Feature 3: Business risk management
Risk Management Cycle Our Risk Management System ensures sustainable business operations, identify, assess and formulate policies to deal with risks, prevent them from occurring and take prompt action when they do occur. The Risk/Audit Committee continuously identifies, assesses, examines countermeasures and records responses to business risks, and reports the status of management of major risks to the heads of each business unit at regular monthly meetings and to the Company Executive Committee on a quarterly basis.
Escalation input into ADS* Temporary countermeasure
INCINDENTS OCCURED
Root cause analysis
Fact finding
Yokoten Sharing lessons learned
Permanent countermeasure
Closing
Verification
(source: https://www.yusen-logistics.com/kr_en/about-us/our-quality) * ADS: Accident Disclosure System
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September 2023
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