Risk Management System
These risk reduction activities are undertaken as a companywide initiative to prevent risk occurrence and raise risk management levels, such as by checking and following up on the progress of countermeasures at risk management meetings.
The management risks to be reduced by the Group are described in the Business-related Risks in our Annual Securities Report to widely disclose information to our stakeholders.
Promoting Business Continuity Management (BCM)
The Pacific Industrial Group has a Business Continuity Plan (BCP) to minimize damage giving top priority to human life, and continue or recover our operations at an early stage in the event of emergencies such as earthquakes, windstorms, floods, and infectious diseases. In addition, we regularly conduct programs to improve disaster prevention awareness and skills, such as companywide disaster drills and participation in local initial firefighting competitions, as part of our continuous efforts to improve our disaster control measures (BCM).
In response to the Covid-19 pandemic from 2020 to 2022, we implemented thorough measures to prevent infection in the form of Action Guidelines for the Prevention of Covid-19, which included wearing masks, frequent hand sanitization, daily physical checks and temperature checks, and avoiding the “3 Cs”, according to the level of infection. Also, the measures we have taken for preventing mass infection, such as simultaneously implemented split operations, introduction of remote work including web conferencing, and deployment of sanitizing kits at all sites, are valuable experiences and systems that will be very effective in any future pandemic.
Based on our Group’s IT Regulations, we have established a global information security promotion system and established a Basic Information Security Policy, and we are working together Groupwide to systematically and continuously enhance information security. With our consolidated subsidiaries in Japan and overseas, we hold monthly IT meetings with each subsidiary to share information on countermeasures and develop policies for improving security levels and awareness throughout the Group.
In defending against external threats, we analyze vulnerabilities such as unauthorized access and information leaks, and continually reinforce our risk countermeasures, such as by installing next-generation antivirus software, implementing security monitoring by exernal experts 24 hours a day, 365 days a year, and implementing multilayered protection using multiple security systems.
To ensure that each and every employee is informed, we continuously enlighten, educate and train all our IT users in Japan and overseas through monthly e-learning and targeted attack email drills, thereby improving IT literacy and minimizing cyber risk.