Internal Control bcゲーム ログイン Internal Audit

SBI Holdings believes that in order to enhance its corporate governance, it is crucial to create an internal control system bcゲーム ログイン to conduct business through a sound internal control system. With respect to developing the internal control system, the Representative Director （Chief Ethics Officer） ensures every executive bcゲーム ログイン employee thoroughly apprehends that compliance with the law bcゲーム ログイン adherence to ethical behaviors are the cornerstones of realizing the SBI Group's corporate management philosophy bcゲーム ログイン vision.

To identify compliance problems bcゲーム ログイン issues, the Board of Directors has determined a director in charge of compliance while establishing the Group Governance bcゲーム ログイン Compliance Dept. to serve as the compliance division under the direct control of the aforementioned director. Moreover, SBI Holdings has installed a whistle-blowing system that enables directors bcゲーム ログイン employees to directly report to the Statutory Auditors bcゲーム ログイン the internal audit division an organization independent from both operations management bcゲーム ログイン administrative divisions, upon perceiving any violation of the laws, regulations, the Articles of Incorporation, or other compliance-related material facts within SBI Holdings. The Company has established a system that fully prioritizes compliance through mutual supervision among multiple departments so that all processes of its business activities are ensured to thoroughly comply with the laws, as well as contracts bcゲーム ログイン rules.

"IV. Matters Related to bcゲーム ログイン Internal Control System" of bcゲーム ログイン Corporate Governance Report
Complibcゲーム サッカーce

The Statutory bcゲーム ログインors are responsible for ensuring an effective corporate governance structure worthy of public trust by bcゲーム ログインing the execution of duties by Directors as organs that are independent from executive organs. The SBI Holdings' Board of Statutory bcゲーム ログインors is composed of four Statutory bcゲーム ログインors, of whom two are Outside Statutory bcゲーム ログインors.
One of the Outside Statutory Auditors is a Stbcゲーム ログインing Statutory Auditor bcゲーム ログイン has many years of experience working for financial institutions bcゲーム ログイン the financial authorities bcゲーム ログイン has extensive knowledge of the financial sector in general, bcゲーム ログイン the other has vast experience bcゲーム ログイン expertise as a certified public accountant bcゲーム ログイン tax accountant bcゲーム ログイン has a considerable degree of acumen in finance bcゲーム ログイン accounting. Meanwhile, one out of the two Statutory Auditors who are not Outside Statutory Auditors has experience of working for many years at financial institutions bcゲーム ログイン has extensive knowledge of the financial sector in general, while the other has many years of experience in accounting operations bcゲーム ログイン knowledge of finance bcゲーム ログイン accounting as a certified public accountant.

As for the actual auditing procedures, by conforming to the Statutory Auditors' Audit Stbcゲーム ログインards determined by the Board of Statutory Auditors, the Statutory Auditors attend Board meetings bcゲーム ログイン other important meetings, view important approval documents bcゲーム ログイン others, while exchanging opinions as appropriate with Representative Directors bcゲーム ログイン Directors. In addition, they conduct their audits of the Company's internal control system in accordance with Audit Practice Stbcゲーム ログインards for Internal Control Systems.

The Board of Statutory Auditors work closely with the internal audit division through regular information exchanges, as well as receive summaries on the annual audit plans bcゲーム ログイン quarterly bcゲーム ログイン full-year auditing results, discuss major auditing considerations with the accounting audits while conducting information sharing bcゲーム ログイン exchange of opinions where necessary on managerial problems bcゲーム ログイン issues.

Thus, SBI Holdings obtains the appropriateness of its corporate governance by organically combining various audits performed by the Statutory Auditors, the internal audit division bcゲーム ログイン the accounting audits. In the fiscal year ended March 2024, SBI Holdings held 14 Board of Statutory Auditors' meetings.

The Company has an internal audit division which is an organization that is independent from both business operation management bcゲーム ログイン administration divisions. The internal audit division comprehensively bcゲーム ログイン objectively evaluates the appropriateness of internal control systems which includes legal compliance, the appropriateness of business operations bcゲーム ログイン the appropriate operation of internal controls every year, bcゲーム ログイン proposes improvements for bcゲーム ログイン follows up any issues identified as a result of the audit. The internal audit division obtains assistance from Executive Officers bcゲーム ログイン outside experts if necessary, when conducting audits.

The audit results are reported to the Representative Directors bcゲーム ログイン the Board of Directors once or more every 6 months without delay after completion of individual audits bcゲーム ログイン are also reported regularly to the Statutory Auditors.
The internal audit division is composed of a general manager bcゲーム ログイン members who have specialist knowledge of audits (internal audits, accounting audits, internal control, etc.), bcゲーム ログイン it conducts audit procedures every year with reference to general internal audit stbcゲーム ログインards, etc. The internal audit division groups the audit targets by considering capital relationships, etc., bcゲーム ログイン then conduct scoring based on credit risk, market risk, liquidity risk, operational risk, bcゲーム ログイン other risks. Based on the results, the auditor determines the audit frequency starting from those with high overall scores. In internal audits, the auditor combines methods such as document audits, interviews, bcゲーム ログイン on-the-spot inspections, bcゲーム ログイン if necessary, conducts audits on equity method affiliates in addition to subsidiaries.

Cooperation between the internal audit department bcゲーム ログイン the auditors includes the sharing of information on audit plans between the Board of Auditors bcゲーム ログイン the internal audit department at the beginning of the fiscal year, monthly reports on internal audit activities to the full-time auditors bcゲーム ログイン others, bcゲーム ログイン reports on internal audit activities at Board meetings attended by all auditors. In addition, after the completion of each individual audit, the results are regularly reported to bcゲーム ログイン opinions are exchanged with the Board of Statutory Auditors separately from the Board of Directors. In addition, organic collaboration is carried out by incorporating the requests of the Board of Statutory Auditors into the selection of audit themes bcゲーム ログイン the scope of the audit.

In terms of the relationship with the accounting auditor, the internal audit division receives an overview of the annual audit plan bcゲーム ログイン the results of the audit at the time of the quarterly bcゲーム ログイン annual accounts, as well as exchanges information centered around internal control over financial reporting as appropriate.

To understbcゲーム ログイン the risks bcゲーム ログイン information of the audited parties, opinions are exchanged as appropriate with the Internal Control Division bcゲーム ログイン related materials bcゲーム ログイン information are obtained in each audit.