The OLC Group works to prevent and respond to a wide range of business risks in accordance with the OLC Group Risk Management Guidelines.
We have installed a Risk Management Committee to promote effective risk management as standard practice. We have identified and assessed our risks at least once a year, categorizing them into strategic risks*1 and operational risks*2, the former overseen and managed by the Corporate Strategy Planning Department and the latter by the Risk Management Committee.
*1 Strategic risks: Risks that exert a material impact on the sustainability of business
*2 Operational risks: Risks that exert a material impact on the execution of business
The Corporation Strategy Planning Department and the Risk Management Committee respectively report their risk management status to the Executive Committee and the Board of Directors to confirm the effectiveness of our risk management.
The Emergency Control Center (ECC) is set up to determine how to address an emergency situation as it arises. All OLC Group companies are mandated to swiftly report any identified situations that need to be controlled urgently.
To be prepared the event of an earthquake, we have in place the Basic Plan of Earthquake Countermeasures, which describes our plans regarding supplies and materials as well as first-aid care. Based on the Basic Plan, we have also prepared a response manual indicating the action to be taken by each department.
To address the COVID-19 pandemic, we established the Tokyo Disney Resort Infectious Disease Response Coordination Division, with the President of Oriental Land Co., Ltd. as its director. The division makes decisions on important matters concerning the operation of Tokyo Disney Resort, such as limiting attendance at both Theme Parks and reviewing their operating hours.
Earthquakes, fires, typhoons, snow, lightning, power outages, accidents, food poisoning, infectious diseases, and terrorism, among other risks
Our Group has set up the Emergency Control Center (ECC) as the organization that supervises response in an emergency such as an earthquake, fire or typhoon to minimize damage to people, and property, enabling the swift resumption of operations. Given the Great East Japan Earthquake in March 2011 and the global spread of COVID-19 since 2020, we have formulated our Business Continuity Plan (BCP) in anticipation of large-scale disasters.
In February 2019, we shifted to a method of financing that sets a loan drawdown of between ¥5 billion and ¥150 billion, with the amount to be determined by our Group if an earthquake materializes.
Following the Great Hanshin-Awaji Earthquake in January 1995, we have undertaken risk finance initiatives as appropriate with the aim of securing liquidity on hand to continue business. This financial preparedness played a part in enabling us to continue business and achieve a rapid recovery in performance following the Great East Japan Earthquake and during the COVID-19 pandemic. Our current policy on financial preparedness for earthquakes and other disasters is to use a portion of cash on hand to secure the funds neccessary to continue business operations.
Our Group Basic Policy on Information Security lays out the basic policy and procedure for information management. Specific guidelines for action are set forth in the OLC Group Information Security Policy, and we are developing an information security management system that conforms to this policy. Information management is controlled by the Information Security Management Committee, a sub-committee under the Risk Management Committee. Chaired by the officer in charge of the General Affairs Department, the sub-committee works to raise the level of information security management within our group by monitoring compliance with the OLC Group Information Security Policy and developing plans for employee training and awareness programs.
In January 2013, we established the OLC Group Guidelines on Social Media, which set forth rules on management and communication of information through social media. These guidelines serve to enhance our Group’s information security including in the social media channels.
- The OLC Group shall ensure the proper management of all information related to its business operations (“Information Assets” hereinafter), by identifying its owner, its value as an information asset, the level of confidentiality, and rights of access.
- The OLC Group has established an information security policy (“Policy” hereinafter), setting forth specific procedures to be followed by OLC Group companies and specific actions to be taken by executives and employees in the management of information.
- The OLC Group, its executives and employees, shall abide by applicable laws governing the management and handling of Information Assets.
- The OLC Group shall take appropriate technical security measures when processing or holding its Information Assets in an information system and/or network.
- The OLC Group shall offer scheduled training and education to its executives and employees to familiarize them with information security management policy and procedures.
- The OLC Group shall review the documents and controls adopted for the Policy and other basic policies etc., and shall monitor compliance with these policies and procedures on a continuous basis.
Our Group ensures that customers' and guests' personal information is protected. The handling of personal information is periodically checked by the departments in charge, as well as audited by other departments.
