Sustainability | GovernanceRisk Management
In aiming for sustainable growth, TDK promotes company-wide
measures against factors (risks) that hinder the achievement of
organizational goals and has established the ERM Committee to
properly manage these factors. Similarly, the Crisis Management
Committee, Information Security Committee, and Information
Disclosure Committee that report directly to the Management
Council have been established to respond to and take measures
against each issue. The Corporate Officers appointed by the
President serve as the chairpersons for each committee.
Regarding the activity status of each committee, in addition to securing a system for receiving advice to effectively operate the execution of duties by having regular confirmations by the Audit & Supervisory Board Members and Corporate Internal Audit Department, we regularly receive advice from experts such as legal advisors about new obstacles the Group faces.
ERM (Enterprise Risk Management) Committee
We promote company-wide risk management by conducting risk analysis evaluation, identifying risks that need to be addressed across departments, and introducing measures taken in close liaison with related departments. We discuss the risk analysis evaluations and countermeasure situations at the management meetings and report them to the Board of Directors.
Crisis Management Committee
The Crisis Management has been established and operates with the aim of implementing preventive measures for serious accidents, incidents, disasters, etc. that may impede the survival or development of the Company as well as reducing subsequent damage and preventing the expansion of damage. In the event of an emergency, the Company will quickly set up a Crisis Management Headquarters and, while giving first priority to ensuring the safety of its employees, it will resume business as soon as possible and fulfill its responsibility to supply its customers, in accordance with the Business Continuity Plan (BCP).
Information Security Committee
To prepare for the risks of cyberattacks, we continuously verify and take measures against information security risks by implementing information security education for employees and taking measures such as defense, detection, and restoration.
Information Disclosure Committee
In order for appropriate information to be disclosed, we discuss and carefully examine important disclosure documents regarding investment decisions of shareholders and investors, such as notes on financial statements.
Please see here for the contents.
Business Continuity Plan (BCP)
TDK has established a crisis management system to prevent
secondary disasters and to ensure the safety of employees in the
event of a crisis for the purpose of business continuity.
We have established a BCP that does not depend on the type of disaster or the cause event. We will conduct regular training so that prioritized works are not interrupted in an emergency, or if they are, they can be restarted as quickly as possible. In addition, we will promote activities that will increase effectiveness in case of emergency.
In addition to preventing COVID-19 infections, since last year, by taking appropriate and continuous measures, such as working from home and avoiding closed spaces, crowded places, and close-contact settings (Three Cs), we recognize that responding to cases of infections or suspected infections is a priority issue that should be strengthened, and we will work on that regard promptly.
Risk Management Education
We have implemented individualized education on topics, such as
corporate ethics, information security, import and export control,
and compliance, to improve an understanding of risk management.
In FY2020, we implemented education on corporate ethics for directors and employees of the TDK Group in Japan and overseas and achieved a 89% participation rate.