CSR in the OKI Group Full Compliance with Laws and Regulations
Steady Promotion of Risk Management
Enhancement of Risk Management Based on Risk Management Regulations
OKI established "Risk Management Regulations" in 2004 in order to prevent risks arising from its corporate activities and ensure that they are handled properly if any. We are currently enhancing our risk management activities on the basis of these regulations. The regulations identify potential risks and set basic rules concerning divisional responsibilities and countermeasures. They also stipulate detailed rules concerning the establishment of emergency communication systems and an emergency response headquarters in the event of a major risk.
System for Promoting Risk Management
Improvement of Measures to Deal with Compliance Risk
OKI has steadily promoted risk management based on its Risk Management Regulations and established a system to deal with any risk. As OKI regards compliance risks(*1) as the most important category thereof, each business unit of the company needs to register potential risks related to its operations with the Risk Management Promotion Office, which monitors twice a year the implementation of preventive measures, whether any risks have materialized, and takes corrective measures if necessary.
In fiscal 2010, the company improved the measures for risks about product safety, from among all registered risks, gave a group training program about them, facilitated the sharing of information on related cases, and enhanced monitoring. We also gave a training course on competition laws in different countries and regions as part of our measure for enhancing risk management at overseas group companies. People working at the sales departments of those companies had to take the course.
- *1:A compliance risk
A risk associated with violation of laws, regulations and in-house rules
Emergency / Disaster Response
The OKI Group has established "Safety Countermeasures Committees" and emergency communication networks at its domestic and overseas sites as well as its group companies. In the event of a disaster, appropriate countermeasures are enacted to protect people's lives, prevent secondary accidents, contribute to local communities and foster good relationships with them, and ensure the continuity of business operations. As for the continuity of business operations, we set guidelines for formulating a BCP (Business Continuity Plan) in fiscal 2008.
In accordance with these systems and guidelines, we set up an emergency headquarters on March 11, 2011, the day when the Great East Japan Earthquake hit Japan, in order to take various measures for recovery. Since there were some unanticipated circumstances, such as severe damages on our suppliers and a serious electricity shortage, we are currently reviewing the BCP. We will continue to make our utmost efforts to appropriately deal with any disasters such as an earthquake.
