Sustainability
Strengthen Risk Management
The RIKEN TECHNOS GROUP sees factors that affect the achievement of corporate goals as risks, and undertakes thorough risk management. Based on the RIKEN TECHNOS GROUP Basic Policy on Risk & Compliance, our basic policy for risk management and compliance is to practice the RIKEN TECHNOS WAY, comply with the Code of Conduct, ensure the soundness of management, ensure stable business continuity, prioritize human life, instill the spirit of compliance, and eliminate or mitigate factors that hinder stakeholder interests.
Riken Technos Group Basic Policy on Risk & Compliance
Table of Contents
Chapter 1 General Provision
Chapter 2 Risk Management System
Chapter 3 Risk Management Action
Indicators and Targets
| Indicators | Scope | Unit | FY2021 | FY2022 | FY2023 | Medium- to Long-term Targets | |
|---|---|---|---|---|---|---|---|
| FY2024 | FY2030 | ||||||
| Ratio of IT security lectures | non-consolidated | % | 84 | 91 | 97 | 100 | 100 |
Risk Management System
At the RIKEN TECHNOS GROUP, the Risk & Compliance Committee centrally and comprehensively manages risks faced by Group companies to enhance the effectiveness of risk management and further improve compliance. Besides listing, analyzing, and evaluating the Group’s overall risks, the committee understands critical risks, identifies risks to be handled with priority, and formulates countermeasures for those risks. In addition, we check and review the progress of these countermeasures every six months, and instructing the relevant departments to carry out improvements as necessary.
Risk Identification Process
At the start of the fiscal year, divisions and consolidated subsidiaries comprehensively derive the risk that may affect their business operations to create a list of internal control risks. These risks are then integrated and evaluated at the Risk & Compliance Committee, after which the committee identifies Groupwide risks to be handled with priority throughout the fiscal year that should involve the active participation of the management.
To enhance Group governance (internal control), we implement risk management that is consistent Groupwide by understanding risks comprehensively across the entire Group and implementing a PDCA cycle for their countermeasures.
Business Continuity Plan and Business Continuity Plan and Response to Emergency Situations
At the RIKEN TECHNOS GROUP, we formulate our business continuity plan (BCP) in preparation for emergency situations such as natural disasters, fires, and terrorism, stating matters such as priority products and the roles of each department in recovery activities. We also put in place a system for minimizing damage and losses by stating the organizational structure during emergency situations, specific procedures of each employee, and other such matters in the Emergency Response Basic Regulations and Disaster Response Procedural Manual and conducting regular training.
Information Security
To strengthen cybersecurity measures, our Group has formulated the RIKEN TECHNOS GROUP Information System Management Regulations and the RIKEN TECHNOS GROUP Information Security Regulations. We are strengthening IT security and taking measures against the risk of information leakage and other risks. We also try to minimize information security risks through access restriction, data encryption, and other methods, and have installed the latest protection system.
As an initiative to improve employees’ literacy, at the IT security lectures conducted annually for all employees, we share measures to prevent information security incidents―such as virus infection and information leakage―and the responses to take when an incident occurs. In addition, we conduct practical education through targeted email attack training.
Management of Consolidated Subsidiaries
The Corporate Planning Division ensures efficiency and soundness of Group management by providing guidance on the building of internal control systems at consolidated subsidiaries and promoting the sharing of information.
Our divisions receive the necessary reports about the situations at consolidated subsidiaries ―such as the state of management and the financial situation― based on the RIKEN TECHNOS GROUP Regulations for Management of Consolidated Subsidiaries. The Corporate Planning Division undertakes management and supervision by arranging an operational report meeting attended by the president and relevant executive officers, at least twice a year for domestic consolidated subsidiaries and at least once a year for overseas consolidated subsidiaries. The aforementioned regulations also state the report recipients and reporting method in the event of a risk occurring at a consolidated subsidiary to put in place a system for fast and appropriate response.