Establishing and operating internal control and risk management systems
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「We formulate response policies and specific measures (Plan), implement them (Do), report to the Board of Directors every quarter, and have headquarters conduct monitoring (Check), then take measures based on the results (Action), thereby operating a PDCA cycle. In addition, to prevent serious incidents, we have established and implemented a framework for setting and monitoring KRIs (Key Risk Indicators) monthly.」
We continue the PDCA cycle for top risks, quarterly reporting to the Board of Directors, headquarters monitoring, and monthly KRI monitoring. - FY2023AdvancedAnnual report
「In addition, from the fiscal year ending September 2024, we will add “environmental (climate change) risk” to our top risks, follow initiatives in each business at the company-wide level, and implement the PDCA cycle.」
In addition to existing top-risk management, quarterly reporting and monthly KRI monitoring, the company has indicated that climate change risk will be managed as a top risk from the fiscal year ending September 2024. - FY2022AdvancedAnnual report
「We formulate response policies and specific measures (Plan), implement them (Do), report to the Board of Directors every quarter, and have headquarters conduct monitoring (Check), then take measures based on the results (Action), thereby operating a PDCA cycle. In addition, to prevent serious incidents, we have established and implemented a framework for setting and monitoring KRIs (Key Risk Indicators) monthly.」
Risk management operations have been formalized to include a PDCA cycle for top risks, quarterly reporting to the Board of Directors, headquarters monitoring, and monthly KRI monitoring. - FY2021RestatedAnnual report
「We have established the “Risk Management Rules” to appropriately identify risks and prevent losses from occurring. Based on these rules, we prepare a “Major Risk Register” and “Risk Checklists,” assess risks inherent throughout the company, consider and implement preventive measures, and report the results to the Board of Directors and the Management Committee in an effort to improve the effectiveness of risk management.」
We continue risk management through the risk rules, major risk register, checklists, and reporting to the Board of Directors and the Management Committee. - FY2020AdvancedAnnual report
「In addition, to prevent serious incidents, we have established and implemented a framework for setting and monitoring KRIs (Key Risk Indicators).」
In addition to the existing risk rules and checklists, operations have been expanded to include setting and monitoring top risks and KRIs. - FY2018RestatedAnnual report
「Based on the “Risk Management Rules,” we have established specific measures and manuals for each major risk and department. Using risk checklists for major risks, we periodically review risks inherent throughout the company and consider and implement preventive measures.」
We continue to conduct regular reviews and preventive measures using the risk management rules, department-specific measures and manuals, and risk checklists. - FY2017RestatedAnnual report
「Based on the “Risk Management Rules,” we have established specific measures and manuals for each major risk and department. Using risk checklists for major risks, we periodically review risks inherent throughout the company and consider and implement preventive measures.」
We continue to conduct regular reviews and preventive measures using the risk management rules, department-specific measures and manuals, and risk checklists. - FY2016First statedAnnual report
「Regarding the development and operation of the internal control system, we have reviewed our internal rules based on the “Basic Policy on the Internal Control System” (revised in April 2015) and the “Basic Policy on Internal Control over Financial Reporting” (May 2008), and are ensuring thorough implementation throughout the company so that duties are carried out appropriately.」
We are reviewing internal rules and ensuring thorough implementation based on the basic policies, while identifying risks using risk management rules, manuals and checklists.