SustainabilityRisk Management

Risk Management

Basic Philosophy

We established the Risk Management Committee in August 2024 as an advisory body under the direct supervision of the President, CEO & Representative Director for the purpose of deliberating and formulating risk management systems and policies, and monitoring the implementation status of risk management.

Functions of the Risk Management Committee

The Risk Management Committee oversees the following matters and reports the results of deliberations to the President and full-time Audit & Supervisory Committee Members.

  1. Deliberation and formulation of the risk management system, policies, and measures of the Tayca Group
  2. Understanding the implementation status of risk management of the Tayca Group and providing necessary guidance and supervision
  3. Other matters concerning risk management
Risk Management Committee
Chairperson Director in charge of General Affairs Department
Vice Chairperson Appointed by the Chairperson from among the standing committee members
Standing
Committee
Members		 Senior Managing Executive Officer, Managing Executive Officer, Directors in charge of the Internal Auditing Department, Corporate Planning Department, General Affairs Department, Personnel Department, DX Promotion Office, and Environmental and Quality Department
Committee
Members		 General Manager of the Internal Auditing Department, General Manager of the Corporate Planning Department, General Manager of the General Affairs Department, General Manager of the Personnel Department, General Manager of the DX Promotion Office, and General Manager of the Environmental and Quality Department
Observer Audit & Supervisory Committee Member (full-time)
Secretariat General Affairs Department

* By the authority of the chairperson, directors and general managers from relevant Tayca Group companies can be added to committee members, depending on the content of the deliberations.

Action Policy

We aim to minimize losses by preventing the occurrence of risks and taking appropriate measures against the various risks surrounding the Tayca Group (any possibility of causing physical, economic, or credit-related losses or disadvantages).

[Anticipated Risks]
  • Risks related to operations
  • Risks related to changes in the market environment, such as fluctuations in demand, fluctuations in raw material prices, and changes in laws and regulations
  • Risks related to accidents and disasters, such as fires, explosions, earthquakes, and outbreaks of infectious diseases
  • Risks related to legal compliance, such as violations of laws and regulations, violations of internal regulations, and unlawful acts
  • Risks related to personnel and labor issues, such as various forms of harassment, workplace accidents, and labor disputes
  • Risks related to finance, such as procurement of capital and exchange rate fluctuations
  • Risks related to information systems, such as major system failures and unauthorized access to information
  • Other risks similar to the above items

Implementation of Risk Management

  1. Narrow down the risks that have a significant impact on our corporate management and require response
  2. Quantify risks to prioritize responses
  3. Determine the response for each risk identified, such as risk reduction, risk retention, risk avoidance, or risk transfer, and implement the response
  4. Conduct continuous operations and internal training