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The Nikon Group is structuring a Business Continuity Management (BCM) system covering our core operational areas of the Precision Equipment Business and the Imaging Products Business as well as the corporate headquarters function which supports such operations. A business continuity plan (BCP) is being formulated which will ensure the rapid restoration of the above-mentioned core businesses in the event of a large-scale disaster such as a major earthquake impacting the Tokyo area.
As shown in the following chart, the time needed until business recovery varies considerably depending on whether or not a BCP is in place. For this reason, having a BCP and building a BCM system makes it possible to minimize corporate losses in an emergency and to earn stakeholders' trust in company management.
The BCP and BCM are amendable. Reviewing the BCP and BCM in consideration of global situations and market forces is always needed. Nikon is conducting training to make the BCP more effective and studying measures against new risks, in accordance with the PDCA cycle. In the year through March 31, 2010, Nikon is taking countermeasures against a pandemic influenza.
* "PDCA" stands for the "Plan," "Do," "Check," and "Action" cycle of business activities.
