Thorough Reinforcement of Risk Management
The Toyota Boshoku group is working to comprehensively reinforce risk management via the creation of an effective risk management system in order to respond swiftly to management risk, risk in daily operations and other risks such as disasters and accidents.
Basic risk management policy
- Endeavour to predict and prevent crises
- Give maximum priority to assuring the safety of human life should a crisis occur
- Should a crisis occur, centralise information and promptly investigate the cause, respond appropriately and minimise damage
- In case of significant social damage or impact, release information promptly in good faith
Risk management system
In the Toyota Boshoku group, respective functional divisions factor in initiatives to prevent and reduce various risks into their action plans and promote activities accordingly. Although the CSR Committee has evaluated risk management and conducted follow-up, the newly established Risk Management Function Meeting was split off and has been operating independently as of fiscal 2016 in order to further strengthen activities.
Preparing for large-scale natural disasters
In the Toyota Boshoku group, we continually make improvements to our business continuity plan (BCP) in preparation for a large-scale natural disaster.
In fiscal 2015, the Japan region set up company-wide disaster response headquarters at the Sanage, Kariya and Takaoka plants and conducted integrated disaster drills at the same time companywide by assuming an actual disaster. Some 20 sites participated in the drills, including each plant and Japan affiliates. Drills concerning initial response by the company-wide disaster response headquarters were conducted in connection with the company-wide disaster drills while other drills were conducted with the aim of ensuring swift resumption of production at plants as part of efforts to make improvements and create a more effective BCP. In regions outside Japan, we conducted focused disaster response drills at all RM&CH. In addition, we are working to increase the efficiency of information collection by employing a regionally uniform safety confirmation system in the ASEAN region in addition to Japan.