The 26th meeting of the ISO/TC 176 held in Tokyo in February 2009 passed a resolution that the well-known ISO 9000 series standard should be maintained and updated. In addition, new notions and ideas for a new edition of ISO 9001 came up at the meeting. In November the same year, ISO 9004:2009 “ Managing for the sustained success of an organization — A quality management approach,” the third edition of the standard, was published. The ISO 9004 standard mentions “risk” in a total of 15 articles and clauses. In addition, this edition reminds organizations to refer to ISO 31000 — a practical document that seeks to assist organizations in developing their own approach to the management of risk. While ISO 9000 that takes a process-oriented approach as its core concept and leads organizations to move toward sustainable management, it would be better for organizations to first develop and implement a risk management system.