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When engaging in corporate activities, there are risks of encountering natural disasters, accidents, or legal violations. Based on this awareness, the HCM Group address risk management under the lead of the Compliance and Risk Management Division. We define risks under the premise that “risks will always become actualized”, therefore we conduct risk assessments and address them through making rules that dictate how to handle them when it occurs.
Risk is defined as the possibility of incidents, accidents, or other problems that may cause loss or damage directly or indirectly to the HCM Group’s business, employees or their families or to people with any connection with the Group.
The HCM Group conducts measures against risks in accordance with the procedures established by the Compliance and Risk Management Division.
The HCM Group is promoting to enhance of the risk management system for the overall Group in order to grow as a global corporation.
The HCM Group is developing “Business Continuity Plans (BCPs)“ and strengthening its “Business Continuity Management (BCM)” to minimize the impact to business activities from risks that arise around the world from events such as natural disasters, and to attain the earliest possible recovery. We are also working to sustain maintain our supply chain.
From FY2015, in addition to preventing risks, we implemented initiatives to keep the impact from risks that occur to an absolute minimum (risk minimization). We assess the level of impact and frequency of occurrence of risks, prioritize them, and implement measures. We aim to increase risk management awareness among employees throughout the Group, and to strengthening of companywide control systems.