Tokyo Seimitsu Amends Internal Control System Policy

TOKYO, May 18 (Pulse News Wire) – Tokyo Seimitsu CO.,LTD. (7729.T) amended its internal control system policy during a board meeting held.

The changes aim to enhance corporate governance and compliance, ensuring the integrity and transparency of operations. Key updates include reinforcing the AC-CRETECH Group Conduct Guidelines and establishing a Compliance Committee chaired by the company’s CEO, KIMURA Ryuichi.

The revised policy also mandates regular reports from directors and employees to the Audit Committee, covering activities related to internal controls, audit evaluations, and significant accounting policies. Additionally, the company has set up a Risk Management Committee led by the president to address potential risks proactively and swiftly manage crises.

Tokyo Seimitsu continues to prioritize robust internal oversight mechanisms to safeguard against non-compliance and ensure reliable financial reporting.