Company-wide risk management by division heads and the Board of Directors
First written in FY2017. 4 of 6 entries say "Reframed", first in FY2018. Latest entry: FY2025.
JMACS Japan moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Under the risk management framework, the heads of each division serve as the responsible officers. Responsibilities and required actions are allocated and managed among the relevant departments, and material risks relating to management are reported to the Board of Directors and submitted for approval on an individual basis.」
The description has been simplified from a specific list of responsible departments to a structure in which the heads of each division serve as the responsible officers. The procedures for reporting material risks to and obtaining approval from the Board of Directors remain in place. - FY2022ReframedAnnual report
「Under the risk management framework, the head of the Administration Department and the heads of each division within the Business Management Headquarters serve as the responsible officers. Responsibilities and required actions are allocated and managed among the relevant departments, and material risks relating to management are reported to the Board of Directors and submitted for approval on an individual basis.」
The description of those responsible for risk management has been reorganized from a structure centered on the Administration Section, Accounting Section, Sales Headquarters and Manufacturing Technology Headquarters to one centered on the Administration Department and the heads of each division within the Business Management Headquarters. - FY2021ReframedAnnual report
「Under the risk management framework, the heads of the Administration Section, Accounting Section, Sales Headquarters and Manufacturing Technology Headquarters serve as the responsible officers. Responsibilities and required actions are allocated and managed among the relevant departments, and material risks relating to management are reported to the Board of Directors and submitted for approval on an individual basis.」
Responsibility for risk management has been reorganized around the heads of the Administration Section, Accounting Section, Sales Headquarters and Manufacturing Technology Headquarters. The procedures for reporting material risks to and obtaining approval from the Board of Directors remain in place. - FY2020RestatedAnnual report
「Material risks relating to management are reported to the Board of Directors and submitted for approval on an individual basis.」
The heads of each division serve as the responsible officers, and the process of reporting material risks to and obtaining approval from the Board of Directors remains in place. - FY2018ReframedAnnual report
「Under the risk management system, the heads of the Administration Department, Wire Sales Division, Manufacturing Technology Division, Product Sales Division and Marketing Office are responsible for their respective areas. Responsibilities and required actions are allocated and managed among the relevant departments, and important management risks are reported individually to the Board of Directors for approval.」
Responsibility for risk management has been reorganized from the former Wire and Cable Division, Total Solutions Division, Overseas Office and other units to the Wire and Cable Sales Headquarters, Manufacturing Technology Headquarters, Product Sales Headquarters, Marketing Office and other units. - FY2017First statedAnnual report
「Under the risk management system, the heads of the Administration Department, Wire Business Department, Total Solutions Department and Overseas Office are responsible for their respective areas. Responsibilities and required actions are allocated and managed among the relevant departments, and important management risks are reported individually to the Board of Directors for approval.」
The Company has introduced a management process under which the heads of the Administration Department, Wire Business Department, Total Solutions Department and Overseas Office are responsible for their respective areas, with important risks reported to the Board of Directors for approval.