Risk Management

Basic Approach

i-PRO recognizes that appropriately identifying and managing all risks associated with business activities is essential to achieving sustainable growth and enhancing its corporate value in the medium to long term.
We evaluate risks from multiple perspectives—including legal compliance, quality, information security, supply chain, human rights, natural disasters, and geopolitics—and work to prevent and/or mitigate them.

Structure and System

To appropriately identify group-wide risks and strive for prevention and/or mitigation of impact, i-PRO has established the following risk management system.

Supervision by the Board of Directors
The Board of Directors supervises all company activities under the leadership of the CEO.
Risk and Compliance Committee
With the CEO as its chair, the Legal Division coordinates with each entity, identifies and evaluates group-wide risks, formulates countermeasures, and considers preventive measures.
This committee also collaborates with the Sustainability Committee to manage Environmental, Social, and Governance risks in an integrated manner.
Internal Audit Structure
The Internal Audit Department regularly verifies the effectiveness of risk management activities and reports to the Board of Directors and the Audit and Supervisory Committee, enhancing the effectiveness of risk management.

Initiatives

Business Continuity Management (BCM), Business Continuity Plan (BCP) Formulation and Training

i-PRO has developed a Business Continuity Plan (BCP) in preparation for unforeseen events such as natural disasters, infectious disease outbreaks, cyberattacks, and supply chain disruptions.
We continuously conduct group-wide risk identification and assessment, review countermeasures, and conduct training during normal operations. In the event of a crisis, a Crisis Management Headquarters is established, headed by the CEO.

Strengthening Information Security

i-PRO prioritizes information security as a top management issue, and has established a system based on the ISO 27001 standard to protect personal, customer, and confidential information. This includes:

  • Operation of management control according to the risk level of information assets
  • Continuous education and training for all officers and employees
  • Establishment of an incident response system for unauthorized access and other incidents
  • Compliance with laws, ordinances, and international standards, and continuous improvement

We also prioritize information protection from the product/service development stage, and strive to ensure quality and security so customers can use our products and services with peace of mind.

Product Safety and Quality Risk Management

i-PRO Group systematically evaluates and manages risks throughout its entire product lifecycle from the perspectives of safety, legal/regulatory compliance, and quality assurance, based on internal standards such as the i-PRO Code of Conduct and Basic Quality Policies.
Through design, verification, and improvement processes that conform to global regulations and customer requirements, we strive to proactively prevent quality issues and respond swiftly, providing products that can be used with confidence.
Our mission is to keep our products up-to-date according to customer operating environments and to continuously provide them at levels of safety and quality that exceed expectations. We will continue to strive for continuous improvement and increased sophistication.

Identifying and Reducing Intellectual Property Risks

i-PRO regards intellectual property as a vital business asset, establishing competitive advantage through the cycle of creation, protection, and utilization of inventions, trademarks, designs, and know-how. At the same time, we recognize intellectual property-related risks such as imitation, infringement, and technology leaks as significant risks that could damage corporate value. We conduct regular portfolio reviews considering political, regulatory, and technological trends, optimize intellectual property contracts, and strengthen clearance of rights during global expansions. Led by the Intellectual Property Division, and collaborating with business units and R&D departments, we support sustainable growth and enhanced governance effectiveness by promoting the early-stage detection and correction of intellectual property risks, and the utilization of intellectual property information.

AI Ethics and Digital Risk Management

i-PRO pioneered the establishment of AI ethics principles within the industry and has built governance frameworks to ensure the transparency, fairness, and accountability of AI.
We have established an AI Ethics Committee to promote the safe and reliable use of AI.

Integrated Management of Sustainability-Related Risks

i-PRO supports the Ten Principles of the United Nations Global Compact (UNGC) and positions human rights, the environment, and corporate governance (risk management and anti-corruption) as key focus areas under its Sustainability Basic Policy.
The Sustainability Committee and Risk and Compliance Committee work together to drive continuous improvement and strengthen group-wide risk management.