CSR Initiatives

Defensive CSR activities - Our responsibilities as a corporation -

Initiatives for risk management

Initiatives for human rights Initiatives for occupational safety and health Initiatives for environmental preservation Initiatives for quality & safety (chemical substances management) Initiatives for compliance Initiatives for risk management Initiatives for information security
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We face risks that impact our management during our business activities. It is too late to take measures after such risks become apparent. We must identify possible risks and pre-define countermeasures.
Our group manages risks to minimize the impact on management should risks arise.

Our goals for "risk management"

①Extract management risks in accordance with changes over time and establish an organization to execute pre-defined measures ②Strengthen the corporate disaster prevention organization

Initiatives for risk management

Identifying management risks and executing pre-defined countermeasures

Our group has two types of risk management. One manages management risks and is led by the executive team. The other manages general social risks and is led by individual departments.

Management risks include financial risks, internal control risks, and governance risks of group companies under the control of the holdings’ business administration division. Supply chain risks will be included in the future as management risks.

Social risks include quality risks at each site, environmental risks, occupational safety and health risks, chemical substances risks, and information leakage risks. Designated departments at each site are in charge of initiatives for these risks.

Risks identified through the abovementioned initiatives are assessed and have one of these pre-defined countermeasures: (1) risk aversion, (2) risk reduction, (3) risk transference, or (4) risk acceptance.

At a disaster prevention drill

Corporate disaster prevention

For corporate disaster prevention, we have a “Disaster prevention plan” that indicates policies to keep damage to employees and facilities to a minimum in an event of a disaster. We also have a “Business continuity plan (BCP)” that indicates policies for the continuance of business and early-stage recovery in an event of a disaster.

Every year, our group performs and reviews disaster prevention drills and fire drills in accordance with the “Disaster prevention plan.”

In 2023, we wrote a BCP manual for earthquakes, fires, and pandemics in Japan. In the near future, we plan to conduct drills, review the results of those drills, and refine the manual and guidelines.

Current challenges and responses regarding risk management

Management risks are changing and increasing with time. Overseas risks are expanding. If a global company such as ours makes a wrong judgement, it could greatly jeopardize the continuance of our business.

We are committed to strengthening collaboration among our group companies and implementing risk management initiatives.

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