework. - FY2020RestatedAnnual report
「The Group’s basic management policy is to strengthen compliance. It does so by identifying business risks, considering appropriate responses, strengthening its monitoring system and taking prompt corrective action when problems arise, while ensuring that these measures are thoroughly communicated to all employees. The Company also established an Internal Audit Office and conducts operational audits to check whether employees perform their duties appropriately, without violating laws, the Articles of Incorporation or internal regulations.」
The company continues to strengthen compliance and risk management and conduct operational audits through the Internal Audit Office. - FY2020-Q3RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2020-Q2RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2020-Q1RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2019RestatedAnnual report
「The Group’s basic management policy is to strengthen compliance. It does so by identifying business risks, considering appropriate responses, strengthening its monitoring system and taking prompt corrective action when problems arise, while ensuring that these measures are thoroughly communicated to all employees. The Company also established an Internal Audit Office and conducts operational audits to check whether employees perform their duties appropriately, without violating laws, the Articles of Incorporation or internal regulations.」
The company continues to strengthen compliance and risk management and conduct operational audits through the Internal Audit Office. - FY2019-Q3RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2019-Q1RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2018RestatedAnnual report
「The Group’s basic management policy is to strengthen compliance. It does so by identifying business risks, considering appropriate responses, strengthening its monitoring system and taking prompt corrective action when problems arise, while ensuring that these measures are thoroughly communicated to all employees. The Company also established an Internal Audit Office and conducts operational audits to check whether employees perform their duties appropriately, without violating laws, the Articles of Incorporation or internal regulations.」
The Company continues to maintain a compliance and risk management system that includes operational audits by the Internal Audit Office, risk management regulations and prompt corrective action. - FY2018-Q3RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2018-Q2RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2018-Q1RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2017RestatedAnnual report
「The Company established an Internal Audit Office and conducts operational audits to check whether employees perform their duties appropriately, without violating laws, the Articles of Incorporation or internal regulations.」
The Company continues to maintain a compliance and risk management system that includes operational audits by the Internal Audit Office, risk management regulations and prompt corrective action. - FY2017-Q3RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2017-Q2RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2017-Q1RestatedAnnual report
「At the Company, compliance with laws and social norms is a prerequisite for management」
The Company has reaffirmed its stance that compliance with laws and social norms is a prerequisite for management. - FY2016First statedAnnual report
「The Group’s basic management policy is to strengthen compliance. It does so by identifying business risks, considering appropriate responses, strengthening its monitoring system and taking prompt corrective action when problems arise, while ensuring that these measures are thoroughly communicated to all employees.」
The Company uses risk identification, consideration of response measures, monitoring, prompt corrective action and communication to all employees as means of strengthening compliance.