Management of Key Risks by the Risk Management Committee
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Group defines risk as “uncertainties that could affect the Group’s sustainable growth.” At the Risk Management Committee, chaired by the President and comprising the heads of headquarters, material risks are identified based on reports from each headquarters. A headquarters responsible for promoting the response to each material risk is designated, and risk reduction activities are promoted throughout the Group.」
The Group is reconfirming the enterprise-wide risk management process comprising the definition of risk, a committee chaired by the President, and the headquarters responsible for each material risk. - FY2024AdvancedAnnual report
「The Group defines risk as “uncertainties that could affect the Group’s sustainable growth.” At the Risk Management Committee, chaired by the President and comprising the heads of headquarters and the executive officer responsible for ESG management, material risks are identified based on reports from each headquarters. A headquarters responsible for promoting the response to each material risk is designated, and risk reduction activities are promoted throughout the Group.」
The Group has detailed an enterprise-wide risk management process comprising the definition of risk, a committee chaired by the President, and the designation of the headquarters responsible for each material risk. - FY2023RestatedAnnual report
「Based on its Risk Management Policy and Risk Management Rules, the Group convenes the Risk Management Committee twice a year to report on and assess the status of management of material risks that could significantly affect the Group’s management, and reports the results to the Board of Directors.」
The Group is reconfirming the process under which the Risk Management Committee meets twice a year, identifies and assesses material and critical risks, and reports them to the Board of Directors. - FY2021AdvancedAnnual report
「Based on its Risk Management Policy and Risk Management Rules, the Group convenes the Risk Management Committee twice a year to report on and assess the status of management of material risks that could significantly affect the Group’s management, and reports the results to the Board of Directors.」
The Group has specified an enterprise-wide management process under which the Risk Management Committee meets twice a year, classifies and assesses material and critical risks, and reports them to the Board of Directors. - FY2020First statedAnnual report
「Based on its Risk Management Policy and Risk Management Rules, the Group convenes the Risk Management Committee twice a year to report on and assess the status of management of material risks that could significantly affect the Group’s management.」
The Group has, for the first time, specified an enterprise-wide risk management framework that classifies risks as material risks and critical risks and identifies, reports on, and assesses them through the Risk Management Committee.