Company-wide Management of Project Risks
First written in FY2016. 6 of 11 entries say "Restated". Latest entry: FY2026.
ULS Group moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2021: 1 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「We have established and operate a structure to identify and manage project-related risks from specialized and company-wide perspectives. This includes the Delivery Excellence Office (DEO) and other departments that provide specialized project quality management support independently of business divisions, as well as an Internal Audit Office reporting directly to the president.」
The wording was revised from the former description referring to PSAT and related functions to describe a quality and project risk management system including the Delivery Excellence Office (DEO), among others. - 2026-05-13ReframedEarnings
「We have established and operate a structure to identify and manage project-related risks from specialized and company-wide perspectives. This includes the Delivery Excellence Office (DEO) and other departments that provide specialized project quality management support independently of business divisions, as well as an Internal Audit Office reporting directly to the president.」
The description of the specialized project risk management structure was reorganized from the previous reference to PSAT and other functions to include the Delivery Excellence Office (DEO) and related functions. - FY2025RestatedAnnual report
「The Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Support & Assurance Team (PSAT), among others, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
The Company continues its project risk management system comprising reviews by each business division, PSAT and related functions, and the Internal Audit Office reporting directly to the President. - FY2024RestatedAnnual report
「The Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Support & Assurance Team (PSAT), among others, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
The Company continues its company-wide system for managing project risks through PSAT and related functions, the Internal Audit Office and reviews by each business division. - FY2023ReframedAnnual report
「The Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Support & Assurance Team (PSAT), among others, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
The wording was revised to describe a system including the Project Support & Assurance Team (PSAT), among others, in place of the former Project Management Promotion Office. - FY2022RestatedAnnual report
「The current system functions adequately in light of the present scale and nature of the business. However, rather than relying on the current risk management system, the Company is preparing for future business expansion and changes in the nature of the business by systematically accumulating expertise and experience in identifying risks and developing solutions, and sharing this knowledge internally.」
While stating that the current system is functioning, the Company continued to accumulate and share internally expertise on identifying and resolving risks in preparation for business expansion and changes in the nature of the business. - FY2020RestatedAnnual report
「The current system functions adequately in light of the present scale and nature of the business. However, rather than relying on the current risk management system, the Company is preparing for future business expansion and changes in the nature of the business by systematically accumulating expertise and experience in identifying risks and developing solutions, and sharing this knowledge internally.」
While stating that the current system functions adequately, the Company continues to accumulate and share internally expertise on identifying risks and developing solutions in preparation for future business expansion. - FY2019WorsenedAnnual report
「However, improving the capabilities of these risk management systems requires a certain amount of time, and if future business expansion or changes in the nature of the business progress more rapidly than anticipated, the Group's risk management system may fail to function effectively.」
While stating that the current system functions adequately at the present scale of the business, the Company newly disclosed that its risk management system may fail to function effectively if business expansion or changes in the nature of the business occur more rapidly than anticipated. - FY2018RestatedAnnual report
「In addition to strict reviews based on internal regulations by the business divisions of each subsidiary, the Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Management Promotion Office, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
Reiterating the company-wide management system comprising reviews by each business division, the Project Management Promotion Office and the Internal Audit Office reporting directly to the President. - FY2017RestatedAnnual report
「In addition to strict reviews based on internal regulations by the business divisions of each subsidiary, the Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Management Promotion Office, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
Reiterating the company-wide risk management system comprising reviews by each business division, the Project Management Promotion Office and the Internal Audit Office reporting directly to the President. - FY2016First statedAnnual report
「In addition to strict reviews based on internal regulations by the business divisions of each subsidiary, the Company established and operates a system to identify and manage project-related risks from specialized and company-wide perspectives. This system includes the Project Management Promotion Office, an independent department providing specialized project management support separately from the business divisions, and the Internal Audit Office, which reports directly to the President.」
A system for managing project risks relating to estimates, credit, contracts, personnel, administration, quality and outsourcing, among other matters.