Risk Management

Risk Management Initiatives

Basic Stance on Risk Management

CTC conducts centralized risk management of common group-wide risks* using unified group-wide risk management mechanisms (including the discovery and identification, analysis and evaluation of risks and the formulation of risk countermeasures). In addition to this, we also conduct damage limitation and recovery activities-and preemptive initiatives envisaging possible damage-for major incidents that could dramatically lower our corporate value, in the form of crisis management activities. We evaluate the effectiveness of these risk management mechanisms and the efficiency of our risk management activities on a timely basis, and take appropriate steps to rectify them as and when necessary.
By ascertaining risks from an integrated, group-wide, management-oriented perspective, managing them by rational and appropriate methods, and seeking to minimize losses and maximize revenues, we aim to improve our corporate value.

* Common group-wide risks: major risks at the level that corporate management should become involved. The major group-wide risks are as follows:
Changes in Business Environment, Information Security, Compliance Acquisition and Development of Talent, Project Management, System Failures, Investments, Foreign Exchange Fluctuations, Large-Scale Disasters, Procurement and Supply of Goods and Services.

Risk Management Structure and Risk Management Activities

CTC has established the Risk Management Committee under the supervision of the director in charge of risk management for promoting risk management Group-wide and sharing information. The Risk Management Committee is developing policies and plans for Group-wide risk management, studying preventive and corrective actions and monitoring the progress of such activities. The Risk Management Committee is also building systems for analyzing and evaluating various risks and receiving reports on them, in addition to establishing divisions in charge of risk, setting regulations and guidelines, and undertaking risk management activities in a bid to deal with individual risks.

BCM (Business Continuity Management) Initiatives

We currently have Business Continuity Plans (BCPs) in place to address the risks of 'Large-Scale Natural Disasters,' 'Infectious Diseases,' and 'Major System Failures.' These plans are continuously monitored to track the trends of these risks. We regularly review and update our BCPs to enhance their effectiveness and feasibility. Additionally, we conduct ongoing assessments to identify and evaluate new risks. By closely monitoring these risk dynamics and maintaining proactive risk management measures, we aim to ensure the resilience and sustainability of our operations.

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