Risk Management Policy

In order to minimize increasingly diverse risks, we are working to strengthen risk management as part of our internal controls. The Risk Management Committee is the driving organization to build a framework that systematically analyzes and assesses material risks, implements measures to mitigate them, and shifts the focus to activities to continuously improve.
In addition, we have established the Information Disclosure Committee to ensure timely disclosure of risks and other important information, and have developed a system to disclose information in a timely and appropriate manner.

In addition to formulating the Risk Management Rules that define risks and stipulate the promotion system of risk management, we have established the Risk Management Committee as an organization to promote the strengthening of risk management, and it engages in the following activities.
　　　　　　　　

a) Regular identification, analysis, and evaluation of material risks and
     formulation of risk countermeasures 　　　　　　　　

b) Regular review of risk countermeasures and study of corrective actions 　　　　　　　　

c) Examination of countermeasures and prevention of recurrence, etc.,
     in response to the emergence of material risks 　　　　　　　　

d) Reporting to the Board of Directors 　　　　　　

Through this Committee, the Company identifies, analyzes,and assesses the material risks associated with its business activities, and formulates and reviews countermeasures againstthese risks after confirming the status of countermeasures against these risks, such as avoidance, mitigation, relocation,and retention. In the event that a risk materializes despite the implementation of a variety of countermeasures, we will takeappropriate action to quickly resolve the problem in cooperation with the concerned departments, and will strive to identify thecause of the problem and formulate and implement measures to prevent its recurrence.