DiversitySelected for FY2021 “Semi-Nadeshiko Brand”
Selected for “Semi-Nadeshiko Brand” for Four Consecutive Years
Tokyo Century was selected for the Semi-Nadeshiko Brand 2022, 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 four consecutive years since 2019.
Selecting “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 and further accelerating such efforts by TSE-listed enterprises. This initiative marked the 10th time in fiscal 2021.
METI and TSE made assessment of approximately 3,700 enterprises listed in all TSE sections, and selected 50 enterprises from each industry as the Nadeshiko Brand 2022 on March 22, 2022. In addition, 15 semi-successful enterprises including Tokyo Century were selected as the Semi-Nadeshiko Brand 2022. 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 the following (a) to (c) are taken into consideration to be screened based on a point-addition method for candidate enterprises’ efforts for the empowerment of women: (a) companies with multiple female directors and a ratio of female directors of 10% or more, (b) companies with multiple female executive officers and a ratio of female executive officers of 10% or more, and (c) three-year average ROE as financial indicators. 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
Tokyo Century has been promoting diversity and inclusion (D&I) and taking a variety of initiatives, including trainings to foster D&I awareness. The company 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 D&I initiatives. Furthermore, Tokyo Century has established a system and an environment to improve its employees’ productivity by promoting diverse and flexible workstyles to suit the needs of each employee, including teleworking, a system of staggered work hours, and the hourly paid leave program.
Tokyo Century will continue cultivating a corporate culture that allows diverse human resources to fully demonstrate their skills and personalities, and building a company where all officers and employees can hone their expertise and experience growth as well as a sense of pride.