Management of Approvals, Reporting and Monitoring for Group Companies
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「d. The Internal Audit Office conducts internal audits of group companies and reports the audit results to the Audit & Supervisory Board and the Board of Directors as appropriate. e. The corporate auditors maintain a close coordination framework with the independent accounting auditor and the Internal Audit Office so that they can effectively and appropriately monitor and audit the group as a whole in response to the consolidated management of group companies.」
For group company management, the disclosure specifies that internal audit results are to be reported to the Audit & Supervisory Board and the Board of Directors, and that the corporate auditors, independent accounting auditor, and Internal Audit Office are to coordinate with one another. - FY2024AdvancedAnnual report
「The Company has instructed group companies to report to the corporate auditors or the chief compliance officer if they suspect that the management control or management guidance provided by the Company violates laws or regulations or raises compliance concerns.」
In addition to the existing approval and reporting procedures, monitoring, and internal audits, an escalation procedure has been specified for group companies to report to the corporate auditors or chief compliance officer. - FY2021AdvancedAnnual report
「b. To ensure the proper conduct of operations at group companies, the Company manages group company operations under the Affiliated Company Management Regulations through an approval and reporting system to the Company, and conducts monitoring and liaison meetings as necessary. (b) The Company provides group companies with advice and other assistance on risk management and compliance matters through the Risk Management Office or the Administrative Headquarters as necessary. (d) The Internal Audit Office conducts internal audits of group companies to ensure the effectiveness and appropriateness of internal controls throughout the group.」
In addition to the existing approval and reporting procedures, monitoring, and liaison meetings, the disclosure explicitly identifies risk and compliance advice and internal audits of group companies, providing greater detail on the group management framework. - FY2019RestatedAnnual report
「To ensure the proper conduct of operations at group companies, we manage group company operations under the Regulations for the Management of Affiliated Companies through an approval and reporting system to our company, and conduct monitoring and liaison meetings as necessary.」
The group continues to manage its group companies through the Affiliated Company Management Regulations, approval and reporting procedures, monitoring, and liaison meetings. - FY2018RestatedAnnual report
「To ensure the proper conduct of operations at group companies, we manage group company operations under the Regulations for the Management of Affiliated Companies through an approval and reporting system to our company, and conduct monitoring and liaison meetings as necessary.」
Group management through the Regulations for the Management of Affiliated Companies, approval and reporting procedures, monitoring and liaison meetings continues. - FY2016First statedAnnual report
「To ensure the proper conduct of operations at group companies, we manage group company operations under the Regulations for the Management of Affiliated Companies through an approval and reporting system to our company, and conduct monitoring and liaison meetings as necessary.」
As a holding company, the company describes group management through the Regulations for the Management of Affiliated Companies, approval and reporting procedures, monitoring and liaison meetings.