Risk Management System
- The Board of Directors has the responsibility and authority to establish risk management systems, and in accordance with this, formulates and implements crisis management regulations related to risk management, and establishes risk management systems.
- The General Affairs Department, as the risk management department, supervises risk management activities, and develops, verifies, and revises regulations.
- The CSR Department, which is in charge of internal audits, periodically reviews the items and methods of operational audits, confirms whether or not the items to be audited are appropriate, and revises the audit methods as necessary.
- In the event that an act of business execution that poses a risk of loss is discovered due to a violation of laws and regulations, the Articles of Incorporation, or other reasons, the risk is immediately notified to the Board of Directors and the department in charge thereof, and the department in charge endeavors to understand the nature of the risk detected and the degree of loss that may result from it, and will take action and make improvements.
- In preparation for the occurrence of a large-scale disaster, etc., the Company has established various systems for emergencies. This includes the formulation a business continuity plan (BCP) and the incorporating of the company-wide BCP into measures for each department, as well as the establishment of an emergency contact system.
Major Risks and Countermeasures
| Major Risks |
Countermeasures |
| Impact of revisions in disclosure-related laws and regulations and changes in accounting standards |
- Response to the digitalization of the general meeting of shareholders process
- Response to colored and large-sized convocation notices and changes in the Imperial era name
- Sophistication of disclosure document preparation support tools, and expansion of their market share
- Expansion of IFRS consulting services
- Response to integrated disclosure
|
| Impact from the stock market |
- Expansion of sales for continuous disclosure documents
- Strengthening of orders for IPOs
|
| Impact on interpreting and translation-related business |
- Development of high-quality translation support tools
- Expansion of operation of systems that enable remote interpretation, etc.
|
| Response to environmental issues |
- Proposals to customers for the use of FSC-certified paper and waterless printing
|
For business and other risks, please refer to the "Securities Report" posted on the Company's website (Japanese only).
https://www.takara-company.co.jp/ir/reference/
Response to COVID-19
| Infection control as a company |
- [Work-related] Staggered working hours, active promotion of telework
- [Business-related] Promotion of internal and external web-based conferences, voluntary restraint on business trips and meetings with many people
- [Work environment-related] Thorough enforcement of social distancing through decentralization of worksites and droplet infection prevention panels; thorough implementation of hand washing, gargling, wearing of masks, and alcohol disinfection, etc.; requiring employees to notify the company of their conditions if they have a fever, etc.; and enforcing the same measures for family members who live with the employees, etc.
|
| Customers/Society |
- Maintaining the service system by requesting related business partners to wear masks, etc.
- Video distribution of financial results briefings, business reports of the general meeting shareholders, etc. on the website
- Online implementation of job fairs and recruitment interviews
- Thorough implementation of web-based seminars for customers
|