Risk Management Framework Involving the Internal Audit Office and Corporate Planning Department
First written in FY2019. 7 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
53 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Risk Management Committee meets regularly (at least twice a year) to review the status of responses to priority risks, verify their effectiveness, and assess new risks.」
The company set out the Risk Management Committee's PDCA cycle, including meetings at least twice a year, effectiveness reviews of priority risks, assessment of new risks, and reporting to the Board of Directors. - FY2024AdvancedAnnual report
「We selected 18 priority risks based on a two-dimensional assessment of impact and frequency (rate of escalation), and classified them according to their characteristics.」
For enterprise-wide risk management by the Risk Management Committee, the company selected 18 priority risks based on a two-dimensional assessment of impact and frequency, and established a structure for regular updates and effectiveness reviews. - FY2023AdvancedAnnual report
「To enhance risk management across the Group, we established the Risk Management Committee in April 2023, chaired by the Representative Director and President and comprising all officers at the level of vice president and above. The committee determines high-priority risks and responses to them, and has established a structure for repeatedly reviewing the status of responses and verifying their effectiveness.」
The company evolved from risk management conducted by the audit office and other functions to a structure under which a Risk Management Committee chaired by the president and comprising all officers was established in April 2023. - FY2022AdvancedAnnual report
「During the fiscal year, we shared the results of an audit conducted by the internal audit department on environmental matters, including waste-processing conditions.」
Regarding risk management and internal audit, the results of audits covering environmental matters and waste-processing conditions were shared. - FY2021AdvancedAnnual report
「During the fiscal year, we shared the results of an audit conducted by the internal audit department covering the Group's response to risks associated with the spread of COVID-19.」
Regarding the risk management and audit structure, the results of the audit of responses to risks associated with the spread of COVID-19 were shared with the audit and supervisory committee members and others. - FY2020RestatedAnnual report
「Regarding the risk management structure, the Audit Office identifies external-environment risks and internal-environment risks related to business processes, information systems and other areas to strengthen the risk management structures of each department, and provides risk information to each department.」
The risk management structure, including the identification of external- and internal-environment risks, focused audits and reporting to management, continued to be described. - FY2019First statedAnnual report
「Regarding the risk management structure, the Audit Office identifies external-environment risks and internal-environment risks related to business processes, information systems and other areas to strengthen the risk management structures of each department, and provides risk information to each department.」
The risk management structure, including the identification of external- and internal-environment risks, focused audits, reporting to management, and the compilation of preventive and response measures by the Corporate Planning Department and other departments, was described as an independent topic for the first time.