Risk Monitoring and Reporting Framework through Leadership Meetings, etc.
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2026.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Specifically, management meetings identify and assess risks and select the Board of Directors' priority risks. The departments responsible for the selected priority risks implement and improve risk responses appropriate to the nature of each risk, and the results are monitored regularly at management meetings and Board meetings. …When a risk materialises, the Risk Management Committee convenes under the president and representative director and determines the response policy and other measures for the risk.」
In addition to oversight by management meetings and the Board of Directors, the company explicitly describes a two-axis assessment based on likelihood of occurrence and impact, improvements by the responsible departments, regular monitoring, and the Risk Management Committee. - FY2024AdvancedAnnual report
「The company also identifies its key priority risk items each year and reports the status of related initiatives to the Board of Directors.」
In addition to the existing mutual oversight at management meetings and other forums, the consolidation of information by the head of the Administration Headquarters, and resolutions by the Board of Directors, the company explicitly states that it identifies priority risk items each year and reports the status of related initiatives to the Board. - FY2020RestatedAnnual report
「For comprehensive risk management, our company conducts mutual monitoring and checks at management meetings and other forums, based on the view that information sharing among the various divisions is essential to prevent foreseeable risks. Important matters are considered and approved by the directors or the Board of Directors.」
The risk management framework continues to be described as involving mutual oversight and checks at management meetings and other forums, discussion and approval by the Board of Directors and other bodies, and the consolidation of information by the head of the Administration Headquarters. - FY2019ReframedAnnual report
「For comprehensive risk management, our company conducts mutual monitoring and checks at management meetings and other forums, based on the view that information sharing among the various divisions is essential to prevent foreseeable risks. Important matters are considered and approved by the directors or the Board of Directors. When a risk arises, information is promptly gathered by the head of the Administration Division, and the heads of relevant organizations and other personnel are convened depending on the nature of the risk. After response measures are considered, information is disclosed with the president’s approval and, depending on the nature of the risk, a resolution of the Board of Directors.」
The risk-monitoring and reporting framework is described as including management meetings, the head of the Administration Division and the heads of relevant organizations, rather than focusing solely on leadership meetings. - FY2018AdvancedAnnual report
「When a risk arises, information is promptly gathered by the leader of the Business Planning Group, and a leadership meeting or the leaders of relevant groups are convened depending on the nature of the risk. After response measures are considered, information is disclosed with the president’s approval and, depending on the nature of the risk, a resolution of the Board of Directors.」
In addition to monitoring and checks through the existing leadership meetings, the company specifies procedures for gathering information, convening meetings, obtaining the president’s approval and a Board of Directors resolution, and making disclosures when a risk arises. - FY2017First statedAnnual report
「For comprehensive risk management, our company conducts mutual monitoring and checks at leadership meetings, based on the view that information sharing among the various divisions is essential to prevent foreseeable risks. Important matters are considered and approved by the directors or the Board of Directors.」
The company describes information sharing among divisions, mutual monitoring and checks at leadership meetings, and consideration and approval by the Board of Directors and other bodies as its risk-management framework.