Enterprise-Wide Risk Management by the Risk Management Committee
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026.
69 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group has established a Risk Management Committee to promote and oversee enterprise-wide risk management. Each department identifies and addresses risks relating to its operations, while the Committee consolidates the risks reported by each department across the Group and considers their evaluation, the status of responses and the need for additional measures.」
In addition to the previous explanation of committee and departmental management, the selection and oversight process was specified in greater detail, including risk identification, evaluation, classification by likelihood, impact and timing, categorization into 4 types, and reporting to the Board of Directors. - FY2025RestatedAnnual report
「The Company has established a Risk Management Committee to promote and oversee enterprise-wide risk management.」
The risk management framework remains in place, including the Risk Management Committee, departmental management led by the heads of each department as responsible officers, risk measurement, monitoring, training and the establishment of response teams in emergencies. - FY2023-Q2AdvancedAnnual report
「Soon after the funds were transferred out, the Company realized that the instructions were fraudulent and determined that it was highly likely to have been drawn into a crime. It formed a response team, including attorneys, and reported the damage to the investigative authorities. After taking the necessary internal measures to prevent a recurrence and further loss, the Company is cooperating fully with the investigation and making every effort to preserve and recover the transferred funds.」
The disclosure specifically describes the formation of a response team including attorneys, notification of the investigative authorities, internal measures to prevent recurrence and procedures to recover funds in response to the fund-transfer incident. - FY2020AdvancedAnnual report
「As part of the departmental risk management framework, the Company appoints the heads of each department as risk management officers. They identify risks relating to their respective departments, ascertain the status of risk-mitigation measures, provide risk management training and information, and perform other related activities. Through this ordinary-course risk management framework, the Company seeks to prevent risks from arising. In an emergency, related departments take the lead in forming a response team and working to resolve the issue.」
In addition to enterprise-wide management by the Risk Management Committee, the disclosure specifically describes departmental management led by the heads of each department as risk management officers, training and information provision, and the establishment of response teams in emergencies. - FY2019RestatedAnnual report
「The Company has established a Risk Management Committee to promote and oversee enterprise-wide risk management. The Committee formulates basic risk management policies, conducts overall evaluations and periodic reviews of the risk management framework, measures the amount of risk according to its significance and likelihood of occurrence, oversees overall risks through monitoring, and develops improvement measures.」
The framework for measuring risk, monitoring, reviewing the risk management framework and developing improvement measures through the Risk Management Committee remains in place. - FY2018RestatedAnnual report
「The Company has established a Risk Management Committee to promote and oversee enterprise-wide risk management. The Committee formulates basic risk management policies, conducts overall evaluations and periodic reviews of the risk management framework, measures the amount of risk according to its significance and likelihood of occurrence, oversees overall risks through monitoring, and develops improvement measures.」
The framework for measuring risk, monitoring, reviewing the risk management framework and developing improvement measures through the Risk Management Committee remains in place. - FY2017RestatedAnnual report
「The Company has established a Risk Management Committee to promote and oversee enterprise-wide risk management. The Committee formulates basic risk management policies, conducts overall evaluations and periodic reviews of the risk management framework, measures the amount of risk according to its significance and likelihood of occurrence, oversees overall risks through monitoring, and develops improvement measures.」
The framework for measuring risk, monitoring and developing improvement measures through the Risk Management Committee remains in place. - FY2016First statedAnnual report
「The Company has established a Risk Management Committee to promote and oversee enterprise-wide risk management. The Committee formulates basic risk management policies, conducts overall evaluations and periodic reviews of the risk management framework, measures the amount of risk according to its significance and likelihood of occurrence, oversees overall risks through monitoring, and develops improvement measures.」
The risk management framework is described, including the Risk Management Committee, departmental heads, monitoring and risk measurement.