Risk (crisis management)

The CSR theme "Risk" is based on the following policy.
"Tamron prepares against risks that could threaten civic life or corporate activities, and does the utmost to prevent such risks from occurring. Should any such crisis occur, we will make every effort to minimize damage and loss, effect a swift recovery, prevent recurrences and fulfill our social responsibility."
We manage risks by implementing risk management from both the risks and growth opportunities that should be prepared for our sustainable growth.

Related SDGs

  1. 11.b By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons

Risk Management System

The political and economic conditions surrounding Tamron, along with the broader business environment, are changing with each day. Tamron implements risk management and controls risks based on both aspects, namely the risks that need to be prepared for to ensure Tamron's sustained growth, as well as growth opportunities themselves.
We recognize a wide range of risks as key management issues. The CSR Committee, which is chaired by the president and comprises all officers and managers of division as members, deliberates and makes decisions about Tamron's basic policy on risk response and other important matters. The committee also reports to the Board of Directors as appropriate. Risks and opportunities recognized as key management issues are implemented through the “Basic Policies and General Principles” of the mid-term management policy and through the management plans of each division. Each division then builds a management system to perform administration of the policies. In terms of CSR, important issues are recognized as priority CSR issues. For these, we set management targets and monitor our progress on the issues periodically through quarterly CSR Committee meetings.

Action items and important indicators

FY2019
Target
Results Measure
Rechecking preparations for major disasters Reviewed BCP, Group-wide risks and departmental risks Determination of key risks and opportunities based on the risk management system

Key Risks and Opportunities

Risks and Opportunities