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Risk Management

In order to win long-term trust from customers and society and achieve management goals to continue our business, Kyowa Hakko Kirin Group has implemented a risk management system in group companies.

“Risk management” in Kyowa Hakko Kirin Group refers to a series of ongoing activities to identify and analytically assess risks that may affect management, respond to the risks, confirm the responses made, and make improvements to the responses. Specifically, we root out risks by using a risk ledger, have created and currently operate a risk management program, confirm the progress of the risk management program each quarter, and monitor changes in risk and the manifestation of risks in each department. The results of the monitoring are reported to the group CSR committee.

In addition, of the situations that inhibit the achievement of our management goals, we have defined as “crises” those that may have a profound impact and require a rapid response, where we prioritize human life and health, and act quickly and accurately with the aim of minimizing the impact of the crisis and promptly returning to normal business operations.

We established the “Kyowa Hakko Kirin Group Risk Management Policy” in 2016 to specify the purpose of risk management, definition of risk/crisis, and responsibility for the operation of line management.

Improvements in BCP

We are continuously making improvements to our Business Continuity Plan (BCP). Along with the formulation of company-wide BCP guidelines, BCP basic plan, and BCP action plan, we reflect the points we notice during the disaster prevention training and BCP training to the respective BCP documents as part of the Plan-Do-Check-Act(PDCA) cycle.

In December 2016, we conducted a large-scale earthquake simulation drill targeted for heads of departments including directors and executive officers.

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