Improving Audit Effectiveness Through Coordination Among Internal Audit, Audit & Supervisory Board Audits, and Accounting Audit
First written in FY2018. 3 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026Change in the number of locations visited for audit by the full-time Audit & Supervisory Board MemberAnnual report
「The full-time Audit & Supervisory Board Member also visited 47 domestic locations for audits based on the annual audit plan, exchanged information and opinions with the directors and Audit & Supervisory Board Members of subsidiaries, and shared information with the internal audit function, the internal control function and the accounting auditor.」
The policy of coordination in the three-way audit continues, and the Audit & Supervisory Board held 18 meetings. The number of locations visited for audits by the full-time Audit & Supervisory Board Member changed from 48 in the previous fiscal year to 47. - FY2025Change in the number of locations visited for audit by the full-time Audit & Supervisory Board MemberAnnual report
「The full-time Audit & Supervisory Board Member also visited 48 domestic locations for audits based on the annual audit plan, exchanged information and opinions with the directors and Audit & Supervisory Board Members of subsidiaries, and shared information with the internal audit function, the internal control function and the accounting auditor.」
Coordination in the three-way audit continues, and the Audit & Supervisory Board held 18 meetings. The number of locations visited for audits by the full-time Audit & Supervisory Board Member changed from 49 in the previous fiscal year to 48. - FY2024Change in the number of locations visited for audit by the full-time Audit & Supervisory Board MemberAnnual report
「The full-time Audit & Supervisory Board Member also visited 49 domestic locations for audits based on the annual audit plan, exchanged information and opinions with the directors and Audit & Supervisory Board Members of subsidiaries, and shared information with the internal audit function, the internal control function and the accounting auditor.」
The policy of coordination in the three-way audit continues. The Audit & Supervisory Board held 18 meetings, and the full-time Audit & Supervisory Board Member visited 49 domestic locations for audits. The stated number of locations visited changed from 50 domestic locations in the previous fiscal year. - FY2023AdvancedAnnual report
「During the fiscal year, the company held a total of 18 meetings of the Audit & Supervisory Board, and the full-time Audit & Supervisory Board Member visited 50 domestic locations for audits based on the annual audit plan.」
The Audit & Supervisory Board held 18 meetings, and the full-time Audit & Supervisory Board Member visited 50 domestic locations for audits. Coordination among the internal audit function, the Audit & Supervisory Board and the accounting auditor in the three-way audit also continues. - FY2022AdvancedAnnual report
「During the fiscal year, the company held a total of 18 meetings of the Audit & Supervisory Board, and the full-time Audit & Supervisory Board Member visited 28 domestic locations for audits based on the annual audit plan.」
The Audit & Supervisory Board held 18 meetings, and the full-time Audit & Supervisory Board Member visited 28 domestic locations for audits. Coordination among the internal audit function, the Audit & Supervisory Board and the accounting auditor in the three-way audit also continues. - FY2020AdvancedAnnual report
「During the fiscal year, the company held a total of 19 meetings of the Audit & Supervisory Board, and the full-time Audit & Supervisory Board Member visited 27 domestic locations for audits based on the annual audit plan.」
The Audit & Supervisory Board held 19 meetings, and the full-time Audit & Supervisory Board Member visited 27 domestic locations for audits. The company reported the operational results of its three-way audit through information exchange among the 5-member Audit Office, the Audit & Supervisory Board and the accounting auditor. - FY2019The Audit Office is stated to have 5 staff membersAnnual report
「The Audit Office has a total staff of 5, including the head of the office. We understand the purpose of the three-way audit and seek to conduct efficient and highly effective audits through coordination based on one another's audit results.」
The policy of coordination among internal audit, Audit & Supervisory Board audits and financial statement audits continues. The Audit Office is stated to have 5 staff members, changed from the 6 stated previously. - FY2018First statedAnnual report
「We understand the purpose of the three-way audit and seek to conduct efficient and highly effective audits through coordination based on one another's audit results. The Audit Office has a total staff of 6, including the head of the office. There are 3 Audit & Supervisory Board Members in total, comprising 2 outside members and 1 internal member.」
The company has 6 staff in the Audit Office and 3 Audit & Supervisory Board Members, and has stated its policy of improving audit efficiency and effectiveness through the exchange of audit results and information among the accounting auditor, the Audit & Supervisory Board and the Audit Office.