Sophisticated risk management
The AISIN Group apologizes for the inconvenience and concern caused by the 1997 Kariya Plant fire. Taking this opportunity, we have introduced Enterprise Risk Management (ERM) and worked on Group-wide risk management to avoid repeating the same mistake. In recent years, risks surrounding business management have become increasingly complex and diverse, such as frequently occurring natural disasters caused by climate change, parts supply issues, and geopolitical risks. Against this backdrop, we aim to “make our risk management more sophisticated, which means a state where we are ready to respond to any kind of risks.” To achieve this, we will preemptively manage risks that must be addressed as the Group by identifying signs of risks and appropriately analyzing and evaluating the significance of their impact, from the perspective of “risks to our business strategies” that may impede us from implementing these strategies and “operational risks” that may hinder smooth business operations.