Risk Management Framework Based on Committees, Internal Audit and Whistleblowing System
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2025.
76 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The risks assessed by the committee are reported to the Board of Directors. Transition and physical risks arising from climate change and other factors have many aspects in common with known business risks in terms of events and response measures, so they are managed as part of the company-wide risk management process described above.」
In addition to the FRA Committee's collection of risk information from across the group and management of 8 risk categories, the company states that assessed risks are reported to the Board of Directors and climate-related risks are integrated into company-wide risk management. - FY2024AdvancedAnnual report
「To manage and address the various risks surrounding its business, the group collects information on potential risks from across the group, including its subsidiaries, and determines their significance and response policies through the FRA (Fukudome Ham Risk Management Action) Committee, chaired by the president in his role as risk management officer. This crisis management framework was established to hedge against and prevent eight risks: infectious diseases, accidents, disasters, product-related accidents, legal violations, employee misconduct, environmental pollution and infrastructure.」
The company states that the FRA Committee collects risk information from across the group and operates a crisis management framework covering 8 risk categories. - FY2021-Q3RestatedAnnual report
「As part of our response to COVID-19, we made protecting the health and safety of employees and related parties our highest priority. We held meetings of the FRA (Fukudome Ham Risk Management Action) Committee as necessary, strengthened measures to prevent the spread of infection, including office decentralization, hygiene controls and the use of remote meetings, and worked to minimize business risks and continue business activities.」
The risk management framework centered on the FRA Committee continues to be applied to infection control measures, including office decentralization, hygiene controls and remote meetings. - FY2021-Q2RestatedAnnual report
「As part of our response to COVID-19, we made protecting the health and safety of employees and related parties our highest priority. We held meetings of the FRA (Fukudome Ham Risk Management Action) Committee as necessary, thoroughly implemented measures to reduce infection risks, including office decentralization and hygiene controls, and promoted the use of videoconferencing throughout the company, thereby working to minimize business risks and continue business activities.」
The existing risk management framework centered on the FRA Committee continues to be applied to COVID-19 measures and business continuity. - FY2021-Q1Expansion to infectious disease responseAnnual report
「As part of our response to COVID-19, we made protecting the health and safety of employees and related parties our highest priority. We held meetings of the FRA (Fukudome Ham Risk Management Action) Committee as necessary, reviewed working hours and commuting methods, implemented office decentralization and thorough hygiene controls, and promoted the use of videoconferencing throughout the company, thereby working to minimize business risks and continue business activities.」
The existing risk management framework, including the FRA Committee, has been specifically applied to COVID-19 measures and business continuity. - FY2018RestatedAnnual report
「We have established the Compliance Committee, Internal Control Committee and FRA (Fukudome Ham Risk Management Action) Committee to strengthen and establish systems for legal compliance and risk management.」
A system for legal compliance and risk management involving the three committees, Inspection Department, Quality Assurance Department and other functions continues to operate. - FY2017RestatedAnnual report
「We have established the Compliance Committee, Internal Control Committee and FRA (Fukudome Ham Risk Management Action) Committee to strengthen and establish systems for legal compliance and risk management.」
A system for legal compliance and risk management involving the three committees, Inspection Department, Quality Assurance Department and other functions continues to operate. - FY2016First statedAnnual report
「We have established the Compliance Committee, Internal Control Committee and FRA (Fukudome Ham Risk Management Action) Committee to strengthen and establish systems for legal compliance and risk management.」
The company describes a framework combining the Compliance Committee, Internal Control Committee, FRA Committee, Inspection Department, Quality Assurance Department and compliance hotline.