Centralized Management of Risk Information by the Internal Control Committee
First written in FY2016. 3 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2024.
95 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The Risk Management Subcommittee or the department responsible for each risk reviews risks every fiscal year, reassesses their significance from the perspectives of potential loss and frequency of occurrence, and prepares a risk map of the major risks. After clarifying the response scope, targets and deadlines for major risks, it implements measures for each risk, monitors implementation status and effectiveness, and makes any necessary corrections and improvements.」
In addition to identifying and assessing risks, it specifies procedures covering annual reassessment, preparation of a risk map, monitoring of response effectiveness, and corrective and improvement measures. - FY2022AdvancedAnnual report
「The Risk Management Subcommittee or the department responsible for each risk identifies and assesses risks, establishes and implements measures for each risk after clarifying the response measures, scope, targets and deadlines, monitors implementation status and effectiveness, and makes any necessary corrections and improvements.」
In addition to centralized management of significant risks, it specifies operating procedures covering the clarification of targets and deadlines, monitoring of implementation effectiveness, corrective and improvement measures, and reporting to the Board of Directors. - FY2021AdvancedAnnual report
「In addition, the Risk Management Subcommittee within the Internal Control and Risk Management Committee establishes policies and takes measures concerning significant risks at the group level, including those related to people, physical assets, funds and information.」
In addition to centralized management by the existing Internal Control and Risk Management Committee, it describes a structure under which the Risk Management Subcommittee within the committee handles significant risks at the group level. - FY2016First statedAnnual report
「The Internal Control Committee establishes and disseminates to all group companies rules governing the investigation, clarification and communication routes for “fraud and risk information,” with the aim of centrally managing information on fraud and compliance-related risks and ensuring that all emergencies are reported.」
Specific measures include centralized management of fraud- and compliance-related information and the establishment of reporting routes.