(6) Risk Mitigation Initiatives ■  Breakdown of Consolidated Risk-Weighted Assets  by Event Type ■ SMFG’s Operational Risk Mitigation Activities on a Semi-Annual Basis SMFG  2011 46 Management Process/Roles of Organizational Units Objectives Magnitude rating  assignment of risk  scenarios Mitigation of  high-impact  operational risk  within the Group  as a whole Autonomous risk  management by  business units  and Group  companies as a  whole Planning Preparation of plans for risk  mitigation for high-impact risk  scenarios based on risk control  assessments Decision to implement plans made  by the Operational Risk Committee Calculation of planned targets of  each business unit and Group  company under the AMA Decision to implement related  operating plans of each department  and Group company made by the  Management Committee and other  decision-making and related bodies Implementation Implementation by the department  responsible for the risk scenario Implementation of risk mitigation  measures Implementation by the responsible  department within each business  unit and Group company Prevention of internal loss  occurrence, and improvements in risk  and control of risk scenarios Assessment and Review Decision to implement plans, etc.,  made by the Operational Risk  Committee Reassessment of scenarios by taking  account of the implementation of risk  mitigation measures. Review of  scenarios targeted for risk mitigation,  followed by the further development  and implementation of risk mitigation  activities Feedback of results from the unit in  overall charge of operational risk,  plus an assessment by the  Management Committee and others  of planned versus actual results at  the end of the period Results of measurements and  analysis of changes from the  previous half-year period (including  the frequency and severity of  scenario) are fed back to each  business unit and Group company Plans for operational  risk assets Event Type Percentage (1) Internal fraud 9% (2) External fraud 7% (3) Employment practices and workplace safety 1% (4) Clients, products, and business practices 19% (5) Damage to physical assets 19% (6) Business disruption and system failures 5% (7) Execution, delivery, and process management 40% (March 31, 2011) To mitigate risk using the quantitative results of the AMA, SMFG and  SMBC implement risk mitigation measures to high-severity risk sce- narios identified in the previously mentioned magnitude rating. In addition to the above, the operational risk-weighted assets  calculated using the quantification methods are allocated to the  business units of SMBC and other Group companies, as part of  initiatives to mitigate risk for the Group as a whole. Specifically, (1) at the beginning of each fiscal year, the opera- tional risk-weighted assets calculated using the internal loss data  and the scenario exposure determined from the risk control assess- ment are allocated to each business unit and Group company,  (2) during the fiscal year, each business unit and Group company  work to prevent the realization of operational risk and improve sce- nario control by implementing risk mitigation measures, (3) during  the first and second halves of the fiscal year, the measurements of  risk-weighted assets of each business unit and Group company and  an analysis of factors causing the change from the previous half- year period (including the frequency and severity of scenario) are fed  back to the business units and Group companies for revising their  plans, and, (4) finally, at the end of the fiscal year, by comparing the  planned versus actual results, we endeavor to enhance the aware- ness of operational risk, improve the effectiveness of operational risk  management, and mitigate operational risk within the Group as a  whole. Note: Only risk-weighted assets calculated under the AMA.