Establishing a Risk Management Committee and Crisis Response Framework
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company has established company-wide response processes covering the protection of human life, business substitution, facility restoration, and information transmission when local subsidiaries suspend operations in scenarios including a Nankai Trough megathrust earthquake, and is implementing initiatives to improve the effectiveness of its business continuity plan.」
The Company has made its risk management framework more concrete through BCP planning that includes business substitution, restoration, and information transmission processes when subsidiaries suspend operations in scenarios including a Nankai Trough megathrust earthquake. - FY2025AdvancedAnnual report
「The Company works to ensure the effectiveness of its response by appointing and clearly designating a risk owner for each risk. The results of risk assessments are reported to the Board of Directors, which determines the priority of risks requiring action and directs the implementation of measures after reviewing and considering their relative interrelationships from a management perspective.」
The Company has made risk management centered on the Sustainability Promotion Committee more concrete, including the appointment of risk owners, prioritization by the Board of Directors, and direction of countermeasures. - FY2022ReframedAnnual report
「At a Board of Directors meeting held on 19 May 2022, the Company resolved to reorganize the Risk Management Committee and establish the Sustainability Promotion Committee effective 1 June 2022.」
The Company has resolved a plan to reorganize the former Risk Management Committee into a Sustainability Promotion Committee responsible for opportunities and risks, including ESG and social issues. - FY2021AdvancedAnnual report
「The Group classifies risks into strategic execution risks and operational risks, and defines each as follows. In identifying risks, it also classifies them into strategic execution risks and operational risks, each of which is defined as follows.」
The Company has made its risk management framework more concrete by classifying risks into strategic execution risks and operational risks and having the Risk Management Committee monitor progress. - FY2018RestatedAnnual report
「The Company established Risk Management Regulations to prevent risks and minimize losses to the Company, and is working to strengthen its risk management framework. It has also established a Risk Management Committee chaired by the head of the Administration Headquarters, who is a director, and composed of representatives from the Administration Headquarters and each business division.」
The Company continues to disclose a management framework involving Risk Management Regulations, the Risk Management Committee, and a crisis response headquarters activated when a crisis occurs. - FY2017First statedAnnual report
「We have established risk management rules to strengthen our risk management framework. We have also established a Risk Management Committee chaired by the head of the Corporate Administration Division, who is a director, and comprising representatives from the Corporate Administration Division and each business division. The committee meets as necessary, generally once a quarter, to identify potential risks facing the company and consider and discuss countermeasures.」
The company has established risk management rules, a Risk Management Committee that generally meets quarterly, and a response headquarters under its crisis management manual.