Strengthening Group-Wide Internal Controls, Including Subsidiaries
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2020.
- FY2020RestatedAnnual report
「The Company and its subsidiaries hold monthly meetings of affiliated companies. Subsidiary directors report to the Company's directors on progress against performance budgets and the status of business execution, promoting information sharing.」
The Group continues its internal controls through monthly affiliated-company meetings, internal audits and subsidiary reporting systems. - FY2018RestatedAnnual report
「The Company and its subsidiaries hold monthly meetings of affiliated companies. Subsidiary directors report to the Company's directors on progress against performance budgets and the status of business execution, promoting information sharing.」
The Group continues its internal controls through monthly affiliated-company meetings, internal audits and reporting systems at subsidiaries. - FY2017AdvancedAnnual report
「The Company and its subsidiaries hold monthly meetings of affiliated companies. Subsidiary directors report to the Company's directors on progress against performance budgets and the status of business execution, promoting information sharing.」
Internal controls covering subsidiaries are described through the operation of monthly affiliated-company meetings, internal audits, financial statement audits and an internal reporting system. - FY2016First statedAnnual report
「To strengthen group internal controls, the Company's directors, audit & supervisory board members and senior employees serve as non-executive directors or audit & supervisory board members of subsidiaries and receive reports on their management status through subsidiary boards of directors and other bodies.」
A system is described in which parent-company officers and senior employees serve as non-executive directors or audit & supervisory board members of subsidiaries to monitor their management status.