SOCIAL
BASIC APPROACH
Employees who are dedicated to their everyday work and strive to contribute to the development of a better society are the driving force of the Noritsu Koki Group’s ongoing efforts to create “No. 1/ Only 1” businesses and deliver social value. They are also the source of our competitive advantage in the industry and marketplace. The Group has set four material issues, one of which is “Creating inclusive workplaces where diversity is respected and all employees can thrive and contribute with a future-oriented mindset,” and is working to maximize its human capital.
Specific measures are organized into three categories: Maintaining safe and healthy workplaces; improving initiatives for developing talent, skills, a proactive mindset and leadership skills of employees at all levels; and respecting diverse values and promoting flexible ways of working. We set KPIs to visualize the progress of these measures, and work toward improvement by sharing our understanding of issues. Regarding the Group’s human capital management, Noritsu Koki, the holding company, formulates Group policies, plans and measures based on the material issues, communicates them to Group companies, provides support for implementation, and monitors progress. The three core Group companies independently recruit and develop people who contribute to the respective company’s corporate value and medium- to long-term growth strategies, and work to expand the human resource infrastructure.
People’s career values are becoming more diverse, and labor mobility is increasing. In addition, there is intense competition to attract and retain talent with the desired skills and experience, such as people with advanced technological skills. Given this social structure, we recognize that practicing human capital management that helps people understand our appeal and stay motivated to grow will become increasingly important. As such, we will work to accelerate initiatives to address our material issues.
RECRUITING AND DEVELOPING TALENT
Securing superior talent and supporting their success is one of the Noritsu Koki Group’s most important management objectives. We actively recruit people who are highly motivated and independent, whether they are fresh out of university or mid-career. We provide suitable training opportunities and fair evaluation and benefits in order to develop and produce talented individuals who will drive the Group’s sustainable development. In 2023, we expanded the number of yearly training hours and increased the number of training options.
| Item | Unit | Teibow | AlphaTheta | JLab | Noritsu Koki | Groupwide | 2023 Group Target |
|---|---|---|---|---|---|---|---|
| Training hours per person (2023) |
Hours annually |
18.8 | 15.5 | 10.8 | 69.7 | 18.0 | 22.4 |
In addition to the training hours above, which are a target for the whole Group, each operating company provides training in order to pass on and improve the technologies and expertise specific to each business.
The percentage of employees who receive regular reviews of their performance and career development progress is 90.3%.
OPTIMIZING WORK ENVIRONMENTS
We conduct business globally. To continue producing “No. 1/Only 1” businesses and achieve growth, it is imperative to understand the diverse attributes (nationality, culture, beliefs, etc.) of our employees.
We will take a proactive approach to diversity, equity and inclusion—elements that are closely related to “Creating inclusive workplaces where diversity is respected and all employees can thrive and contribute with a future-oriented mindset,” which is one of our material issues.
EFFORTS TO ENABLE MORE DIVERSE AND FLEXIBLE WAYS OF WORKING
In 2023 (as in 2022), we set seven items for monitoring, including the percentage of paid holidays taken, the telework adoption rate, and the percentage of eligible employees taking parental leave, in order to visualize the progress of enabling more diverse and flexible ways of working and identify issues. In 2024, the entire Group will focus on addressing the areas of concern identified from the monitoring results.
EFFORTS TO MAINTAIN SAFE AND HEALTHY WORKPLACES
For health and productivity management, based on Group-wide policies, we will maintain and promote the health of employees and ensure safe and comfortable environments in which they can work with peace of mind. Furthermore, Teibow, which has its own manufacturing sites, has established a Health and Safety Committee, and is taking steps such as conducting regular inspections and weekly safety awareness activities to maintain safe workplace environments, with the goal of zero occupational incidents. In response to an occupational incident that occurred in 2023,Teibow quickly took action to prevent recurrence and worked to ensure thorough education and training.