Risk Management

 Responding appropriately to the complex and diverse risks that companies face is the foundation of corporate management. Through risk management, the Company aims to prevent risks from occurring and continuously improve its ability to address risks. By establishing a risk management system, the Company will try not only to quickly restore operations in the event of a contingency, but also contribute to society.

Risk Management System

 The Company believes that dealing with risks that have a significant impact on management in an appropriate manner is essential for sustainable development, and therefore it has established a Risk Management Committee, chaired by the President and Representative Director, and consisting of the division managers and the heads of major departments. The Risk Management Committee meets quarterly and reports to the Board of Directors the results of the final decision on risk assessments and any matters that are deemed to require company-wide action as priorities.
 The Company has established specialist subcommittees under the Risk Management Committee that focus on the areas of management risks, business processes, IT, and environment and safety. These subcommittees identify risks that could have serious consequences, analyze those risks, decide on countermeasures, conduct and evaluate those countermeasures, and carry out other risk management activities, thereby implementing preventive measures during normal times.
 In the event of a serious and urgent management crisis, the Company immediately establishes a task force and puts in place a system to resolve, overcome, or avoid the crisis.

Business Continuity Management

 The Company recognizes that the greatest contribution it can make to stakeholders is to ensure that business operations are not interrupted. The Company is working to strengthen its business continuity initiatives based on its BCM Basic Policy. As part of this effort, the Company has obtained ISO 22301 certification, an international standard for business continuity management systems (BCMS).

Business Continuity Plan (BCP)

 The Company has formulated a Business Continuity Plan to mitigate the impact and quickly restore business operations in the event of a contingency, and conducts drills and training accordingly. The Company also analyzes the equipment in its workplaces during normal times and prepares backup parts and equipment according to their importance, or selects alternative equipment.

Business Continuity Management

BCM Rating

kurumin.jpg In 2011, the Development Bank of Japan Inc. (DBJ) awarded the Company high marks for its "particularly outstanding disaster prevention and business continuity initiatives" in its Disaster Prevention Ratings (now BCM Rating) in Japan. The Company has continued to receive high marks every year since then.

Information Security

 The Company recognizes information security as one of its most important management priorities and has established the Information Security Basic Policy with the aim of protecting information assets. To promote information security measures, the Company has established the IT Risk Specialist Subcommittee, which meets quarterly and is comprised of managers and personnel responsible for information system operations, system network operations and management. This subcommittee's role is to collect and analyze information on changes in threats to information assets and to consider and devise countermeasures. Furthermore, in preparation for cyberattacks, the Company has introduced a security monitoring system and endpoint defense mechanisms, resulting in a system that enables early detection of threats and rapid response.