Specific Activities of the Comprehensive Risk Management Committee

As well as managing risks in an integrated manner, the Comprehensive Risk Management Committee works to identify risks for each responsible department from a Group standpoint and issues instructions for establishing mechanisms to prevent incidents that present a risk. If an event occurs and has a severe impact on the Group, a Group serious incident taskforce is set up to quickly address the incident and put forward measures to prevent a recurrence.
The committee also annually creates a risk map based on risk assessment reports from presidents and chief officers of the Group’s business corporations. Risk maps are configured on two axes—likelihood and impact—and each risk is assessed and classified into one of four stages. The committee then prescribes an action policy based on the results and reports the management status for risks to the Board of Directors. In fiscal 2023, natural disasters and accidents, information security, and human resources were positioned in the risk stage with the highest likelihood of occurrence and the biggest impact.