Fortifying Internal Control

In accordance with the Basic Policy for Internal Control, the Z Holdings Group has created the Internal Audit Department as a division to “continuously evaluate and carry out improvement activities for the entire company on the efficiency and effectiveness of the execution of business duties” of the “corporate group consisting of Z Holdings Corporation, its parent companies and subsidiary companies.” The Internal Audit Department is in charge of audit functions for assurance and consulting services, and SOX evaluation.

Audit Functions

Audit is performed on all aspects of business, including subsidiary companies, from a third-party standpoint within the company to reduce obstacles for achieving management strategy goals by assessing the appropriateness of the management of the companies’ operations, and the appropriateness and risks of service operations.
In view of changes such as the business expansion of the entire Z Holdings Group as well as the rise in expectations from society, we prioritize more critical business fields as well as auditing themes, and pursue a variety of internal audits, including monitoring internal audits within the group, audits on business/system, checking the basic internal control and monitoring, etc., based on a risk approach which includes continuous monitoring.

SOX Assessments

In response to the enforcement of the Japanese version of the SOX Act (J-SOX Act), we have created a dedicated team to make continuous improvements in line with the “Standards and Practice Standards for Management Assessment and Audit concerning Internal Control Over Financial Reporting”. In particular, in the IT control for information systems, we provide and improve management systems for both overall control and work process control.