Risk Management

Risk Management System

At Shimadzu, we are united as a Shimadzu Group in striving to build public trust by establishing a risk management system that encompasses corporate ethics and compliance, by fostering a corporate culture that respects corporate ethics and compliance, and by undertaking activities for the proper management of business risks.
The president is the chief officer responsible for risk management. Below the president, a Risk Management and Corporate Ethics Board meets twice a year as a deliberative body to confirm and decide on policies for risks that are considered company-wide issues that require prioritized measures (priority risks) and compliance risks. These activities are coordinated by the director in charge of risk management and primarily carried out by the departments responsible for the respective risks, deployed in a top-down manner to other departments and group companies accordingly. In the workplace, where business processes are performed, we also engage in bottom-up "control self-assessment" (CSA) measures as we go through the PDCA cycle for risk management activities in respective departments and Group companies.

Business Continuity Plan Assuming a Massive Earthquake

Since 2011, we have been continuously engaged in measures to ensure the continuity of business operations in the event of a major earthquake, which has been identified as a priority risk. As part of such measures, we established a business continuity plan (BCP) in 2012 aimed at ensuring our operations continue without interruption and we fulfill our responsibilities for supplying products to customers. The plan specifies that if a disruptive earthquake occurs, the president shall coordinate a head office task force and the respective division general managers shall coordinate division task forces that lead business continuity and recovery measures in accordance with the specified recovery plan.
In addition, disaster preparedness measures are being implemented throughout the entire Shimadzu Group, such as improving the earthquake resistance of buildings and other facilities, implementing disaster preparedness training, and preparing disaster relief supplies.