Basic Views on Risk Management
As a Company that handles medical devices, we have a responsibility to ensure a stable supply of medical devices to patients and medical professionals. In order to reliably fulfill these responsibilities and to achieve sustainable enhancement of corporate value, we are promoting the development of a risk management system so that appropriate measures can be taken against risks that may have a significant impact on business activities.
Risk Management System
Based on the Risk Management Regulations, the Board of Directors has appointed a Chief Risk Management Officer (CRO) and the Risk Management Committee, chaired by the CRO, promotes company-wide risk management. The Risk Management Committee meets semi-annually to identify and evaluate risks, determine policies for responding to risks, and confirm response status. The committee also works with related committees such as the Sustainability Committee and the Information Security Committee to ensure effective risk management. In the event that a risk that may have a significant impact on business activities arises and requires a company-wide response, a task force headed by the President and CEO as Executive Manager will be established to take appropriate action to minimize losses.
Business Continuity Initiatives
In order to fulfill our responsibility to supply medical devices, we are promoting the establishment of a business continuity system based on the basic rules for business continuity. We have formulated a business continuity plan (BCP) for early resumption from business interruption due to a large-scale natural disaster and are continuously developing it as well as conducting drills to enhance its effectiveness.
