As risks surrounding businesses grow increasingly complex and diverse, the Company conducts a risk assessment to strengthen its overall risk awareness and management framework.
Through this initiative, the Company identifies business risks in view of the rapidly changing social environment and heightened uncertainty, thereby striving to enhance accountability to stakeholders with regard to the risks it faces. Furthermore, a key objective in assessment efforts is to enhance risk management literacy and risk sensitivity among all officers and employees through the processes of risk visualization and evaluation.
Corporate activities necessarily involve improving corporate value through appropriate risk-taking. The Company deems risk assessment a crucial means to ensure the effective and appropriate allocation of management resources and will persistently advance this initiative going forward.
Sustainability
Governance
Risk Management
Basic Stance on Risk
The Company strives for the stable continuity of its business and further growth by implementing risk management practices to address various risks surrounding its businesses.
Furthermore, the Company prioritizes ensuring the quality and safety of its products and services, striving to eliminate or mitigate factors that could harm the interests of its stakeholders, including customers, shareholders, and business partners, as well as all officers and employees.
Furthermore, in the event of a major crisis, the Company recognizes its social responsibility and prioritizes ensuring human safety above all else. All officers and employees come together to respond accordingly, making every effort to minimize losses, restore damage, and prevent recurrence.
Risk Management Promotion Framework
At the Company, risk management is overseen by the Compliance Committee based on the Basic Regulations on Risk Management and Basic Regulations on Crisis Management. The Compliance Committee Secretariat is under the jurisdiction of the Risk Management Department, and oversees risk management.
In day-to-day operations, the Compliance Committee implements a PDCA cycle for risk management-related matters on a quarterly basis, and works to identify, evaluate, and mitigate risks across the entire company through an annual risk assessment. Furthermore, in the event of a major crisis, an Emergency Response Headquarters led by the President is promptly established to respond to the situation appropriately and in good faith while collaborating with the local community, with human safety as the top priority. At the same time, the Company maintains a setup that allows it to continue providing services to customers to the greatest extent possible.
Through this risk management promotion framework, the Company endeavors to achieve sustainable growth and increase corporate value.
Risk Assessment and Risk Map
Condensed Risk Map
