System for promoting Risk management
To understand risks related to the overall management of our Group and establish and strengthen the risk management system, we have established a Corporate Ethics and Risk Management Committee. It is supervised by the Representative Director, President and CEO (Group CEO) and headed by the Representative Director, Vice President and Executive Officer and CFO, who is in charge of supervising the Group's management. In addition, we have established a "Subcommittee for Information Security," a "Subcommittee for BCP and Disaster Control Measures," a "Quality Assurance Council," and a "Subcommittee for Compliance."
The Corporate Ethics and Risk Management Committee conducts a scoring evaluation of potential risks related to the business environment and/or business strategies, and operational risks from the perspective of their likelihood of occurrence and impact of such risks. The risk items that are evaluated as having a significant potential impact on the management of our group are annually reviewed based on the recommendations of the Corporate Ethics and Risk Management Committee and approved as the Group's Material Risk.
Corporate Ethics and Risk Management Committee
Status : Under direct control of Representative Director, President and CEO (the president supervises the committee)
Membership : Representative Director, Vice President and Executive Officer and CFO, directors and executive officers of operating companies, etc.
Role : Strengthen and ensure the proper functioning of a system of compliance with corporate ethics, and develop and strengthen a system for evaluating and managing the whole range of risks associated with business operation(In April 2017, the Corporate Ethics Committee and Risk Management Committee were merged into the Corporate Ethics and Risk Management Committee in order to promote more effective corporate ethics and risk management).
Subcommittee for Compliance
The Committee shall discuss and decide matters regarding the compliance management sysyten and other important matters.
- Analysis of compliance risks, and reporting of the results to the Corporate Ethics and Risk Management Committee
- Perioducal review of compliance-related manuals and regulations, and determination of employee education policies
(Secretariat: Legal and Compliance Dept. and Corporate Planning Dept.)
Quality Assurance Council
The Council shall promote quality assurance activities in accordance with Quality Assurance Regulations.
- Activities to promote a quality philosophy and to achieve targets
- Promotion and coordination of quality assurance activities in each division
- Guidance and other activities to ensure compliance with product-related laws
(Secretariat: Quality Assurance Dept.)
Subcommittee for BCP and Disaster Control Measures
The Committee shall works to prevent and respond to emergencies such as accidents and disasters.
- Requests regarding emergencies such as accidentes and disasters, and preparatory measures for responding to emergencies.
- Information collection, response activities, provision of quidance and support during an emergency
- Response to crimes, scandals, etc.
(Secretariat: General Affairs Divion)
Subcommittee for Information Security
Promotion of information security risk reduction, such as information leakage
- 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
(Secretariat: Corporate Planning Dept. and Legal & Compliance Department)