About NGK

Approaches to Risk Management

NGK Group recognizes uncertainties that can affect the realization of its Group Vision as risks. The Group aims to control these risks by appropriately identifying them and taking preventive measures to minimize potential losses caused by risks that materialize. The Group has established the following approaches to address risks based on their types.

Approach to Risks associated with Business Transformation

We will continue to proactively create business opportunities and challenge ourselves to drive business transformation by taking appropriate risks in order to provide new values in carbon neutrality and the digital society.

Approach to Risks in Corporate Operations

We will appropriately control material risks that impede the continuity of business operations, achievement of management goals and sustainable growth by establishing countermeasures with timely capturing internal and external environmental changes including supply chain and continuously monitoring the possibility of risk materialization and changes in the degree of impact.

Approaches to Risks Related to Relationships with Stakeholders

We will strive to eliminate risks that hinder the assurance of the quality and safety of the products and services we provide.
With regard to risks related to sustainability issues including human rights and climate change, we will work throughout our supply chain to meet societal expectations and contribute to realization of a sustainable society.
With regard to risks related to compliance, we will endeavor to act in a sincere and responsible manner in accordance with international norms and thoroughly eliminate actions that are inconsistent with being a member of the international community including fraudulent behavior.