Sojitz Corporation


Internal Controls

Sojitz endeavors to implement Internal Controlss in accordance with the Sojitz Group’s “Basic Policy Regarding the Establishment of Systems for Ensuring Appropriate Execution of Business Operations”, which the Board of Directors adopted on April 24, 2015.

With regard to overall internal control systems, the Internal Control Committee, an executive body under the control of the President, leads maintenance and improvement by periodic monitoring implementation and enforcement, identifying issues, considering countermeasures, instructing the responsible departments about the countermeasures and improvements related to internal control systems and frameworks throughout the Company, and implementing these countermeasures and improvements in cooperation with the relevant committees and organizations.

Specific measures in each area are handled by each committee and subcommittee (Compliance Committee, Information Security Subcommittee, etc.) and each working group such as Disclosure Working Group in addition to the risk management framework.

≫ Basic Concept and Status of Implementation and Operation of Internal Control System

In addition, pursuant to the internal controls reporting system set out in the Financial Instruments and Exchange Act, Sojitz has instituted a Basic Policy to Ensure Appropriate Financial Reporting, and the Internal Control Committee monitors the progress of assessments of internal controls over financial reporting to improve the reliability of financial reporting.

≫ Basic Policy to Ensure Appropriate Financial Reporting

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