Risk Management
We promote risk management, based on the belief that it is important not only to respond to emergencies that have a significant impact on corporate activities, but also to prevent various business risks and take measures to reduce or avoid them.
Our Basic Approach
In our Risk Management Basic Rules, "risks" are defined as "all factors that may hinder the achievement of the business objectives of our group." Further, "risk management" is defined as a series of measures aimed at continuing improvement by identifying and assessing risks and engaging in activities to mitigate risks (risk management during normal times), and prompt response to emergencies such as material problems and/or incidents in relation to management (risk management in emergency). In accordance with the Rules, we recognize risks, assess the likelihood of their occurrence and degree of potential impact, set priorities and decide on how to address them, to engage in activities to mitigate the possibilities of such risks' materializing to the extent possible. In addition, we take risk management measures that are designed to minimize the impact of such risks on stakeholders including communities and society by responding promptly to any problems and/or incidents that may occur if such risks materialize.
Fair Trade and Competition
We shall respect international standards of conduct and adhere to laws and regulations and sound corporate ethics to ensure that it engages in fair business transactions and conducts business in a fair and open manner.
CSR procurement
We will continue proactive efforts, while believing that we will be able to maximize the common interests of manufacturing outsourcees and our company and contribute to the sustainable growth of both parties, by living up to social expectations, and promoting the CSR procurement together with manufacturing outsourcees based on the policies of mutual trust and cooperation.
Intellectual Property
With intellectual property and intangible assets becoming increasingly important in business, we are also promoting efforts toward respecting intellectual property.
Protect Personal Information
Business Continuity Plan
We have established a basic policy on BCP and are working to restore our business as soon as possible
Cybersecurity System
Within our Group, the Corporate Ethics and Risk Management Committee, with the approval of the Board of Directors, has established "Basic Regulations for Risk Management." Based on these regulations, we have built a risk management system that clarifies the responsibility structure for each risk category and comprehensively manages the risks of the entire Group. Additionally, in recognition of the increasing diversification of risks related to information security and their growing impact on business operations, we have newly established the "Subcommittee for Information Security."
To promote the reduction of information security risks across all the Group's business activities, the Subcommittee for Information Security collects, examines, and analyzes information security as a whole, including information related to cyberattacks targeting personal customer information and important technological information. It also formulates activity policies and specific measures for the Group, establishes and revises related regulations, deliberates strategic investment projects, and monitors progress. Details related to the policies and activities discussed by the subcommittee are regularly reported to the Board of Directors through the Corporate Ethics and Risk Management Committee.
Subcommittee for Information Security
Specific activities：
- Formulation of policies and action plans related to information security in general
- Deliberation on strategic investments related to information security
- Provision of guidance and advice to Group companies in the promotion of information security