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Risk Management

Basic concept
Enhancing corporate value and meeting the expectations of society

So that we may maintain and strengthen our fundamentals (corporate foundation), we work to enhance a risk assessment promotion system that enables us to assess the major risks to the entire JTEKT group, evaluates these risks, and promote suitable countermeasures.

Promotion structure

In October 2017, JTEKT established a new system to strengthen its initiatives for risk prevention which involved a shift from CO (Compliance Officer) to RO (Risk Management Officer). In addition to rolling out risk management to individual departments and group companies, we aim to control risk on a global level.

Promotion structure

Clarification of risk appraisals and response

At JTEKT, we allocate risk management departments depending on the specific item of risk. Risk management departments are looking back on the annual execution plan formulated on a division level at the end of the fiscal year and reflecting it in the next year's plan.

Enforcement of immediate reporting

From FY2015, we broadened the scope of our immediate reporting system which requires prompt reporting after appraisal of a compliance issue and are enforcing a rule to ensure the initial report after a risk is appraised is made swiftly.

Enforcement of immediate reporting

Promotion of each division's risk activities

For autonomously to handle risks, each division are promoting prevention of risk manifestation and remedial measures based on the annual execution plan.

Information Security

We recognize the threat of cyber attacks and virus infections rapidly increasing in the world as a major risk as our corporate activity. It is indispensable to strengthen information security countermeasures in order to supply safe products also in each process such as development, production, shipment and so on.
Under these circumstances, we established "JTEKT Group Policy of Information Security" in March 2019 and are working to strengthen it.

Countermeasures for a Large-scale Disaster

Amongst the various risk responses JTEKT promotes, in regards to large-scale disasters with particularly heavy impact on continuity of business activities. In accordance with the Basic Policy for JTEKT Group BCP * formulated JTEKT is promoting countermeasures for both tangible and intangible aspects, such as confirming safety of employees, emergency training, measures to mitigate disaster-related damage in households assuming various regional disaster risks and preparation for the early restoration of product supply.

* BCP BCP is an abbreviation of Business Continuity Plan