Centralized risk management and oversight by the Risk Management Committee
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 2 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Risk Management Committee met 14 times during the fiscal year. By centrally collecting and classifying individual risks, it identifies material risks, addresses them and establishes the framework necessary for crisis management. It also conducts disaster preparedness drills as appropriate.」
The company continues centralized risk collection and classification, material risk response and disaster preparedness drills through the Risk Management Committee. - FY2020AdvancedAnnual report
「Of the risks managed by the respective risk management departments, quantifiable risks are measured using common metrics such as value at risk. Capital commensurate with the risks, or risk capital, is allocated to each risk category, and each risk management department assumes risk within its allocated risk capital. The company also establishes alarm points as warning thresholds. When an alarm point is reached, it analyzes the current situation, discusses response measures and reports to management, thereby working to manage risks appropriately and respond promptly.」
For centralized risk management, the company specifically discloses the use of VaR and other measures for quantification, allocation of risk capital, and warnings and reporting based on alarm points. - FY2019RestatedAnnual report
「The Risk Management Committee met 14 times during the fiscal year. By centrally collecting and classifying individual risks, it identifies material risks, addresses them and establishes the framework necessary for crisis management. It also conducts disaster preparedness drills as appropriate.」
The Risk Management Committee met 14 times, and the company continues centralized risk collection and classification, material risk response and disaster preparedness drills. - FY2018RestatedAnnual report
「The company established a Risk Management Committee as its central organization for risk management, and the committee met 14 times during the fiscal year. By centrally collecting and classifying individual risks, the committee identifies material risks, addresses them and establishes the framework necessary for crisis management. The company also conducts disaster preparedness drills as appropriate.」
The company continues to centrally collect and classify risks and address material risks, and the Risk Management Committee met 14 times. - FY2017RestatedAnnual report
「The company established a Risk Management Committee as its central organization for risk management, and the committee met 14 times during the fiscal year. By centrally collecting and classifying individual risks, the committee identifies material risks, addresses them and establishes the framework necessary for crisis management.」
The company continues to centrally collect and classify risks and address material risks. The Risk Management Committee met 14 times during the year. - FY2016First statedAnnual report
「The company established a Risk Management Committee as its central organization for risk management, and the committee met 15 times during the fiscal year. By centrally collecting and classifying individual risks, the committee identifies material risks, addresses them and establishes the framework necessary for crisis management.」
The Integrated Risk Management Team within the Risk Management Division serves as the company-wide middle office, comprehensively managing credit, market and liquidity risks, among others.