Risk Management
Basic Risk Management Policy
The MIRARTH HOLDINGS Group identifies and manages each risk based on its basic risk management policy of ensuring the safety of customers, partners, officers, employees, and their families, fulfilling our social responsibility, harmonizing with the global environment, sustaining sustainable business, and enhancing corporate value. In addition, the Risk Management Committee has been established as a promotion structure to ensure thorough risk management throughout the Group.
Risk management
Risk Management System
In order to support the stable and sustainable growth of the Group, we actively and strategically practice risk management by regularly convening the Risk Management Committee, which oversees risks across the entire Group.
In addition to holding four regular meetings annually, the Risk Management Committee is convened as needed in response to changes in the industry or market environment. Through this structure, prompt decision-making and appropriate responses to risks are ensured.
Chaired by the Group CRO, with the Group CFO and two outside directors serving as members, the Committee is structured to enable agile and expert evaluation and decision-making regarding risk. Furthermore, by including the head of the Legal Department in the Committee, the Company strengthens deliberation from a legal perspective and achieves more comprehensive risk management. With the Auditors participating as an observer, oversight and objectivity within the risk management process are also ensured.
Risks and Opportunities
As risks that may have a significant impact on corporate activities are becoming more diverse and complex every day, our group is working to predict possible future events, identify risks and opportunities, and use them to solve social issues and create value.
Strengthening BCP
MIRARTH HOLDINGS has established a group-wide information aggregation policy to ensure prompt and accurate information aggregation and decision-making in the event of a major earthquake or other large-scale natural disaster, infectious disease, or man-made disaster (war, terrorism, accident, etc.) risk. We have established specific rules regarding reporting standards and information aggregation, and are working to ensure that all group companies are fully aware of these standards and rules to quickly establish a business continuity system.
Formulation of a "Manual for Response to an Earthquake Directly Beneath the Tokyo Metropolitan Area" and Implementation of Related Training
In light of the increasing severity and frequency of natural disasters such as earthquakes and wind and flood damage, MIRARTH HOLDINGS and Takara Leben are working to formulate a Business Continuity Plan (BCP) to ensure the continuation of operations even when faced with various risks as a corporation. In FY2024, the Companies formulated a "Manual for Response to an Earthquake Directly Beneath the Tokyo Metropolitan Area," assuming a scenario that could significantly impact headquarters functions and key business operations and clarified the procedures for initial response.
In addition, training was conducted with the aim of ensuring awareness and understanding of the manual and included a review of basic knowledge of BCP and the emergency response structure.
Responding to Infectious Diseases
In response to the spread of COVID-19, the MIRARTH Holdings Group swiftly implemented countermeasures led by its Crisis Management Committee, aiming to continue business operations while protecting the health and safety of employees, their families, and customers.
During the initial outbreak, the Group established fundamental policies and response procedures for confirmed cases, ensuring thorough measures such as a prompt reporting system, clear return-to-work rules, and sanitation protocols. Alongside the introduction of telework and flexible working hours, we also flexibly reviewed meeting formats and operational rules as needed in line with the evolving infection situation.
At customer-facing locations such as model rooms, the Group implemented hygiene protocols including mask-wearing, ventilation, sanitization, and testing for infection. We also made efforts to support the peace of mind of employees and their families, such as through PCR testing, paid leave for vaccination, and support for voluntary quarantine.
Although some of these measures concluded following the reclassification of COVID-19 in May 2023, the Group remains committed to responding to infectious disease risks in a flexible and appropriate manner, and to maintaining a safe and secure environment.