S/Society

Promoting Diversity

Basic stance

The Nidec Group recognizes diversity as a source of competitiveness. As we conduct business globally, we respect and embrace the differences among individuals and utilize those differences to the maximum extent to effectively respond to a rapidly changing business environment and customer needs. If we do not respond to promoting diversity, even talented and motivated individuals may not be able to make the most of their abilities and values, and this could hinder creative business activities. In addition, the risk of prejudice, discrimination and harassment occurring will increase, and we can expect to see an increase in employee turnover as a result.
People from diverse backgrounds work at the Nidec Group, which has development, production, sales, and research bases all around the world. In addition to hiring talented and motivated individuals regardless of their personal attributes and values, we are working to develop and promote human resources and create a work environment in order to allow the organization and individual employees to demonstrate their potential to the fullest. In addition, we are working to refine our Nidec Principles, which we have cherished since our founding, in line with the times and instill them in all of our employees. At the same time, we are promoting initiatives to foster a sense of unity (alignment of vectors) among employees within the diversity that we should aim for as an organization.

Employee Breakdown by Region

Target

Materiality

Materiality

Our achievements

Diversity-related indexes

Item FY2021 FY2022 FY2023
Percentage of women in the workforce (Consolidated) % 49.1 48.2 47.0
Percentage of women in managerial positions* (Consolidated) % 28.2 27.2 23.9
Number of employees (Non-consolidated) Overall Person 2,568 2,511 2,176
Male Person 2,039 2,011 1,754
Female Person 529 500 422
Percentage of women in the workforce (Non-consolidated) % 20.6 19.9 19.4
Number of female managerial employees (Non-consolidated) Person 33 37 41
Ratio of female managerial employees (Non-consolidated) % 5.7 6.2 7.0
Number of female officers (Non-consolidated) Person 3 4 6
Ratio of female officers in the workforce (Non-consolidated) % 7.9 10.0 15.0
Employment ratio of people with disabilities (Non-consolidated) % 2.24 2.40 2.28
Average age (Non-consolidated) Age 38.7 39.2 40.0
Number of new graduates hired (Nidec Group companies in Japan) Overall Person 278 127 143
Male Person 240 104 116
Female Person 38 23 27
Number of new graduates hired (Non-consolidated) Overall Person 174 71 46
Number of new graduates hired (Non-consolidated) Overall Person 235 105 82
Male Person 210 99 70
Female Person 25 6 12
Ratio of female employees among the newly hired employees (Non-consolidated) % 10.6 5.7 14.6
Number of those who take maternity leave (Non-consolidated) Person 24 22 22
Number and ratio of employees who have taken a childcare leave (Non-consolidated) Overall Person 25 68
(46)
43
(44.8)
Female Person
(%)
17
(100)
48
(100)
19
(100)
Male Person
(%)
8
(9.0)
20
(19.8)
24
(31.2)
Ratio of those who returned to work after childcare leave (Non-consolidated) % 100.0 96.0 92.5
Number of those on a short-time work system (Non-consolidated) Person 115 86 96

*All levels of management, including junior, middle and senior level management and outside board directors.
Junior management:Employees falling under either of the following supervisory roles, or those with a similar level of responsibility:
(A) typically responsible for directing and executing the day-to-day operational objectives of organizations, conveying the directions of higher level officials and managers to subordinate personnel.
(B) supervise around 10 full-time employees and/or perform supervisory functions where judgment is exercised in at least two small operational teams/groups.

Systems and actions

Promoting Diversity & Inclusion

Nidec has been promoting diversity since 2005, placing diversity as one of its important management policies. Nidec has launched an organization to promote diversity and inclusion (“D&I”) within HR Department to proactively place stronger focus on "reducing gender difference" in career development, not to mention "striking an appropriate work-life balance," and strengthen the Nidec Group’s systems, education, and work environment for both male and female employees to utilize their talent to the full extent. The organization’s actions led to an increase in the number of female managerial employees and candidates to managerial positions, and more male employees participating in child-rearing. These improvements resulted in positive evaluations by external organizations, such as the acquisition of a three-star Eruboshi status and the company being selected as a Nadeshiko brand in march 2022. We continue to promote the creation of a company where each and every employee can work comfortably and actively.

*Nidec endorses the declaration by the “Association of Male Leaders who Promote Women to Shine,” which is supported by the Japanese government's Cabinet Office.

Evaluation of Nidec on its promotion of empowering women

Eruboshi (L Star) certification (level 3)
in August 2018

Nadeshiko brand for FY2018
in March 2019

Semi-Nadeshiko for FY2020
in March 2021

Nadeshiko brand for FY2021
in March 2022

*Eruboshi certification: A certification by Japan's Ministry of Health, Labour and Welfare for companies with an excellent track record of activities and status to promote the empowering of women.

*Nadeshiko brand: A brand given by Japan's Ministry of Economy, Trade and Industry and Tokyo Stock Exchange to companies with an excellent track record of empowering women.

