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