Company-Wide Risk Management and Compliance Framework
First written in FY2016. 4 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Based on the procedures for reporting accidents and other incidents prepared in the previous fiscal year, the Sustainability Committee reviews the response from the occurrence of an incident through completion of the audit by confirming the effectiveness of measures to prevent recurrence, providing feedback to the department where the incident occurred, and having the Internal Audit Office verify the content.」
The company specifies the operating process for risk management by the Sustainability Committee: reporting when an incident occurs, verifying the effectiveness of measures to prevent recurrence, providing feedback to the operating site, verification by the Internal Audit Office, and review by the committee. - FY2024AdvancedAnnual report
「For risk management, each department prepares a report on the status of risk management for the operations under its responsibility in accordance with the Risk Management Regulations, and the Sustainability Committee verifies the reports. The Sustainability Committee met 4 times during the fiscal year under review.」
The company discloses its company-wide risk management by the Sustainability Committee following the abolition of the RC Committee, including verification of reports from each department and 4 meetings during the year. - FY2022ReframedAnnual report
「Risk management had been conducted by the Risk Management and Compliance Committee (hereinafter, the RC Committee). To ensure the implementation of the Sustainability Basic Policy established on 1 December 2021, responsibility was transferred to the Sustainability Committee, which was established on the same date, and the RC Committee was abolished on that date.」
Company-wide risk management was transferred from the former RC Committee to the Sustainability Committee, which is responsible for implementing the Sustainability Basic Policy, and the RC Committee was abolished. - FY2021RestatedAnnual report
「For risk management, each department prepares a report on the status of risk management for the operations under its responsibility in accordance with the risk management regulations, and the Risk Management and Compliance Committee verifies the reports. The Risk Management and Compliance Committee met 4 times during the fiscal year under review.」
The company continues to operate a company-wide risk management framework in which the Risk Management and Compliance Committee verifies risk reports from each department. - FY2019AdvancedAnnual report
「The Risk Management and Compliance Committee, which meets at least once every 3 months, is chaired by the Representative Director and President. Its members include executive directors responsible for business execution, Audit & Supervisory Board Members, executive officers, and the chairs of the safety and health, disaster prevention, and environmental committees. The committee investigates, deliberates on and verifies matters necessary for risk management and compliance, and reports to the company and makes improvement proposals.」
The company specifies the meeting frequency, composition and functions of the Risk Management and Compliance Committee, which met 4 times during the fiscal year under review to verify the status of risk management. - FY2018AdvancedAnnual report
「The Representative Director and President continually emphasizes the importance of compliance, including by issuing a compliance policy and presenting employees with clear standards of conduct, and has established an internal whistleblowing system.」
The company specifically states that it has established an internal whistleblowing system as part of its company-wide risk management and compliance framework. - FY2017RestatedAnnual report
「The Risk Management and Compliance Committee, chaired by the Representative Director and President, oversees the various committees and conducts comprehensive risk management for the corporate group, including subsidiaries.」
The company reconfirms that the committee chaired by the president oversees company-wide risk management and compliance, including at subsidiaries. - FY2016First statedAnnual report
「The Risk Management and Compliance Committee, chaired by the Representative Director and President, oversees the various committees and conducts comprehensive risk management for the corporate group, including subsidiaries.」
The committee chaired by the president oversees the management framework, including the responsible departments, individual committees, and departments overseeing subsidiaries.