We consider it necessary to effectively address risks that could interfere with the group’s achievement of its business goals so that we can safeguard and steadily increase our corporate value over the long term.
To that end, we have established a series of Risk Management Code based on our Risk Management Policy. Each business department compiles a risk management plan and risk management report that identify risks with the potential to adversely impact our businesses while setting forth measures to avoid, transfer, mitigate, or otherwise address them. The Compliance & CSR Promotion Division provides central management in this area, reporting status information to directors and officers to anchor a companywide approach to risk management. In the event a problem is discovered with the risk management process, we review the process as appropriate.
For risk management in relation to the construction, operation and maintenance of plants, which is our main business, we have formulated the 'Project Risk Management Code', as well as the 'DBO Project Risk Management Code' and the 'DBO Project Operation and Maintenance Risk Management Code'. We have put in place structures that make it possible to minimize the occurrence of risks and the severity of damage when they do occur. We have also compiled a series of Crisis Management Code to address risks that have manifested themselves by setting forth methods for minimizing losses.
Group companies also work to develop and strengthen approaches to risk management through the TAKUMA Group Coordinating Committee for Compliance and CSR Promotion.
Risk refers to all phenomena that interfere with the Group’s ability to achieve its business objectives or cause losses or harm to the interests of stakeholders.
The Takuma Group practices risk management with the goal of increasing its corporate value by working to maximize returns while minimizing the negative impacts of risk.
