Key Risks and Opportunities

  Key Risks 
Key Opportunities
 
Risk Factors Key Risks / Key Opportunities Response Methods
  1. ・Shrinking digital camera market
  2. ・Reliance on Photographic
  3. ・Products Business
  4. ・Reliance on specific customers
  1. Contraction of the digital camera market
  2. Reliance on Photographic Products Business and specific customers
  3. Growth in the mirrorless camera market
  4. Growth in the industrial camera market
  1. ・Sales strategy specializing in interchangeable lenses for mirrorless cameras
  2. ・Expanding sales in the growing market for industrial lenses
  3. ・Actively investing in new businesses such as lense medical application
  1. ・Rapid technological innovation
  1. Decline in competitiveness when the development of cutting edge technologies or their application in products is not advanced as scheduled
  2. Obtaining growth opportunities through the development of revolutionary technologies
  1. ・ Technology development and creation of new businesses based on medium- to long-term strategies
  2. ・ Open innovation between industry, academia and government
  1. ・Investment in new businesses
  2. ・Investment in M&A activities, etc.
  1. Failures to investment in R&D and capital investment for new businesses
  2. Actively tackling M&A activities utilizing a robust financial structure
  3. Building the foundations of growth through new management resources acquisition
  1. ・ Strategies aimed at the full-scale commercialization of medical products
  2. ・ Engaging in analysis and discussion in the Management Meeting and Board of Directors from a range of perspectives including market trends, strategy, acquisition prices and potential risks
  1. ・Product supply and demand
  1. Fluctuating product prices, too much or too little inventory
  2. Lack of procurement of glass materials
  1. ・ Properly responding to fluctuating demand in each region and controlling production
  2. ・ Multiple purchases and understanding alternative supplier candidates
  1. ・Geopolitical risks
  1. Expanding various impacts due to global political, social and economic trend
  1. ・ Continually monitoring the global political, social and economic climate to analyze the impact in relation to corporate activities
  1. ・Climate change and global environmental issues
  1. Impact on production activities due to damage to plants in Japan or overseas
  2. Burden from carbon taxes and renewable energy purchase costs
  3. Increased order opportunities due to responding to decarbonized society at an early stage
  1. ・ Implementation of strategies based on the Environment Vision 2050 (energy saving and introduction of renewable energy)
  2. ・ Action and continual improvement based on business continuity planning (BCP) in Japan and overseas
  1. ・Securing human resources
  1. Impact on new hires and continuing employment due to intensifying competition to hire and retain talented human resources
  2. Obtaining growth opportunities by hiring and retaining the employment of talented human resources
  1. ・ Job-specific hiring, positional and grade systems, systems to solicit positional applications internally
  2. ・ Creating a comfortable workplace environment by promoting a healthy work-life balance and diversity
  3. ・ Promoting health and productivity management
  1. ・COVID-19 pandemic
  1. Impact of stagnant economic activity on business performance
  2. Impact of decreasing demand on production activities
  3. Impact on health and safety of employees and stakeholders
  1. ・ Building and operating a remote product development framework
  2. ・ Development of work-at-home and telework environment
  1. ・Complicity in human rights abuses
  1. Boycotts due to direct or indirect complicity in human rights abuses, impact on corporate activities due to legal violations
  1. ・ Consideration of human rights due diligence
  2. ・ Request to supplier and confirmation through selfassessment questionnaires
  1. ・Risks unique to the interchangeable lens business
  1. Defects due to improper matching between lenses and cameras
  1. ・ Quality assurance inspections before product shipments
  2. ・ Handling the overwriting of firmware after shipping
  1. ・Product quality and safety
  1. Damage to brand value due to declining product quality or defects
  1. ・ Building and improving quality assurance systems compliant
  2. ・ Taking action and preventing release when quality defects occur
  1. ・Information security
  1. Leaking of corporate information and personal information due to damaged information system functions caused by computer viruses and the like
  1. ・ Developing information security systems
  2. ・ Implementing management based on an information security policy
  1. ・Compliance
  1. Damage to corporate value due to corporate behavior that violates laws or diverges from social normal, such as infringements upon intellectual property rights, bribery, and so on
  1. ・ Building compliance management systems
  2. ・ Disseminating and ensuring observance of the Compliance Code of Conduct