Risk Management

The ULVAC Group considers that responding to increasingly complex and diverse risk factors leads to the creation of governance structures that contribute to the fulfillment of legal requirements and the creation of internal control structures, and by extension, the medium- to long-term improvement of corporate value. We are expanding systems that can respond appropriately to risk factors through identification, classification, analysis, and evaluation, and we are working to increase corporate value by reflecting them in our management strategy.

Risk Management System

ULVAC has established rules related to our risk management system as a risk management initiative. We classify a broad range of risks from a number of different perspectives, and establish risk control offices for each risk classification. Furthermore, the risk control offices identify more specific risks and respond to them. We work to ensure that especially important information for the operation of the risk management system is gathered efficiently in these risk control offices. In addition, in order to share and evaluate information concerning the operation of the risk management system on a company-wide basis, we have a Risk Management Committee, which is chaired by the President, and mainly comprises the various risk control offices. The Risk Management Committee holds regular twice-yearly meetings as an umbrella organization for risk management, and it determines company-wide basic policy, monitors the state of management and administration, and considers any improvements that can be made, etc. Furthermore, initiatives at ULVAC are implemented at ULVAC Group companies as appropriate for the scale and business type of the company in question.

risk management system