Company-Wide Risk Management by the Compliance and Risk Management Committee
First written in FY2017. 6 of 9 entries say "Advanced", first in FY2018. Latest entry: 2026-09-08.
70 other companies' latest entry also says "Advanced".
- FY2022-Q2RestatedAnnual report
「The Company has established a Compliance and Risk Management Committee comprising the representative director, president and executive officer and the heads of departments responsible for administration, with 2 full-time corporate auditors serving as observers. The committee develops the risk management framework, including the classification, identification and reporting of risk conditions in each department and the drafting and establishment of rules. It also monitors the formulation and implementation of preventive and response measures and other necessary actions, and reports on these activities to the board of directors in a timely manner.」
The composition of the Compliance and Risk Management Committee and its practices for risk identification, monitoring and reporting to the board of directors continue. - FY2022-Q1ReframedAnnual report
「The Company has established a Compliance and Risk Management Committee comprising the representative director, president and executive officer and the heads of departments responsible for administration, with 2 full-time corporate auditors serving as observers. The committee develops the risk management framework, including the classification, identification and reporting of risk conditions in each department and the drafting and establishment of rules. It also monitors the formulation and implementation of preventive and response measures and other necessary actions, and reports on these activities to the board of directors in a timely manner.」
The committee’s composition changed from the previous description, in which the full-time corporate auditors were members, to a description in which they serve as observers. Its risk identification, monitoring and reporting functions to the board of directors continue. - FY2019AdvancedAnnual report
「The Company has established a Compliance and Risk Management Committee comprising the heads of departments responsible for administration and 2 full-time corporate auditors. The committee develops the risk management framework, including the classification, identification and reporting of risk conditions in each department and the drafting and establishment of rules. It also monitors the formulation and implementation of preventive and response measures and other necessary actions, and reports on these activities to the board of directors in a timely manner.」
In addition to the committee’s composition, risk identification and reporting, and monitoring of preventive and response measures, the practice of reporting on activities to the board of directors in a timely manner has been confirmed. - FY2018AdvancedAnnual report
「The Company has established a Compliance and Risk Management Committee comprising the heads of departments responsible for administration and 2 full-time corporate auditors. The committee develops the risk management framework, including the classification, identification and reporting of risk conditions in each department and the drafting and establishment of rules. It also monitors the formulation and implementation of preventive and response measures and other necessary actions, and reports on these activities to the board of directors once a year.」
The committee’s composition, risk identification and reporting, monitoring, and annual reporting to the board of directors are specifically described as established practices. - FY2017First statedAnnual report
「The Company has established a Compliance and Risk Management Committee, which oversees the risk management activities of each department and subsidiary and makes comprehensive decisions on the basic risk management policy, implementation framework, drafting of risk management rules and other important matters.」
A company-wide risk management framework has been identified for the first time, including risk identification by the committee, monitoring of controls and the establishment of an incident response headquarters when a crisis occurs.