Establishment of an Enterprise Risk Management Framework
First written in FY2023. 3 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「In particular, to monitor risks that affect the Group as a whole or are common across the Group (Group-wide key common risks), we classify them as strategic or operational risks, define specific responsibilities and roles for risk management, including discussions by the relevant internal committees, and improve the effectiveness of risk management by compiling the risks in a Group-wide Key Common Risk Management Table.」
The enterprise-wide risk management framework was given concrete form for risks related to the Medium-Term Management Plan 2030 through the classification of strategic and operational risks and the creation of a Group-wide Key Common Risk Management Table. - FY2025RestatedAnnual report
「The risk management status and discussions confirmed through the Committee are reported to the Board of Directors. In addition, we issue a Risk Management Review as an overall assessment to support the implementation of necessary improvement measures and reflect the findings in risk management initiatives for the following fiscal year.」
For enterprise-wide risk management, we continue to operate a framework involving the aggregation and discussion of key risks, reporting to the Board of Directors, the Risk Management Review, and reflection in the following fiscal year's initiatives. - FY2024AdvancedAnnual report
「Based on the risk management status and discussions confirmed through the Committee, we issue a Risk Management Review as an overall assessment to support the implementation of necessary improvement measures, reflect the findings in risk management initiatives for the following fiscal year, and report the Committee's discussions to the Board of Directors.」
The enterprise-wide risk management framework was given concrete form through a PDCA cycle covering the aggregation and monitoring of key risks, the Risk Management Review, and reporting to the Board of Directors. - FY2023First statedAnnual report
「Under the Long-Term Vision and Medium-Term Management Plan 2025, our Group has been building an enterprise-wide risk management framework since fiscal 2023 and monitoring key management risks and their management status across the Group, with a view to actively pursuing new value creation.」
Since fiscal 2023, we have established a new enterprise-wide risk management framework combining the aggregation and listing of key risks by the Group Risk Management Committee, management review by the President, and reporting to the Board of Directors.