Management Policies, Medium-term Management Plans, and Business and Other Risks

Management Policy

Sustainable Enhancement of Corporate Values

Origin develops its business by utilizing management resources centered on technologies, which are its original strengths, under its management philosophy and basic sustainability policy, while grasping trends in the social environment. With the aim of becoming a "niche top" in our medium-term management plan, we will pursue the exploration of new technologies and the creation of new businesses under our “Change" and “Growth," thereby providing customers with reassurance and comfort and also contributing to the solutions for social issues.

Mid-term Management Plan

Vision

Aiming for niche top
～A company that provides security and comfort to society and customers～

Theme

“Change” and “Growth”
By implementing the new medium-term management plan, which is centered on " Change " and "growth," we will create a new "growth engine" and become an indispensable presence in a drastically changing social environment through the development of unique technologies.

Six Transformations

Numerical plan

Business and Other Risks

The Company has established rules and regulations governing basic matters related to risk management and is working to ensure the continuation and stable development of its business through company-wide risk management practices.
A “Risk Management Committee” has been established to oversee overall risk management, and an action plan for risk management is formulated and implemented on a regular basis, and each business unit  manages risks related to its respective division and reports the status of risk management to the Board of Directors through Risk Management Committee.
The following are the major risks that management recognizes as having the potential to materially affect the consolidated company's financial position, operating results, and cash flows, among other matters related to the status of business and accounting.

• （１）Structural risks associated with equipment industry-related business
• （２）Supply chain
• （３）Price competition, competition and new development of products
• （４）Disaster countermeasures
• （５）Infectious disease and pandemic-related
• （６）Retirement benefit costs and obligations
• （７）Public regulations
• （８）Compliance
• （９）Human resource recruitment and development
• （１０）Foreign exchange rate fluctuations
• （１１）Impairment accounting
• （１２）Information security and cyber attacks
• （１３）Product quality-related
• （１４）Financial covenants
• （１５）Deferred tax assets