Risk Management

Basic Approach

KOITO enriches and reinforces general risk management to properly identify diversifying and complex risks, prevent risks from becoming materialized, and minimize damage in case problem occurs.

Risk Management Structure

Departments are assigned to risk management, including the implementation of measures to reduce and avoid risks and daily management. The Quality Assurance Department is assigned risks associated with the safety of products, the Procurement Department handles risks in the supply chain, and the Safety Environment Department handles risks of natural disasters. As such, each department assess relevant risks and implement preventive measures. Officers of assigned responsible departments act as the general managers. In addition, training on individual risks is provided to employees.
 If risks become actual problems, the basic protocol is to report the incidents to the Board of Directors, the highest decision-making entity of the business administration, and such problems are swiftly and properly handled under the direction of the top administrators.

Responses to Disaster Risks

The basic policy to respond to risks caused by natural disasters and fire is to prioritize the saving of human lives and maintain business continuity. KOITO examines disaster control, initial response, and restoration work to find problems and re-evaluate and reinforce response measures based on lessons learned through the Great East Japan Earthquake, Kumamoto Earthquake, heavy rain that hit Western Japan, typhoon, and expected damage caused by the Nankai Trough Earthquake.

Disaster Control and Initial Response
Measures to control damage from natural disasters, such as earthquakes, include the aseismic reinforcement of production site buildings, anti-fall measures for facilities and equipment, and installation of emergency earthquake notification systems, as well as regular disaster drills, including evacuation and firefighting, all-employee safety confirmation drills, and general inspections of the maintenance and management of evacuation routes. KOITO also tries to minimize the damage caused by disasters by hosting lectures on how to check hazard maps and evacuation.

To prevent fire, KOITO makes efforts to reinforce the system to ensure quick extinguishing through thorough management of hazardous materials and combustibles, such as organic solvents, increased installation and rearrangement of fire extinguishing equipment to prepare for fire, and implementation of initial firefighting training.
 
In addition, on-site safety, fire, and disaster prevention inspections are being conducted at subsidiaries and suppliers. Subsidiaries in Japan are also mutually inspecting and improving each other’s production sites in Subsidiaries Mutual Safety Inspections to improve the safety, fire, and disaster prevention level in the entire group and the supply chain.

Fire fighting training using fire hydrant

Evacuation drill to escape from thick smoke in building

Evacuation drill

Disaster control seminar