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Governance

Business Continuity Plan/Management (BCP/BCM)

The Fujikura Group's Business Continuity Policy

We established the Fujikura Group Business Continuity Policy in March 2012. We subsequently formulated the Group's basic business continuity plan and the head office's business continuity plan in line with the policy.

The Fujikura Group's Business Continuity Policy

In line with the following principles, we will foster business continuity management (BCM) so that we can continue to fulfill our corporate social responsibility and supply our products and services in a stable manner even in the event of an emergency.

Goals

  • As the Fujikura group considers business continuity one of the most important business administration issues, we are engaged in ongoing organizational efforts group-wide. We prioritize businesses to create concrete business continuity systems for, then expand these to other businesses.
  • We formulate business continuity plans that aim for rapid corporate function recovery and that ensure safety for employees and their families in the event of an emergency.
  • We set reasonable standards for rapid recovery or business continuity in the event of an emergency by defining priority business functions and risks to business continuity. We then draft business continuity plans to achieve these standards, and focus our resources when responding to emergencies.
  • We will systematically promote preparedness and plans for response to ensure the effectiveness of the business continuity plan.
  • To stay abreast of changes in social attitudes, technical progress, or environmental changes such as legal system reforms while maintaining business continuity, we will continue to update our business continuity plan.
  • We will regularly implement training based on the business continuity plan, review the dissemination and proficiency level of organizations, and implement examinations of the effectiveness of coordination with outside organizations.

Management System

The risk management committee is designated as the decision-making body for the business continuity plan. The organizational structure consists of the officer in charge of general affairs manager as the chief administrator and the General Affairs Division as the chief division. The chief division implements and engages in ongoing improvements to the business continuity system in conjunction with representatives selected from all departments for business continuity management activities. Furthermore, responsibilities also include requesting explanations, reports, and materials from all departments as required to complete business continuity management activities.

Initiatives of FY2020

Formulation and Promotion of BCP

Fujikura is formulating a widely applicable BCP by appropriately identifying business risks, thereby making the necessary preparations and building a system to respond to any emergencies. Through these efforts we are working to ensure a stable supply of our products to the market and gain more trust from our customers and other stakeholders.
As BCM activities, we conduct training in accordance with the formulated BCP, verify whether the established organizational system functions effectively, and identify and improve issues related to the system and procedures.
The rapid spread of COVID-19 during FY2020 made it difficult to conduct group drills so we mainly conducted online drills. These drills included simulations to confirm roles, procedures, and other aspects of response to a disaster, methods of responding to unforeseen circumstances, and other drills. We also revised the standards for collecting information on increasingly larger earthquakes and other natural disasters and are working to strengthen our emergency response.

Developing BCP Formulation for the Entire Group

In fiscal 2009, we chose pilot departments to be included in the target for a BCP, and began examining and formulating a plan for the selected departments. Specifically, we planned what to do in the departments and across their value chains in the event of a large natural disaster. We have subsequently expanded the BCP target to include three other departments. Following the Great East Japan Earthquake, we have also decided to formulate a BCP for head office, assuming that a large-scale inland earthquake will hit the Tokyo metropolitan area. By formulating a BCP across the business segments, we aim to shorten the time required to recover from an emergency and eventually to strengthen our business foundation. We will thus improve our overall ability to respond to disasters and see to it that we can give a reliable response to requests from our business partners, even in case of emergency.

Implementation Items

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