Risk Response by the Risk Management Committee and Full-Time Officers’ Meeting
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024.
36 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The company has established the Risk Management Committee (Standing Committee) to respond when an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur. The committee deliberates on responses, formulates and implements measures. Risks related to sustainability are also deliberated by the committee, which will take appropriate action when a risk arises.」
In addition to its existing response to material risks, the Risk Management Committee (Standing Committee) explicitly includes sustainability-related risks within the scope of its deliberations and response. - FY2022RestatedAnnual report
「With regard to risk management, the Risk Management Committee (Standing Committee) shares information required for risk management and considers appropriate responses based on the potential impact on management.」
The company reconfirms the procedures for information sharing and consideration based on the potential impact by the Risk Management Committee (Standing Committee), together with convening the committee, issuing instructions and checking implementation when a material risk arises. - FY2021Change in the names used for the Risk Management Committee and Standing CommitteeAnnual report
「With regard to risk management, the Risk Management Committee (Standing Committee) shares information required for risk management and considers appropriate responses based on the potential impact on management. If an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur, the Standing Committee, comprising the president and division heads, is convened immediately to deliberate on the response, issue specific instructions on decisions made to the relevant divisions, and monitor their implementation.」
The Risk Management Committee is now described with “Standing Committee” in parentheses, while the procedures for sharing information, considering responses based on the potential impact, and convening, issuing instructions and checking implementation when a material risk arises have been maintained. - FY2019RestatedAnnual report
「With regard to risk management, the Risk Management Committee shares information required for risk management and considers appropriate responses based on the potential impact on management. If an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur, the Standing Committee, comprising the president and division heads, is convened immediately to deliberate on the response, issue specific instructions on decisions made to the relevant divisions, and monitor their implementation.」
The company reconfirms the Risk Management Committee’s sharing of information and consideration of the potential impact, as well as the Standing Committee’s determination of responses and confirmation of implementation when a material risk arises. - FY2018RestatedAnnual report
「With regard to risk management, the Risk Management Committee shares information required for risk management and considers appropriate responses based on the potential impact on management. If an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur, the Standing Committee, comprising the president and division heads, is convened immediately to deliberate on the response, issue specific instructions on decisions made to the relevant divisions, and monitor their implementation.」
The company reconfirms the Risk Management Committee’s sharing of information and consideration of the potential impact, as well as the Standing Committee’s determination of responses and confirmation of implementation when a material risk arises. - FY2017RestatedAnnual report
「With regard to risk management, the Risk Management Committee shares information required for risk management and considers appropriate responses based on the potential impact on management. If an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur, the Standing Committee, comprising the president and division heads, is convened immediately to deliberate on the response, issue specific instructions on decisions made to the relevant divisions, and monitor their implementation.」
The company reconfirms the Risk Management Committee’s sharing of information and consideration of the potential impact, as well as the Standing Committee’s determination of responses and progress monitoring when a material risk arises. - FY2016First statedAnnual report
「With regard to risk management, the Risk Management Committee shares information required for risk management and considers appropriate responses based on the potential impact on management. If an unforeseen event or risk that could have a material impact on the company’s management appears likely to occur, the Standing Committee, comprising the president and division heads, is convened immediately to deliberate on the response, issue specific instructions on decisions made to the relevant divisions, and monitor their implementation.」
The procedures for risk response are described, including sharing risk information, considering responses based on the potential impact, and convening the Standing Committee, issuing instructions and checking implementation when a material risk arises.