CEL Amends Internal Control System Policy

TOKYO, Jul 17 (Pulse News Wire) – CEL Corporation (5078.T) amended part of its internal control system policy during a board meeting held. The revised policy ensures compliance with laws and regulations, maintains sound management, and promotes sustainable growth through thorough risk management.

Key changes include establishing a Compliance Committee chaired by the CEO, ensuring regular communication of corporate philosophy and policies to all employees, and setting up a whistleblower system to prevent and address violations promptly. Additionally, the company will conduct continuous audits to ensure adherence to established procedures and regulations across all operations.

The updated policy also mandates monthly meetings of the audit committee and quarterly reviews by the executive committee to monitor progress towards key performance indicators and strategic goals. Regular training sessions will reinforce the importance of legal compliance within the organization.