Risk Management and Compliance Framework
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2026.
Nishikawa Keisoku moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 3 of 15 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Sustainability Committee operated as the Risk Management and Compliance Committee during 2025. Its functions were strengthened as a forum for addressing sustainability-related matters, and it has operated as the Sustainability Committee since 2026.」
The former Risk Management and Compliance Committee has been reorganised and renamed the Sustainability Committee, which handles sustainability-related matters and company-wide risks. - FY2025AdvancedAnnual report
「We classify management risks into the following 4 categories and identify the risks.」
We have formalised a process for identifying risks across 4 categories, strategic, financial, hazard, and operational, evaluating them based on impact and frequency, prioritising them, and reviewing them at least once a year in principle. - FY2024AdvancedAnnual report
「The committee identifies and assesses the financial impact of all risks and deliberates on countermeasures. Material risks are reported to the Board of Directors through the director responsible for the administrative division and reflected in strategies and plans.」
We have formalised procedures for identifying all risks, assessing their financial impact, deliberating on countermeasures, reporting to the Board of Directors, and reflecting them in strategies and plans. - FY2023AdvancedAnnual report
「The committee identifies and assesses the financial impact of all management risks, including climate change and personnel-related risks, and deliberates on countermeasures. Material risks are reported to the Board of Directors through the director responsible for the administrative division.」
The former Risk Management and Compliance Committee has formalised procedures covering the identification of all risks, including climate change and personnel-related risks, assessment of their financial impact, and reporting to the Board of Directors. - FY2022RestatedAnnual report
「As part of our risk management framework, we have established the Risk Management and Compliance Committee, chaired by the director responsible for the administrative division, as the organisation responsible for promoting risk management. Controls over business processes are primarily handled by the business administration and accounting divisions, while controls over information systems are handled by the information systems division, which works to ensure thorough information management within each division.」
We are reconfirming the control framework involving the Risk Management and Compliance Committee, the business administration and accounting divisions, and the information systems division. - FY2021RestatedAnnual report
「As part of our risk management framework, we have established the Risk Management and Compliance Committee, chaired by the director responsible for the administrative division, as the organisation responsible for promoting risk management. Controls over business processes are primarily handled by the business administration and accounting divisions, while controls over information systems are handled by the information systems division, which works to ensure thorough information management within each division.」
We are reconfirming the control framework involving the Risk Management and Compliance Committee, the business administration and accounting divisions, and the information systems division. - FY2019RestatedAnnual report
「As part of our risk management framework, we have established the Risk Management and Compliance Committee, chaired by the director responsible for the administrative division, as the organisation responsible for promoting risk management. Controls over business processes are primarily handled by the business administration and accounting divisions, while controls over information systems are handled by the information systems division, which works to ensure thorough information management within each division.」
We are reconfirming the control framework involving the Risk Management and Compliance Committee, the business administration and accounting divisions, and the information systems division. - FY2017RestatedAnnual report
「As part of our risk management framework, we have established the Risk Management and Compliance Committee, chaired by the director responsible for the administrative division, as the organisation responsible for promoting risk management.」
We are reconfirming the risk management and compliance framework centred on the Risk Management and Compliance Committee. - FY2016First statedAnnual report
「As the organization responsible for promoting risk management, the company has established a Risk Management and Compliance Committee chaired by the director responsible for the administration division.」
The company describes a framework centered on the Risk Management and Compliance Committee to oversee controls covering business processes, accounting, and information systems.