Risk Management and Internal Audit Framework Centered on the President
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「To prevent or reduce losses arising from the various risks associated with our business activities, and to ensure early recovery and minimize losses when risks materialize, we have established a risk management system centered on the president and are taking steps, including establishing specialized committees as necessary, to address these risks, including from a compliance perspective. We are also working to ensure contact procedures and lines of instruction and command for a prompt response in emergencies.」
The company continues to maintain the risk management system centered on the president, specialized committees and emergency contact and lines of instruction. - FY2025RestatedAnnual report
「To prevent or reduce losses arising from the various risks associated with our business activities, and to ensure early recovery and minimize losses when risks materialize, we have established a risk management system centered on the president and are taking steps, including establishing specialized committees as necessary, to address these risks, including from a compliance perspective. We are also working to ensure contact procedures and lines of instruction and command for a prompt response in emergencies.」
The company continues to maintain the risk management system centered on the president, specialized committees and emergency contact and lines of instruction. - FY2024RestatedAnnual report
「To prevent or reduce losses arising from the various risks associated with our business activities, and to ensure early recovery and minimize losses when risks materialize, we have established a risk management system centered on the president and are taking steps, including establishing specialized committees as necessary, to address these risks, including from a compliance perspective. We are also working to ensure contact procedures and lines of instruction and command for a prompt response in emergencies.」
The company continues to describe the risk management system centered on the president, specialized committees and emergency contact and lines of instruction. - FY2022Insurance coverage and renewal terms disclosed annuallyAnnual report
「The insurer covers under the policy losses that may arise when an insured becomes liable in the course of performing their duties or receives a claim seeking to hold them liable. The policy is renewed annually, and the company plans to renew it on the same terms at the next renewal.」
The company states that its directors and officers liability insurance covers directors, audit & supervisory board members and executive officers of the company and its subsidiaries, and is scheduled to be renewed annually on the same terms. - FY2021Directors and officers liability insurance policy specifiedAnnual report
「The Company has entered into a directors and officers liability insurance contract with an insurance company as provided for in Article 430-3, Paragraph 1 of the Companies Act, and bears the entire insurance premium.」
In addition to the existing risk management system centered on the president and emergency lines of instruction, the company discloses a directors and officers liability insurance policy covering directors, audit & supervisory board members and other officers. - FY2019Emergency contact and chain-of-command procedures specifiedAnnual report
「To prevent or reduce losses arising from the various risks associated with our business activities, and to ensure early recovery and minimize losses when risks materialize, we have established a risk management system centered on the president and are taking steps, including establishing specialized committees as necessary, to address these risks, including from a compliance perspective. We are also working to ensure contact procedures and lines of instruction and command for a prompt response in emergencies.」
In addition to the risk management system and specialized committees centered on the president, the company specifically describes ensuring emergency contact procedures and lines of instruction and command. - FY2017First statedAnnual report
「To prevent or reduce losses arising from the various risks associated with our business activities, and to ensure early recovery and minimize losses when risks materialize, we have established a risk management system centered on the president and are taking steps, including establishing specialized committees as necessary, to address these risks, including from a compliance perspective.」
The company has established a management system centered on the president and specialized committees to prevent and reduce risks and respond after they occur. The reference to “various risks” is not based on a description of the officer structure and is therefore not treated as a substantive quantitative target for has_metric.