Risk Management Committee and Internal Control Framework
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024.
44 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The Committee was established as an organization for discussing issues and measures related to company-wide risk management. Members of the Executive Officer Meeting serve as committee members, with Kobayashi Nobuo (小林 宣夫) (representative director and president and chief executive officer) serving as chair. Depending on the specific issue, the chair appoints officers and employees whom the chair deems necessary to serve as committee members. The full-time Audit and Supervisory Committee member, general manager of the Accounting Department, general manager of the Corporate Planning Department, general manager of the General Affairs Department, general manager of the Human Resources Department, general manager of the Audit Department and general manager of the Legal Department also attend as observers, and the Company works to ensure effective and efficient risk management.」
The composition of the Risk Management Committee, appointment of members according to specific issues, and participation by audit and administrative departments as observers were presented in detail. - FY2021RestatedAnnual report
「The Company has established risk management regulations and manages loss-related risks. It has also established a Risk Management Committee chaired by the representative director and president, which regularly manages and oversees risk reviews, assessments and countermeasures.」
The framework of regular reviews, assessments and countermeasures under the risk management regulations and the Risk Management Committee chaired by the president continued. - FY2020RestatedAnnual report
「The Company has established risk management regulations and manages loss-related risks. It has also established a Risk Management Committee chaired by the representative director and president, which regularly manages and oversees risk reviews, assessments and countermeasures.」
The framework of regular reviews, assessments and countermeasures under the risk management regulations and a committee chaired by the president continued. - FY2019RestatedAnnual report
「The Company has established risk management regulations and manages loss-related risks. It has also established a Risk Management Committee chaired by the representative director and president, which regularly manages and oversees risk reviews, assessments and countermeasures.」
The framework of regular reviews, assessments and countermeasures under the risk management regulations and the Risk Management Committee chaired by the president continued. - FY2018RestatedAnnual report
「The Company has established risk management regulations and manages loss-related risks. It has also established a Risk Management Committee chaired by the representative director and president, which regularly manages and oversees risk reviews, assessments and countermeasures.」
The framework comprising risk management regulations, a committee chaired by the representative director and president, and regular reviews, assessments and countermeasures was reiterated. - FY2017AdvancedAnnual report
「The Company has established risk management regulations and manages loss-related risks. It has also established a Risk Management Committee chaired by the representative director and president, which regularly manages and oversees risk reviews, assessments and countermeasures. For ubiquitous potential risks, including natural disasters, accidents and violations of laws and regulations, the Company has established disaster-prevention and compliance manuals and works to prevent and mitigate such risks through insurance coverage, training and audits by the Audit Office.」
In addition to management through existing regulations and committees, specific management measures were presented, including disaster-prevention and compliance manuals, insurance, training, audits and an emergency response headquarters. - FY2016First statedAnnual report
「The Company has established Risk Management Regulations and manages risks of loss. It has also established a Risk Management Committee chaired by the President, which regularly manages and oversees the review, assessment and mitigation of risks.」
The regulations, a committee chaired by the President and regular reviews, assessments and countermeasures form the risk-management framework.