Integrated Management of Capital, Risk and Earnings through ERM
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2024-Q3.
- FY2024-Q3RestatedAnnual report
「To identify material risks, we evaluate the impact※1 and likelihood of occurrence of each risk on a 4-point scale based on the results of identifying material risks at Group companies. Using a heat map, we identify highly material risks as Group-wide material risks and review them annually. We also identify emerging risks※2 annually, meaning risks that are not material at present but are expected to newly emerge.」
The company continues to explicitly set out ERM practices involving 4-point assessments of impact and likelihood of occurrence, heat maps, annual reviews, and identification of emerging risks. - FY2023-Q3AdvancedAnnual report
「To identify material risks, we evaluate the impact※1 and likelihood of occurrence of each risk on a 4-point scale based on the results of identifying material risks at Group companies. Using a heat map, we identify highly material risks as Group-wide material risks and review them annually.」
ERM and risk management took concrete form through 4-point assessments of impact and likelihood of occurrence, heat maps, and annual reviews. - FY2022-Q3RestatedAnnual report
「In identifying material risks, we comprehensively identify various risks at each Group company, including emerging risks that may materialize as a result of environmental changes and other factors. Risks identified by each company are designated as material risks on a Group-wide basis by the responsible risk management function, taking into account their impact and likelihood of occurrence across the Group, as well as the size of each company and the potential for effects to spread within the Group. By formulating business plans that reflect these risks, we promote a PDCA cycle based on risk awareness and appropriately manage risks from the early warning stage.」
The company continues to explicitly set out Group-wide identification of risks, including emerging risks, assessment of their materiality, linkage with business plans, and management through the PDCA cycle. - FY2022-Q2AdvancedAnnual report
「In identifying material risks, we comprehensively identify various risks at each Group company, including emerging risks that may materialize as a result of environmental changes and other factors. Risks identified by each company are designated as material risks on a Group-wide basis by the responsible risk management function, taking into account their impact and likelihood of occurrence across the Group, as well as the size of each company and the potential for effects to spread within the Group. By formulating business plans that reflect these risks, we promote a PDCA cycle based on risk awareness and appropriately manage risks from the early warning stage.」
ERM and risk management took concrete form through Group-wide identification of risks, including emerging risks, identification of material risks based on impact and likelihood of occurrence, and a PDCA cycle linked to business plans. - FY2019AdvancedAnnual report
「We have established and regularly convene the Group ERM Committee, which is responsible for formulating risk management policies, confirming compliance with them, and considering measures to enhance the risk management framework.」
ERM took concrete operational form through the risk management coordination unit, the Group ERM Committee, risk appetite management, integrated management on an economic value, accounting and regulatory basis, and stress testing. - FY2017First statedAnnual report
「Our Group promotes enterprise risk management (ERM), which involves formulating management plans, capital policies and other measures in accordance with the status of capital, risks and profit, and conducting business activities accordingly.」
Described in detail the ERM framework linking management plans and capital policies with the status of capital, risk and profit.