Risk Management

Risk management system
NEOJAPAN has established and operates a risk management system based on its risk management rules and the business continuity planning rules. This system is intended to facilitate smooth business operation by defining as risks any factors that could impede the achievement of NEOJAPAN’s management goals or its sound growth and corporate survival, or that might impair society’s trust in NEOJAPAN. To address general risks, we have established the Risk and Compliance Committee under the supervision of a full-time Director to carry out ordinary risk identification and response. Any issues identified in audits by auditors or in internal audits are reported to the Representative Director and to those responsible in the sections in charge, and efforts are made on that basis to maintain and strengthen internal systems. See Business Continuity (BCP/BCM) Initiatives for more on severe risks to business continuity, including disasters.

Basic policy for antisocial forces
Today, company compliances are being emphasized in industries, requiring corporate activities to be transparent while working with or funding antisocial forces are subject to social criticism. Preventing relationships with antisocial forces is necessary not only from a compliance perspective but also from risk management’s, as they both have an important position in the internal control system.
We have established the following basic policies for eliminating antisocial forces.

Basic policy for eliminating antisocial forces

1. Shut all relationships and ties with antisocial forces
2. Prohibit providing profits or making any back-door transactions to antisocial forces
3. Take legal actions when given unreasonable demands from antisocial forces
4. In order to prevent risks caused by antisocial forces, we will respond appropriately and cooperate with external forces such as the police, violence expulsion centers, and lawyers
5. Ensuring the safety and protection of our employees who are exposed to unreasonable demands from antisocial forces

Initiatives for Business Continuity (BCP/BCM)
We ensure the safety of our employees and their families by preparing for all emergencies and crisis events related to business continuity including, natural disasters infectious diseases, and pandemics caused by new viruses. We have formulated a BCP (Business Continuity Plan) for the purpose of appropriately continuing and operating our core business during these events. In addition, we have developed a BCM (Business Continuity Management) Committee consisting of members selected from each department that are involved in the business while we continue to active, operate, and review the BCP.