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Risk Management System

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

We are committed to managing various internal and external risks related to our business operations properly in accordance with our Risk Management Regulations, thereby maintaining and improving our group corporate value.

Risk management processes

Overall risk evaluations (Impact × Frequency / Probability)

To effectively devise and implement countermeasures for the risks that threaten our Group, we give risks overall risk evaluations on three levels (high, medium or low) based on the impact if the risk occurs and the frequency/probability of occurrence. Among these risks, we prioritize those that are ranked high or medium and introduce risk controls for each. To evaluate the impact if a risk occurs at our company and the frequency/probability of occurrence, we have established multiphase evaluation criteria to ensure the objectivity and adequacy of the risk evaluation. Our Group companies also conduct risk evaluations based on the evaluation criteria established according to the scale and type of business of each company, in reference to our evaluation criteria.

Risk managment based on the PDCA cycle

To accurately determine which risks require responses, every year we distribute risk tables and risk questionnaires not only to every division in our company but also to our Group companies. We use these to identify risks, conduct overall evaluations, and check the status of risk control and implementation, for example. We are working to reduce risks by feeding back the results using a PDCA cycle.

Outline of risk management processes

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.

Earthquake response training