Risk Management

We are implementing a variety of measures to accurately identify and respond to risks that accompany changes in the management and business environments and that could impact the long-term continuation of our Group, in accordance with our Risk Management Regulations.

Risk Management System

At the Nippon Shokubai Group, we classify various internal and external risks that threaten our Group into “serious Group-wide risks” and “department risks,” and we develop a risk management system appropriate for each risk category, thereby maintaining and improving our corporate value.
For “serious Group-wide risks,” potential serious risks underlying execution of the Group’s management strategies, sustainable improvement of corporate value, and acquisition of trust from stakeholders are subject to risk management, and we have established a system in which the Board Meeting receives advices from the Risk Management Committee, an advisory body, identifies and assesses the risks, decides whether they should be addressed, and supervises the status of risk management by the executive section.
For “department risks,” on the other hand, potential risks underlying execution of business strategies or business operations by each department or affiliated company are subject to management, and we have established a system in which each department or affiliated company is responsible for risk management, thereby promptly responding to the risks.
With these two systems, we aim to develop and enhance the Group-wide risk management system, which includes our affiliated companies.

Business Continuity Management (BCM)

We have established a Business Continuity Plan (BCP) with countermeasures for earthquakes, influenza outbreaks and other incidents. We are working to strengthen Business Continuity Management (BCM) by regularly reviewing our BCP, as well as by implementing earthquake response training and other measures.
Most recently, we revised the BCP in line with the improvement of IT tools and workplace environment. We are working to strengthen our crisis management system for large-scale earthquakes by making employees fully aware of the revised countermeasures through e-learning and conducting periodic training.