Risk Management

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