Introduction of Enterprise Risk Management (ERM)
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2024.
95 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「We have established the Global Risk Oversight Committee, chaired by a director responsible for finance, corporate planning and general affairs.」
ERM has been developed into an enterprise-wide operating framework encompassing a global ERM policy, top-down and bottom-up assessments, the Global Risk Oversight Committee and monitoring of action plans. - FY2023RestatedAnnual report
「At the Company and its principal operating companies, we identify and assess material risks by sharing management's recognition of business risks through management interviews and assessing risks and the status of their controls with employees working at the operational level.」
We continue enterprise-wide risk management through top-down and bottom-up assessments, the Risk Management Committee, action plans and monitoring following the introduction of ERM. - FY2021AdvancedAnnual report
「Based on the results of enterprise-wide risk assessments conducted at the Company and its principal operating companies, we have identified the following material risks and are implementing measures to mitigate them.」
It systematized and disclosed the operating details of the ERM introduced in July 2020, including top-down and bottom-up risk assessments, the Risk Management Committee, action plans and monitoring. - FY2020First statedAnnual report
「Since July 2020, the Group has implemented enterprise risk management (ERM) to further enhance enterprise-wide risk management at the Company and its principal operating companies. The framework is intended to identify and assess risks from an enterprise-wide perspective and prioritize the allocation of management resources to controls addressing material risks.」
It newly describes the framework introduced in July 2020 for ERM, including enterprise-wide risk assessments, identification of key risks, formulation of response measures and monitoring by the Risk Management Committee.