DiversitySelected for FY2020 “Semi-Nadeshiko Brand”
Tokyo Century was selected for the Semi-Nadeshiko Brand 2021, which was conducted jointly by the Ministry of Economy, Trade and Industry (“METI”) and the Tokyo Stock Exchange (“TSE”). The company received the designation for three consecutive years since 2019.
“Nadeshiko Brand” is an initiative aiming to introduce certain TSE-listed enterprises that are outstanding in terms of encouraging the empowerment of women in the workplace as attractive stocks to investors who value the improvement of corporate value in the mid- and long-term, thereby attracting the attention of investors to such enterprises’ efforts for the empowerment of women in the workplace and further accelerating such efforts by TSE-listed enterprises. MITI and TSE made assessment of approximately 3,600 enterprises listed in all TSE sections, and selected 45 enterprises from each industry as the Nadeshiko Brand 2021 on March 22, 2021. In addition, 19 semi-successful enterprises including Tokyo Century were selected as the Semi-Nadeshiko Brand 2021 regardless of industries. In 2017, the company was selected as a Nadeshiko Brand 2017 company.
For selecting Semi-Nadeshiko Brands, candidate enterprises are selected according to the screening criteria from 1. to 3. Below, and then be screened based on a point-addition method for candidate enterprises’ financial indices before determining successful enterprises. METI and TSE select Semi-Nadeshiko Brands from the highest-scoring enterprises which obtain a score within the top 15% of all candidate enterprises, but which have not been selected as Nadeshiko Brands, irrespective of the sector to which they belong.
- 1. Prepared an action plan under the Act on Promoting Active Participation by Women
- 2. Disclosed the share of women appointed to management posts among the total number of management posts in the database developed by the Ministry of Health, Labour and Welfare
- 3. Secured at least one female director, auditor, or executive officer
At Tokyo Century, as part of its management policy to promote diversity, the company is taking a variety of initiatives, including trainings to help increase diversity awareness. Tokyo Century makes clear objectives and targets through defining numerical criteria in an effort to develop women’s active participation in the workplace and accelerate work-life balance, while taking initiatives, such as hiring, development and appointment of women workers as well as enhancing support for balancing work and private life. In addition, the company actively disclose information on its corporate website, including its Basic Diversity Policy, action plan based on the Act on Promotion of Women’s Participation and Advancement in the Workplace, Work Style Reform Action Plan, actual numerical results related to women’ s active participation and details of diversity initiatives.