Internal Controls

Basic Stance/Policy

We have established and properly enforce our internal control policy to ensure that each THK employee complies with laws and the articles of incorporation as we maintain sound and transparent operations and achieve our corporate philosophy.

We have established the “Regulations for Internal Control over Financial Reporting” to comply with the internal control reporting system, which is based on the Financial Instruments and Exchange Act. In accordance with the basic framework outlined in the Financial Services Agency standards, we have established and enforce the “Regulations for Internal Control over Financial Reporting,” and we improve them as necessary.

In 2021, the evaluation was primarily conducted in a virtual format due to the coronavirus pandemic, and no critical deficiencies requiring disclosure were found. The final evaluation results were summarized in the internal control report submitted and disclosed to the Prime Minister (Kanto Local Finance Bureau) in March 2022.