Risk Management

Penta-Ocean Construction Group shall take appropriate, timely, and continuous measures to cope with various risks that may arise in the course of our business operations. We strive to prevent the occurrence of such risks and if such risks do occur, we shall endeavor to minimize losses that may affect our overall management.

In accordance with the Risk Management Regulations, we established the "Risk Management Committee" under the Sustainability Promotion Committee, chaired by the President and Representative Director. In addition to discussing matters for building and improvement of risk management systems and providing guidance and supervision to departments in charge according to risk classification, the Committee aims to promote risk management for the entire Group by providing guidance and support to each Group company. The activities of the Risk Management Committee are reported to the Board of Directors through the Sustainability Promotion Committee, and the effectiveness of its activities is monitored by the Board of Directors. By identifying and classifying risks in advance, we are able to promptly respond according to the specific type of risk when they do occur. Reviewing the results of past risk management helps raise our awareness and strengthen our defenses against new risks, so we will be able to respond to minimize the damage even when an unexpected risk occurs. Also, we will establish; (1) the Risk Response Headquarters, headed by the President and Representative Director in the event of a major risk situation, (2) the BCP Headquarters if a major incident that threatens the continuity of business activities occurs, (3) the Crisis Response Headquarters if a major occupational accident occurs, and (4) the Disaster Response Headquarters if a natural disaster occurs.

Appropriate management of intellectual property is essential in the development of our business activities.
We promote application for rights in a timely manner in line with business expansion, investigate infringements of rights by others, and respond to such infringements in accordance with relevant laws and regulations. On the other hand, we conduct strict surveys to ensure that we do not infringe on the rights of others in terms of technological development, including industrial property rights. In this context, we developed an organizational structure to conduct necessary investigations to respect the intellectual property rights of third parties and established the rules thereof.
*In FY3/24, we submitted 55 patent applications, 56 patent registrations, and 50 patent disclosures.
"Ground Improvement Technology," "Construction Materials," "Disaster Prevention Technology," "Environment-Related Technology," "Offshore Structure-Related Technology" and "Building Construction Technology."
As of March 31, 2024, we hold 589 patents, 8 utility models, 8 designs, and 80 trademarks, for a total of 685 rights.