Risk Management

SHIONOGI appropriately manages business risks, including creating new business opportunities and taking risk avoidance and reduction measures. We have built and promoted an Enterprise Risk Management (ERM) system, which manages the risks of the entire group, including crisis management for pandemics, natural disasters, terrorism, and cyberattacks, as an important system for our management strategy and management foundation.

Environment-related risks are discussed at the SHIONOGI Group Companywide EHS Committee and the Energy Conservation Committee, a subsidiary committee. These committees assess the timing and probability of risks materializing as well as the financial impact. For high-priority risks, we develop countermeasures against them and check the implementation of these countermeasures. In particular, significant risks that could have a major impact on management are reported through the Enterprise Risk Management Secretariat to the Corporate Executive Meeting and the Board of Directors, which deliberate and make decisions on how to respond to them.

See the section “Risk Management” for more information on risk management.