Approach to risk management
Our purpose is to deliver “health” to people around the world through our products and services. Value creation requires a safe and stable supply of products and services as our business activities. At the same time, social demands on companies in relation to consideration for the environment and sustainability are increasing. By managing risks and conducting appropriate risk control, we aim to maintain sound management, ensure stable profitability and growth, protect the safety, health and profits of our stakeholders, and fulfill our social responsibilities as a corporation.
Risk Management System
Risk management is based on the principle that each section takes appropriate preventive measures in anticipation of risks that may occur in the course of or in connection to the execution of operations, and that if a risk should occur, the risk is handled appropriately with the support of the related sections. We have established a Crisis Management Committee to deal with unforeseen circumstances, and have put in place a system to promptly deal with dangers and prevent losses or escalation while listening to the opinions of legal counsel and other outside advisors. With regard to preventive measures against the manifestation of potential risks, the Compliance Committee, an advisory committee to the Board of Directors, oversees the formulation and promotion of company-wide plans for compliance risks, including risks relating to ethics and legal compliance.
Business Risks
Information Security
In 2015, we established the Information Security Management Committee to protect the personal information of our customers, shareholders, and employees, and we have managed confidential information of our business and business partners as well as internal information assets. Management regulations are reviewed on a regular basis and revised to reflect more actual conditions.
We regularly conduct e-learning-based training every year for all employees in an effort to raise their awareness of information-security.