Governance

Risk Management

Our Approach to Risk Management
Risk Management System
Risk Management and Assessment Process
Information Security System
Crisis Management System

Our Approach to Risk Management

Ryohin Keikaku assesses and identifies potential material risks and, based on their significance and likelihood, implements measures to minimize their occurrence and mitigate their impact. In this way, we work to reduce the potential impact of risks.

Risk Management System

Risk management is overseen by the Compliance and Risk Management Committee under the supervision of the Board of Directors.
The committee, which is chaired by the director in charge of the Risk Management Division, meets regularly to gather information on compliance and risks, and to further discuss and check the progress of important issues.
Matters discussed by the Compliance and Risk Management Committee are regularly reported to and reviewed and approved by the Board of Directors. They are also shared with directors and corporate auditors and utilized in business strategies and management policies.
We have established the Risk Management Division as a specialized organization for responding to risks. We have also appointed dedicated personnel to identify and manage both potential and emerging risks as a measure to strengthen our risk management structure.

Risk Management and Assessment Process

The Compliance and Risk Management Committee has divided material risks into three categories: compliance risks related to legal violations in Japan and overseas and occupational health and safety risks; operational risks associated with information leaks and fraud; and financial and disclosure risks related to taxation and accounting. Ryohin Keikaku assesses potential material risks according to their significance and likelihood of manifestation. To help each division recognize potential material risks and come up with ways to respond to them, the committee has prepared a risk management list that incorporates regular reports from each division. The list is updated and reflected in Ryohin Keikaku’s operations manual, ensuring that information on specific responses and measures is easily accessible.

Information Security System

Ryohin Keikaku has established a Global Information Security Policy. We work to ensure the security of information assets held by the Company.

Information security and protection of personal information

Crisis Management System

Ryohin Keikaku has established guidelines for emergencies such as personal injury, theft, fire and earthquakes.
In order to ensure an effective response, the guidelines for emergencies are communicated to employees, and we maintain a constant state of preparedness.