*Semi-Nadeshiko status: A status given to companies, jointly selected and announced by Japan’s Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange, as those equivalent to Nadeshiko-brand companies

Organizational Performance Survey

To achieve the empowerment of women, it is important to create a work environment that allows the organization and individual employees to demonstrate their potential to the fullest. To this end, we have been promoting organizational development with the aim of stimulating relationships among employees and improving the performance of each workplace and eventually of the entire organization. Based on the results of an organization performance survey aimed to visualize the state of individual workplaces, we launched a workplace workshop in FY2021 to promote an open and honest dialogue at the workplaces. This is how we nurture a corporate culture and build an organization where people can make vision-based decisions while respecting diverse opinions of others.
In addition, as values regarding careers become more diverse, we have been strengthening our support for employees’ autonomous career development through various initiatives, such as career interviews, Career Plan Sheet, and in-house job posting. In order to conduct fixed-point monitoring of the effectiveness of our efforts, we have incorporated items related to career awareness into the Organizational Performance Survey. Through these initiatives, we aim to achieve sustainable corporate growth centered on the organization and people that support the Nidec Group.

Results of the Organizational Performance Survey (excerpts of sections on employees’ career consciousness)

FY2021 FY2022 FY2023 FY2025
target
Career
consciousness
44.7% 50.2% 50.4% 55%

*Career consciousness: The rate of employees who responded, “Agree” or “Somewhat agree” (among five different options) to the question, “Do you have a future direction of your career?” in the annual organizational performance survey on employees’ career consciousness

Support for building a good work-life balance

Nidec Corporation, a company that respects the diversity of human resources, is creating a work environment where all employees can demonstrate their skills and abilities to the maximum extent by having in place the following systems to support employees’ work-life balance:

Work-life balance and career-building support by Nidec Corporation

System Description
Childcare leave An employee can take the leave until the day before his/her child’s first birth day; however, if any special reason exists, the time limit can be extended until April 30 of the year when the child turns 3.
Flexible work hours for childcare and nursing purposes An employee can have flexible work hours so long as the employee works for at least 6 hours day. This system applies to an employee until his/her child becomes a third-grade student at an elementary school.
Home working The system, which contributes to productivity improvement, effective use of limited time, and employees’ career building, is available for those who work from home as well.
Staggered work shifts Employees can move their daily eight-hour work slot up and down the company’s work schedule based on a plan.
Paid days off for prenatal checkup An employee in/after Week 12 of pregnancy can take paid half a day off for each prenatal checkup.
Comeback system Those who left the company for a certain reason can apply for re-employment up to six years after their departure.
Spouse transfer leave system An employee who needs to accompany his/her spouse being transferred (in Japan or overseas) can be on a leave for up to three years.
A Return-to-Work Support Program Nidec introduced a return-to-work support program (by setting up a point of contact to support a female employee throughout her pregnancy until she returns to work, and another point of contact to help a female employee to return to work). In addition, the company interviews a female employee before she returns to work to see the style she wishes to work with to ensure a smooth return to work.
Sick/injured child care leave An employee can take up to 5 days a year per child in units of an hour (limited to 10 days for an employee with multiple children in the relevant age-range) until the child becomes a third-grade student at an elementary school.
Nursing care leave An employee can take up to 5 paid days off per family member in units of an hour (limited to 10 days for an employee with multiple family members in need of nursing care).
Paid days off in units of an hour or half a day An employee can take paid time off in units of an hour or half a day.
Partial payment for childcare fees The company provides an employee with an ancillary allowance for using a non-registered childcare facility for up to two years before the child enters school.
Baby sitting and other support services Employees can utilize baby-sitting, nursing, and other services (provided by an outside company), while being able to purchasing childcare and nursing goods at a discount rate, and to using consultation services.
The fertility treatment leave system Under this system, Nidec employees undergoing fertility treatment or their spouses can take up to 10 paid days off (minimum unit: half a day) per year for visiting a hospital for the treatment.

Introducing a disaster volunteer vacation system

We introduced a disaster volunteer vacation system in FY2013 so that employees can participate in volunteer activities during an earthquake, flooding, or other disasters.

Management-employee interactions

The company offers a variety of opportunities, such as a luncheon with an executive, and seminars where regular employees can hear directly from the company’s management or express their opinions freely to the management.
In an internal seminar, the company’s top executives explain their own thoughts and the company’s future directions to employees, while answering their questions in person, keeping their distance as business leaders whilst keeping employees close, and placing an emphasis on transparency in the company as we all move, united, in the same direction. In FY2024, we promptly set up chances for employees to communicate (speak) with M. Kishida, then newly appointed President, to nurture a sense of organizational unity based on two-way communications between the company’s management and employees.

HR town hall meeting

Since FY2021, as part of employee-focused measures in Japan, the company’s human resources managers visit business bases to hold HR town hall meetings, educating employees on human resources measures and collecting their opinions, etc.

Employee Satisfaction Improvement Committee

A gathering is held at each business site monthly between senior members of the Employees’ Association (Shimboku-kai), which represents employees, and the company’s management, while an Employee Satisfaction Improvement Committee meeting is held twice a year. In the committee meetings, the company delivers important information on its business policies to the Employees’ Association, which, on the other hand, makes suggestions to the company on improving its systems and measures, to promote better communications between the company and its employees.

Roles of the Employees’ Association

The Employees’ Association (Shimboku-kai) is an organization representing Nidec employees aimed, among others, to promote their mutual friendship, improve their working conditions and environment, elevate their cultural positions, and enhance welfare services for them, to contribute to Nidec’s performance improvement. The association is headquartered in the company’s head office, with branch offices at individual business sites. Specifically, the Employees’ Association provides the company with employees’ requests on, for example, work environment, welfare program, and promotion of diversity for improvement, while planning and holding events to promote friendship among employees.

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