Risk Management

Business Continuity Plan (BCP)

The Shindengen Group considers supply chain management and risk management during large-scale disasters one of its social responsibilities related to business activities. We formulate business continuity plans based on ISO 22301 (business continuity management) and implement systematic management. The Business Continuity Management (BCM) Committee was established, and a system for disaster response and rapid initial response and business continuity has been implemented under the “Disaster Prevention and Business Continuity Policy,” thus consolidating the functions of gathering and disseminating risk information from each Group company in Japan and overseas. Annually, training and top management reviews are held to continuously improve the suitability, appropriateness, and effectiveness of the BCM system. In FY 2023, conditional business continuity training was also conducted remotely for each division. We improved and strengthened our BCPs while raising awareness by holding drills for each division based on highly realistic assumptions and questions rooted in the business continuity.

Emergency Response and Business Continuity Plan-Statement of Principles

Transparency of Tax Payments

Shindengen Vietnam Awarded by Haiphong City

Shindengen Vietnam received an award from the Haiphong City People’s Committee for its outstanding achievements in imports/exports and tax payment in FY 2023. The award recognizes the company's proper conduct of economic activities and the positive impact of these activities on the community. Shindengen Vietnam will continue to develop its business while ensuring compliance and will increase its competitiveness in the global market with the goal of achieving sustainable growth.

  • Award certificate
    (Shindengen Vietnam)
  • Award ceremony
    (Shindengen Vietnam)

Information Security

Under its officers in charge of information systems, Shindengen Electric Manufacturing Co., Ltd. has created a data security promotion system with the Information Systems Division as its controlling division and works hard to prevent data leaks. To ensure the security of data assets, we have established various internal rules and are raising awareness of these rules among all employees. We also hold an information security class once a year for all employees and standard phishing email drills to enhance our personnel’s countermeasures and address risks.
In terms of information systems, we are strengthening various measures to deal with external security threats. Additionally, the surveillance of employee internet activities and monitoring of computer operational logs through integrated security monitoring software are performed as a means of ensuring security in response to information leaks from an internal source.

Export Control (Security Trade Control) and Import Control

To maintain international peace and security, the Shindengen Group complies with export laws, including the Foreign Exchange and Foreign Trade Act and has established a strict export control system to prevent the proliferation of weapons of mass destruction and excessive accumulation of conventional weapons.
Shindengen Electric Manufacturing Co., Ltd.'s export control system comprises the “Security Trade Control Committee” chaired by an officer appointed by the President as the Chief Security Trade Control Officer, the “Security Trade Control Regulations” to ensure that export transactions are conducted properly, and the “Security Trade Operating Regulations” to facilitate these transactions. Moreover, in domestic sales where it is clear that the product will ultimately be exported by the customer, we do our utmost to find out as much as possible about the product’s end user and its intended use to ensure that Shindengen Electric Manufacturing Co., Ltd.’s products are not being used to threaten international peace. Moreover, through our in-house rules, we limit the execution of import and export operations to those who have been certified as compliant with our internal qualifications and thereby manage risks and streamline import and export operations. Those certified as compliant with our internal qualifications are obligated to acquire the necessary specialized skills.

Protecting and Utilizing Intellectual Property

Basic Policy Related to Intellectual Property

The Shindengen Group views its intellectual property as an important management resource, and promotes the following measures to enhance corporate value and achieve sustainable growth.

• We comply with relevant laws and regulations on intellectual property

• We appropriately manage, acquire, protect, and use our intellectual property rights

• We conduct our business while fully respecting the intellectual property rights of third parties

Intellectual Property Strategy

(1) Three-In-One Initiative and Intellectual Property Mix Strategy
The Shindengen Group promotes a “three-in-one” initiative that organically integrates its intellectual property strategy, business strategy, and R&D strategy, and is working to create intellectual property that will strengthen the competitiveness of its business. In particular, we appropriately manage our patent rights and design rights (which are accomplishments of our R&D), trademarks (which are the foundation of our brand power) and copyrights (which are the accomplishments of our creations) based on a designated flow for acquiring, maintaining, and discarding them. We are also promoting an “Intellectual Property Mix Strategy” to comprehensively manage our intellectual property-related activities while visualizing the construction of our intellectual property portfolio through the intellectual property landscape.
(2) Open Patent Initiatives
Aiming to revitalize socio-industrial activity through collaboration between industry, academia, and government, and open innovation, Shindengen Group is taking steps to allow the effective use of its patents related to electric converter technologies and circuit technologies by opening them to the World Intellectual Property Organization (WIPO) and local governments, etc.
(3) Counterfeit Products – Zero-Tolerance
To eliminate counterfeit products that infringe on the Shindengen Group’s patents, utility models, designs, trademarks, and other property, the Group is strengthening its monitoring and action and maintains proactive countermeasures. We have adopted a serious stance in our handling of counterfeit products.
(4) Incentive Program for Inventions, etc.
Guaranteeing the rights of employees who create inventions, the Shindengen Group formulated the Invention Handling Rules to encourage inventions and research and to clarify the obligations of employees who create inventions, and our internal patent attorneys and Intellectual Property Division employees provide support for securing intellectual property rights.
(5) Inter-Group Collaboration on Intellectual Property-Related Activities
In consideration of the expanding value of global intangible assets, the Shindengen Group positions developers, engineers, and production line employees, who are the intellectual capital and human capital creating inventions and designs, as important management resources to build our business superiority. We will continue promoting intellectual property collaborative activities across the Group to support business operations that maintain our competitive advantages.

Intellectual Property Education

The Shindengen Group is striving to thoroughly implement its Basic Policy on Intellectual Property Rights and to develop human resources in order to leverage our intellectual property (IP). We are committed to improving employee knowledge of IP by publishing regular newsletters on IP and providing training suited to our employees’ experience and career level. We will create new value and achieve sustainable growth for our Group by motivating our engineers to create inventions through education.

  • IP education“IP Risks and Countermeasures for Manufacturers”(Shindengen Electric Manufacturing Co., Ltd.)

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