Global risk management system
AISIN Group’s Consolidated Risk Management Committee, which includes participants who are senior management from the 14 main Group companies, identifies risks that could have a serious impact on the Group’s corporate operations. Group companies work together to strengthen the risk management system and enhance risk response capabilities. The goal is to expose and prevent risks and create a company with a strong resistance to risk under the leadership of the Chief Risk Officer (CRO).
In our global risk management system, the Consolidated Risk Management Committee convenes a meeting of members of top management of Group companies in Japan, as well as those overseeing operations in North America, China, Europe and Oceania, to share information regarding the Group’s common risks and risks specific to each country and/or region, and implement measures in an effective manner to counter these risks.
Looking ahead, we will seek to further raise the level of cooperation within the Group and enhance our risk management activities from a global perspective.
Developing human resources and a framework resilient to disasters
As part of group-wide efforts to build resilience against disasters, AISIN Group undertakes education and enlightenment activities to enable each and every employee to take appropriate action in accordance with the Risk Management Guide when risk events occur. This guide stipulates procedures to be followed in ordinary times (before a risk occurs) and during an emergency (when a risk occurs).
As a countermeasure to mitigate damage in the event of a major earthquake, we are implementing the AISIN Global Safety Standards (AGSS), together with planned disaster mitigation measures based on experiences from the Kumamoto earthquakes in 2016. Furthermore, in order to effectively communicate our realizations and lessons learned from the Kumamoto earthquakes, we also hold the AISIN Group Business Continuity Plan (BCP) Conference every year on the same date upon which the earthquake occurred, with top-level management, corporate officers and employees from relevant departments of the 14 main Group companies participating.
- Disaster mitigation measures implemented during fiscal 2018
- Secured buildings, hoists, cranes, power transformers, storage racks and large-scale equipment, etc., at factories of all Group companies.
Enhance initial response capabilities for large-scale disasters
AISIN Group is enhancing its response capabilities in preparation for responding to the occurrence of earthquakes and other large-scale disasters, with the basic policies of saving lives, ensuring safety, contributing to local communities and restoring production.
In November 2017, in addition to the response headquarters system that was already in place at each Group company, we also established a Group General Headquarters system for the purposes of centralizing information and enhancing collaborative efforts for giving and receiving aid with the aim of enhancing our practical capabilities in the event of a disaster situation, and conducted a Group General Headquarters initial response simulation training drill.
This training drill simulated the occurrence of a large-scale “megathrust” earthquake originating in the Nankai Trough, and verified operational and information gathering methods and decision-making content required in order for the response headquarters to the make an effective initial response, based on coordination between the Group General Headquarters and other Group company locations.
Individual locations also enhanced their initial response capabilities by conducting practical training drills required in order to reliably implement initial response measures (including firefighting, rescue, emergency aid, peripheral damage surveys, judgment of safety to enter buildings and daytime and nighttime evacuation drills).