Steady Promotion of Risk Management
Risk Management Initiatives
Group-wide risks are identified, analyzed, and assessed by the division responsible for the relevant risk. This process helps pinpoint the location, characteristics, and magnitude of risks along with areas where significant risks reside and it is necessary to develop a structure.
The identified risks are managed by the responsible division, which develops specific control measures to avoid, transfer, mitigate, or control the risks. The division also continuously monitors the appropriateness and effectiveness of the measures. The results of monitoring and any newly emerging risks are assessed by the responsible division and incorporated into the periodic review of risk management measures (conducted once a year in principle).
We have also established the OKI Group Critical Incidents Reporting System for reporting
to the Risk Management Committee when risks emerge or when there is concern that they may arise. This system enables early identification of potential issues and ensures quick risk mitigation and resolution.
Major Risks That Could Have a Significant Impact on the OKI Group’s Business or Finances
| ① Risks related to global political and economic trends | ⑧ Risks related to major IP-related contracts and technological support contracts |
| ② Risks related to country risk | ⑨ Risks related to quality |
| ③ Risks related to exchange rates | ⑩ Risks related to mergers and acquisitions (M&As) and alliances |
| ④ Risks related to fluctuations in financial markets and interest rates | ⑪ Risks related to environmental protection |
| ⑤ Risks related to laws and regulations | ⑫ Risks related to information security |
| ⑥ Risks related to market trends, products, and services | ⑬ Risks related to human resources |
| ⑦ Risks related to procurement | ⑭ Risks related to human rights |
Related Information
Emergency and Disaster Response
The OKI Group has established Safety Countermeasure Committees at its sites and subsidiaries in order to "protect people's lives," "prevent secondary accidents," "contribute to local communities and foster good relationships with them," and to ensure the "continuity of business operations" in the event of disasters. Among them, OKI established and conducts regular reviews of the Business Continuity Management (BCM) / Business Continuity Plan (BCP) based on the BCM Development Guidelines in each division to ensure the "continuity of business operations" in the case of not only disasters but other situations as well. In addition, we are supporting independent social contribution activities by employees, including the development of a paid leave system that can be applied to participation in volunteer activities, such as disaster recovery support.
In March of 2023, OKI obtained "Resilience Certification for contribution to national resilience" certification as a company that complies with the requirements of certification for organizations that contribute to national resilience.
