Risk Management

Risk management structure

Based on the Tsukishima Holdings Group Risk Management Rules set forth to minimize risks of loss in the Group, the Risk Management Committee, consisting of directors and other members, will lead risk management activities in an emergency. The Risk Management Committee Secretariat, consisting of the administration and other related sections, serves as the permanent organ charged with the required activities. In normal times, compliance promotion sections undertake risk analysis, collect and manage risk-related information, and report to the management as necessary. This information is integrated with the climate change risks approved by the Sustainability Committee. Notable business risks are identified, evaluated, and reported to the Board of Directors.

Risk management structure

Responding to major emergencies

The President of Tsukishima Holdings determines that a major emergency* has occurred, forms a response task force, and serves as its general manager.

* Circumstances in which we require responses by the Group as a whole or we provide information on how the event occurred and related Company policies to the media or others

Major initiatives in FY2023

Compliance promotion sections, which serve as the Risk Management Committee secretariat, identified and evaluated climate change risks associated with the consolidation with JFE Engineering Corporation’s domestic water engineering business in cooperation with the Sustainability Committee.

Major business risks and responses

Listed below are the major business risks and responses recognized by the Group through its risk management and business activities and the measures implemented in response.