Reducing Loss Risks through Individual Risk Management and Internal Audit
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Company deliberates and makes decisions on important issues considered to involve risk through the Risk and Compliance Committee, which comprises members of the Board of Directors and others.」
The description and organizational name were revised from the previous Risk Management Committee to a management framework centered on the Risk and Compliance Committee. Cooperation with the Business Progress Review Meeting and reporting to the Board of Directors were also described. - 2026-05-23AdvancedGeneral Meetings of Shareholders
「The Risk Management Committee meets quarterly to conduct risk assessments by department. For individual risks, subcommittees are established and meet monthly to monitor the progress of risk mitigation measures.」
In addition to existing individual risk management and internal-audit verification, operating results included quarterly meetings of the Risk Management Committee, assessments by department and monthly progress reviews by subcommittees for individual risks. - FY2024AdvancedAnnual report
「The Company deliberates and makes decisions on important issues considered to involve risk through the Risk Management Committee, which comprises members of the Board of Directors and others and is chaired by the President. In addition, it is advancing its medium-term management plan in cooperation with the Business Progress Review Meeting, which is promoting initiatives to make ESG, the SDGs and responses to climate change central to management. Under management-led oversight, the Company is pursuing sustainability initiatives across its businesses, including reductions in carbon dioxide (CO2) emissions.」
In addition to conventional individual risk management, cross-functional management of important issues and climate change risks through the Risk Management Committee and Business Progress Review Meeting has been established. - FY2021RestatedAnnual report
「In addition, the Internal Audit Office verifies the appropriateness and effectiveness of responses to individual risks to ensure the effectiveness of risk management.」
The risk management framework involving the departments responsible for individual risks, the response headquarters and the Internal Audit Office remains in place. - FY2018RestatedAnnual report
「With respect to managing risks associated with the Company's business operations, the departments responsible for individual risks, including legal compliance, quality, credit, accidents, information security and disasters, implement measures to mitigate or avoid those risks based on past incidents and other cases, including methods of avoidance, response procedures and preparations for alternative backup measures. In the event of an unforeseen incident, the Company will respond promptly, including establishing a response headquarters as necessary, and work to prevent the damage from spreading. In addition, the Internal Audit Office verifies the appropriateness and effectiveness of responses to individual risks to ensure the effectiveness of risk management.」
The risk management framework involving the departments responsible for individual risks, the response headquarters and the Internal Audit Office continues to be described. - FY2017RestatedAnnual report
「In the event of an unforeseen incident, the Company will respond promptly, including establishing a response headquarters as necessary, and work to prevent the damage from spreading. In addition, the Internal Audit Office verifies the appropriateness and effectiveness of responses to individual risks to ensure the effectiveness of risk management.」
The disclosure describes a framework in which the departments responsible for individual risks handle avoidance and response, while the response headquarters and Internal Audit Office provide response and verification. - FY2016First statedAnnual report
「With respect to managing risks associated with the Company's business operations, the departments responsible for individual risks, including legal compliance, quality, credit, accidents, information security and disasters, implement measures to mitigate or avoid those risks based on past incidents and other cases, including methods of avoidance, response procedures and preparations for alternative backup measures.」
A management framework combining the responsible departments, avoidance methods, response procedures, alternative measures and internal audits.