As part of this effort, Nihon Kohden has formulated a Business Continuity Plan (BCP) and conducted periodic company-wide education and training. In FY2024, the Company conducted evacuation drills, safety confirmation drills, as well as training of the disaster response at the head quarters, to ensure that employees can take appropriate action in the event of an emergency in accordance with the Disaster First Response Manual.
The Nihon Kohden Group conducts its business activities not only in Japan but also around the world. In the event of natural disasters and shortages of water or other resources associated with climate change, terrorism, war, or the spread of infectious diseases in each region, the procurement of parts, the supply of products, and sales and service activities may be disrupted, which could have an impact on the operating results and financial condition of the Nihon Kohden Group. The Company procures raw materials and parts used for its products not only in Japan but also around the world. In the event of a supply issue at a supplier, the Company takes measures, including the consideration of alternative parts, to ensure that the production of its products is not affected.
In March 2015, Nihon Kohden drew up a business continuity plan to ensure that even if the Company suffers damages and losses due to a major earthquake, the provision of products and services can continue or be quickly restored. The BCP sets forth organizational charts, initial response manuals in the event of a disaster, subsequent restoration plans following an initial response, operational procedures, and disaster mitigation measures to be taken under normal conditions for each business site. In February 2020, we also drew up an initial response manual for a possible flood disaster.
To ensure that the business continuity plan will function effectively during a disaster, Nihon Kohden sets the BCP Operating Regulations and established the BCP Operation and Management Committee tasked with operating and managing the BCP. To ensure the effectiveness of the BCP during a disaster, the Committee conducts periodic Company-wide education and training. In addition, the BCP is reviewed periodically to make ongoing improvements.
- Protect employment while placing a priority on the lives and health of employees and their families
- Fulfill our responsibility to supply products and deliver services to customers, and endeavor to maintain a healthcare structure
- Support customers and contribute to local communities
- Maintain close coordination with affiliate companies and minimize the impact on the management of both parties
Nihon Kohden has rolled out its safety confirmation system in 2009. The safety confirmation system enables us to quickly ascertain the safety of employees and their families after a disaster as well as ascertain the extent of the damage and implement measures to restart business operations. During a disaster, an email is sent to all employees in the affected region. Responses to this email are monitored on a dedicated web page.
Nihon Kohden prioritizes the safety of its employees and has established a comprehensive stockpiling system to prepare for natural disasters and other emergencies. Each business site is equipped with essential supplies, including drinking water, emergency food, blankets, portable toilets, and hygiene products. These supplies are regularly inspected and replenished to ensure their availability. Through these efforts, Nihon Kohden maintains a framework that enables prompt response and supports business continuity in the event of a disaster.
Nihon Kohden has installed BCP boxes at the emergency exits and evacuation points on each floor of all business sites, sales branches and offices, and factories in Japan. These BCP boxes contain essential information and rally flags to protect lives during emergencies. They support employees in each area in evading swiftly and accurately. We also continuously check the boxes' contents to ensure that the latest information and appropriate supplies are always available.
