Establishing a Management Foundation through Structural Reform and Enhanced Risk Governance
First written in FY2021-Q3. 3 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group identifies the risk events requiring the greatest attention over the next year as top risks. Among sustainability-related risks, it has selected risks arising from changes in the environment and society caused by climate change.」
The Group continues to operate the RAF, Risk Appetite Statement, and integrated risk management, and explicitly sets out the selection and monitoring of top risks. - FY2024AdvancedAnnual report
「The Group centralized the planning, operation, and management functions for its core systems and network in the “Systems Planning Section,” reorganized from the “Systems Management Section,” strengthening the organizational structure. It also established the “Security Management Section” to enhance IT governance, including measures to strengthen cybersecurity against increasingly sophisticated cyberattacks.」
In addition to continuing to operate the RAF and risk appetite framework, the Group has specified the operation of risk governance and IT governance by centralizing systems planning functions and establishing the Security Management Section. - FY2022AdvancedAnnual report
「At each fiscal year-end, the Board of Directors establishes the Group’s Risk Appetite Statement and communicates it to the Group’s officers and employees in order to ensure appropriate risk management that is balanced with the Group’s financial strength and profitability. The Board also receives reports on the status of risk management on a regular basis or whenever necessary and monitors the Group’s risk management. In addition, through the establishment of the RAF (Risk Appetite Framework), the Group seeks to promote appropriate risk-taking and optimize risk and return based on its business model and risk awareness.」
For structural reform and risk governance, the Group has specified mechanisms for risk-taking and risk-return management through its Risk Appetite Statement and RAF. - FY2021RestatedAnnual report
「To build a strong financial foundation that enables the Group to fulfill its role as financial infrastructure and proactively take risks that contribute to resolving issues faced by local communities and customers, the Group will improve productivity through a fundamental review of business processes and the digitalization of operations.」
The Group continues to pursue business process reform, digitalization of operations, and integrated credit and systems risk management across the Group as measures to strengthen its management foundation. - FY2021-Q3First statedAnnual report
「To build a strong financial foundation that enables the Group to fulfill its role as financial infrastructure and proactively take risks that contribute to resolving issues faced by local communities and customers, the Group will implement structural reforms, including a fundamental review of business processes, while enhancing risk governance, including credit risk management and compliance risk management.」
The Group treats a fundamental review of business processes, a strong financial foundation, and enhanced credit and compliance risk management as integrated measures to strengthen its management foundation.