Risk Management

To guide our work on managing risks, we have developed the Risk Management Policy that outlines our basic approach to risk prevention and handling, and the Risk Management Regulations that set forth areas such as risk management organizations and roles.
We convene the Risk Management Committee twice a year to discuss issues such as groupwide risk management policy proposals and measures.
We also work on improving response to risk events by implementing BCP(Business Continuity Planning) and BCM (Business Continuity Management).

Risk Management Structure

Global Risk selection

We selected nine risks for Global Risks that are common to both domestic and overseas subsidiaries and expected to cause major impacts on management if they occurr. To enable comprehensive world wide risk management for the whole NTN Group, we monitor the management of Global Risks in our domestic and overseas subsidiaries. The Risk Management Committee makes periodic revisions in response to changes in the external environment.

Information security measures

In response to the rise of cyberattacks targeting corporations, the nine Global Risks we have selected include "Leakage of confidential information", "Computer virus/cyberterrorism."
To teach and enforce appropriate information management methods, we have created an Information Security Policy and in-house information security rules, and we provide all our employees with information on our website and e-learning-based educational programs.
We have created systems for protecting all business activity-related information from threats such as theft, falsification, destruction, usage interference and leakage.
Our worldwide subsidiaries periodically report on operation conditions related to information security management, letting us stay up-to-date on current conditions throughout the NTN Group and respond as needed.

Ongoing implementation of BCP/BCM systems

We continually implement BCP(Business Continuity Planning) and BCM (Business Continuity Management) designed to handle a major earthquake in Japan.
In the fiscal year ended March 31, 2018, we worked on identifying impeding factors and responding to issues for domestic subsidiaries and other business units. A system of organizations for rapid business recovery was created along with specific action plans. We have progressively earthquake-proofed our production equipment to minimize damage (such as by adding protections against toppling/falling). Our BCP/BCM Subcommittee (staffed by members of promoting divisions at headquarters) has checked the progress and done follow-up work.
We plan to provide training on assessing the effectiveness of established action plans in each subsidiary in the fiscal year ending March 31, 2019.