Recurrence prevention measures and governance renewal following a compliance incident
First written in FY2025. 4 of 5 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Regarding compliance reporting, we revamped the former compliance information contact point and began operating the following channels from 1 August 2025 for directly reporting or consulting on important compliance matters: ① integration of the “internal reporting channel for each Group company,” established in compliance with the Whistleblower Protection Act, into our Legal and Compliance Office; ② changing the “external reporting channel” to a law firm with no interests in the Company, from the perspective of psychological safety; and ③ establishing a highly independent “reporting channel to outside Audit and Supervisory Committee members” for reporting compliance violations involving directors and executive officers.」
As a recurrence-prevention measure, we established 3 reporting channels, for internal reports, external attorneys and outside Audit and Supervisory Committee members, and began operating them on 1 August 2025. - FY2026-H1AdvancedAnnual report
「In September, to ensure audit effectiveness and strengthen the checks on management, we established an Audit and Supervisory Committee Office to assist the Audit and Supervisory Committee in performing its duties, and also increased staffing to strengthen internal control functions, including those of Group companies. The Management Improvement Committee established in July is gathering views through dialogue with officers and employees as part of efforts to reform the organizational culture and is proceeding with consideration of measures.」
Regarding recurrence-prevention measures and governance renewal, progress was made in establishing an Audit and Supervisory Committee Office, increasing internal-control staffing, and gathering views from officers and employees and considering measures through the Management Improvement Committee. - FY2025First statedAnnual report
「Specifically, as described in the notice dated 12 June 2025, “Notice Concerning the Formulation of Recurrence-Prevention Measures and Disciplinary Actions against Directors,” issued based on the investigation report announced on 9 May 2025, we will promptly consider and implement each recurrence-prevention measure, including renewal of the management structure, formulation of a succession development plan for the CEO, greater transparency in the nomination process and a review of the role of the Nomination Advisory Committee, strengthening the checks on top management, reform of the organizational culture through the establishment of a Legal and Compliance Office, and the establishment of a Management Improvement Committee and a Corporate Governance Committee.」
We newly proposed recurrence-prevention measures including renewal of top management, making outside directors a majority of the Board of Directors, a CEO succession plan, reporting channels, a Legal and Compliance Office, a Management Improvement Committee and a Corporate Governance Committee.