Basic approach

AISIN strives to keep any risks that may have a serious influence on corporate management from materializing. In order to create a corporate constitution with strong resistance to risks, we consider that one of our priority management tasks is to reduce any damage to the minimum and ensure that rapid restoration is possible in the event of a risk actually occurring.

Moreover, we work to strengthen the risk management system and enhance risk responsiveness under a coordinated Group framework.

System

As part of its risk management and advancement system, Aisin Seiki has set up a Risk Management Committee chaired by the Vice President. The committee advances and strengthens risk management activities, such as monitoring of progress on measures against important companywide risks, consideration of risks that may warrant greater safeguards in the coming fiscal year, and continual follow-up on implementation status at each department in charge of risks.

In order to promote such practical activities in an efficient manner throughout the company, we have set up a Corporate Risk Management Dept. to deal exclusively with this matter, and we are striving to enhance responsiveness, whether trouble is present or absent.

Ensuring full awareness on the part of employees

AISIN has created a Risk Management Guide that expounds on the basic approach of the company, on the behavioral principles to be adopted by employees, and on how to respond in the event of an urgent situation actually arising. Efforts are made to ensure full awareness on the part of employees through annual practical activities and hierarchically differentiated training.

Business Continuity Plan (BCP)

Continuity of important business activities in emergency situations such as natural disasters and accidents is indispensable for corporate management.

AISIN considers it to be an urgent priority to put together a business continuity plan (BCP) to respond to earthquakes on a magnitude similar to that of the Tokai Earthquake. We are working on creating an action plan concerned with ensuring the safety of employees, preserving assets in the forms of buildings and equipment, and enabling a full return to production in the briefest possible period.

We are also advancing countermeasures and creating BCPs to respond to major outbreaks of new strains of influenza and other highly dangerous risks that could result in a cessation of business activity. In our efforts, we place the highest value on human life, and give full consideration to our social obligations and how such situations would affect local communities.