Risk Management
Risk management for forecasting and assessing risks from changing business conditions, for preventing risks to the Group as a whole and for taking proper steps to alleviate losses is essential for ensuring the consistent and stable growth of the Group. We are extending our network of risk control and increasing stability in business management.
Groupwide Total Risk Management
Until the present, we have kept priority response measures in place for each Group company to deal with the most serious risks that Yamatake must be able to respond to. Going forward, we will additionally investigate and evaluate alterations to our management environment so that we may fully grasp any changes to present risks or the appearance of new risks. Going forward, we will conduct regular and thorough analysis and evaluation of changes in our management environment to ensure all potential risks are discovered. Then, after management-level decisions to identify and prioritize the risks that must be addressed, we will decisively implement measures most appropriate to each risk. In this way, we will strive as a Group to construct an infallible risk management system.
Earthquake-Risk Prevention
Earthquake disaster drills
(Isehara factory)
In 2003, the Group’s Emergency Response Manual was compiled to ensure rapid response to emergencies and other disasters by clarifying command hierarchies and organizing response teams. In 2004, the Earthquake Emergency Procedure Manual, originally compiled in 1996 following a major earthquake in Kobe, was revised and improved. In 2005, our system for confirming the safety of employees and their family members was expanded to include e-mail in addition to voice-response to ensure quicker and more extensive communication between parties. In 2006, recognizing that major earthquakes can also occur in regions not normally prone to seismic activity, the Group decided to extend its measures for earthquake responsiveness to all offices and factories in Japan. We have drawn detailed maps pinpointing equipment that may potentially fall and areas at risk of falling objects in our offices and started enacting measures to reduce on-site hazards. In addition, we have identified and provided emergency provisions for employees who may have difficulty returning home and clarified safe routes for them to return to the Company in the event of a major earthquake or other disaster.
The Shonan and Isehara factories are equipped with the Emergency Earthquake Information System that we developed in-house, which uses using real-time seismic bulletins to issue warnings prior to the arrival of seismic waves at offices and factories. The aim is to enable workers to reach safe locations 20–30 seconds before seismic activity begins. In 2007, disaster drills using the system were conducted when the Fujisawa Technology Center began operations.
Business Continuity Plans
Verification of business continuity plans
(Headquarters)
Based on earthquake prediction data, in 2005 Yamatake started enacting plans to ensure ongoing business operations in the event of major earthquakes in the Tokai or Kanto areas. In 2006, we analyzed the potential impact from disasters on key businesses, data communication systems and factory infrastructure and formulated precautionary measures and policies for restoring operations immediately after problems occur. In 2007, comprehensive earthquake disaster drills were conducted at two factories to confirm the efficiency of our planning and preparedness for a disaster scenario.
Information Security Management
In 2006, we introduced access control systems using integrated circuit IC cards at our main workplaces. In 2007, the Group’s Information Security Regulations were devised, and the Information Security Subcommittee for the overall Group was inaugurated to promote data management for the Group as a whole.
