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 the 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 Department. 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 working level activities and rank-specific training.

As a means to strengthen responses to diversifying overseas risks, we strive to ensure solid and timely training curricula on risk management best practices, including annual reviews of the content of risk management training for employees dispatched overseas and local executives.

In addition, for latent risks facing employees, such as vehicle collisions, a large earthquake, or a new influenza epidemic, AISIN distributes a portable guidebook and manual to all employees and conducts training sessions to help employees take the appropriate action when danger arises.

Business Continuity Plan (BCP)

AISIN has developed countermeasures and a business continuity plan in full consideration of its societal responsibility and impact on local communities, with focus on safeguarding human life, to address the heightened risk of an interruption to business operations from a large earthquake occurring in the Tokai region or a global pandemic of a new strain of influenza.