Communication condition with the independent directors

    Communication policy between the independent directors and head of internal audit and CPAs

    • Apart from periodic audit report sent to the independent directors, audit head shall attend all meetings of the audit committee and report the execution of audit process at the board meetings. The implementation and effectiveness of the audit process has been fully communicated.
    • The CPAs and the independent directors of the Company communicated frequently and held periodic meetings at least twice a year to communicate on the financial situation of the Company, the status of businesses, etc.Communication on the financial situation of the Company, the status of businesses, etc.

    Summary of the communication between the independent directors and internal audit head

    Date Highlights of the communication Recommendations and results

    2019/08/07

    Audit Committee

    Highlights of the communication April to June 2019 audit process execution report.
    Amendment of the “Internal Control System” and “Internal Audit System”.
    Recommendations and results No objections

    2019/04/23

    Audit Committee

    Highlights of the communication Jan. to Mar. 2019 audit process execution report.
    Track the progress of improvements made since the previous quarter.
    Recommendations and results No objections

    2019/02/18

    Audit Committee

    Highlights of the communication Oct. to Dec. 2018 audit process execution report.
    Track the progress of improvements made since the previous quarter.
    Audit reports of subsidiary.
    Recommendations and results No objections

    2018/10/02

    Audit Committee

    Highlights of the communication Jul. to Sep. 2018 audit process execution report. Recommendations and results No objections

    2018/08/01

    Audit Committee

    Highlights of the communication Apr. to Jun. 2018 audit process execution report.
    Amendment of the “Internal Control System” and “Internal Audit System”.
    Recommendations and results No objections

    2018/05/29

    Audit Committee

    Highlights of the communication Jan. to Mar. 2018 audit process execution report. Recommendations and results No objections

    2018/02/22

    Audit Committee

    Highlights of the communication Oct. to Dec. 2017 audit process execution report. Recommendations and results No objections

    2017/11/01

    Audit Committee

    Highlights of the communication Jul. to Sep. 2017 audit process execution report. Recommendations and results No objections

    2017/07/21

    Audit Committee

    Highlights of the communication Apr. to Jun. 2017 audit process execution report. Recommendations and results No objections

    2017/05/02

    Audit Committee

    Highlights of the communication Jan. to Mar. 2018 audit process execution report.
    Amendment of the “Internal Control System” and “Internal Audit System”.
    Recommendations and results No objections

    2017/02/21

    Audit Committee

    Highlights of the communication Oct. to Dec. 2016 audit process execution report. Recommendations and results No objections

    Summary of the communication between the independent directors and CPAs.

    Date Highlights of the communication Recommendations and results

    2019/08/07

    Audit Committee

    Highlights of the communication Presentation and explanation of the financial reports for the second quarter of 2019.
    Communication with the governance units.
    Key items subject to audit.
    Communication and discussion of the CPAs for the inquiries made by attendees.
    Recommendations and results No objections

    2019/02/18

    Audit Committee

    Highlights of the communication Presentation and explanation of 2018 consolidated and standalone financial reports.
    Communication with the governance units.
    Key items subject to audit.
    Communication and discussion of the CPAs for the inquiries made by attendees.
    Recommendations and results No objections

    2018/08/01

    Audit Committee

    Highlights of the communication Arranged for two CPAs to brief and explain the 2018 Q2 consolidated and standalone financial reports to the board of directors and independent directors.
    Communication and discussion of the CPAs for the inquiries made by the directors, independent directors and the attendees.
    Recommendations and results No objections

    2018/02/22

    Audit Committee

    Highlights of the communication Arranged for two CPAs to brief and explain the 2017 consolidated and standalone financial reports to the board of directors and independent directors.
    Communication and discussion of the CPAs for the inquiries made by the directors, independent directors and the attendees.
    Recommendations and results No objections

    2017/07/21

    Audit Committee

    Highlights of the communication Arranged for two CPAs to brief and explain the 2017 Q2 consolidated and standalone financial reports to the board of directors and independent directors.
    Communication and discussion of the CPAs for the inquiries made by the directors, independent directors and the attendees.
    Recommendations and results No objections

    2017/02/21

    Audit Committee

    Highlights of the communication Arranged for two CPAs to brief and explain the 2017 consolidated and standalone financial reports to the board of directors and independent directors.
    Communication and discussion of the CPAs for the inquiries made by the directors, independent directors and the attendees.
    Recommendations and results No objections

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