Employee data (as of Feb. 20, 2012)
We have been putting efforts into the nuturing of female managers for some time. As of February 20, 2012, two women have been appointed general managers of each shopping mall with the ratio of women as operation managers / sales managers up to 18% in Japan.
Knowledge and procedures necessary for pregnancy and bringing up children were summarized in a guidebook, and applications were simplified to aid easy understanding. With these efforts, we were certified by the Labor Office of Chiba Prefecture as an employer who nurtures the next generation of employees.
We at our company are making progress through various approaches in order for the employees to successfully combine their work and family roles. Regarding child-raising support, we have drawn up an action plan based on the Act on Advancement of Measures to Support Raising Next-Generation Children, and have been certified as being an employer for next generation education by the Labor Office of Chiba Prefecture.
For employees taking care of family members, we have also set up a system where transfers do not occur for a certain period of time so that they can work to match the situations of the family.
We have progressed with improvements in transparency of the improvement of the educational system and setting and evaluation of the objectives so that the employees can be promoted according to career plans. We have adopted a system in which the way is opened for higher positions, following the conclusion of promotion examinations held every year.
Our company's management speed is accelerating every year. Though I am in agreement with the vision of growth opening shopping malls in Asia as an axis, each and every one is holding different problems and conditions as those who actually work are "People".
With concerned voices being raised with regards to the rapid change in environment, I have decided to raise the theme of "Cementing the foundations" this year. We are holding communication with union members who live in Japan and overseas and with union members being sent to other companies to grasp the problems held by each one of the members, and we ask the company to improve these problems as management issues. In addtion, aiming to become a company where women can comfortably continue to work with, labor and management are working together to set up an expert committee in the summer of 2012.
We believe that fulfilling our responsibilities toward stakeholders including the customers, local community, clients, shareholders and employees will lead to improving of our corporate value over a long and stable term, and we are seeking further improvements of our corporate governance system with further progress in improving the transparency and efficiency of management together with the strengthening of compliance and risk management.
For the recording of each director's decision-making, after creating the approval form and the minutes of all meetings according to the company's regulations, each executive director of the proposing department appropriately stores or manages these documents. The board of directors' meeting is held on a monthly basis, and temporarily when the need soarises .
Regarding decisions approved by the president or higher, which may lead to significant risks in our company, the president will approve or the board of directors will make a decision upon discussions from various perspectives by setting up the management meet ing consisting of core members of any director above the rank of managing director and full-time auditors upon discussions from various perspectives.
As the internal auditing division of the company, our company has set up the Management Auditing Department under direct control of the president. The Management Auditing Department performs business operations audits on each division of the entire company, and is responsible for ensuring function of the internal control together with verifying its effectiveness. Audit results are reported each time to the president with periodic reporting performed to the management meeting and auditors.
In the event of a director finding a fact that influences our business or actual results out of matters that influence our business or performance, violations of the law and compliance-related problems, the said director shall immediately report so to the board of company auditors. Two of four auditors shall be independent members of the board who have no conflict of interest in terms of profitability with ordinary stockholders, and these auditors shall prioritize over other items and deal speedily and honestly with any report request concerning the execution status of operations from the auditors to the directors.
For business risks such as disasters, the environment and compliance, we formulate a risk management policy by conducting a thorough review of our risks through the establishment of a risk management committee as a risk management body on a companywide level at the same time as a lower organization to the management meeting, and by understanding the risk management situation, exchanging information, and conducting continuous review of risk management system.
Based on this policy, regulations and guidelines are created by each risk management responsible department as defined in the "Division of Duties Regulations", and periodic review is performed. In making thiese common knowledge, efforts shall be made to ensure all employees are aware through the use of electronic notice boards together with performing education through company training.
Upon occurrence of an urgent and serious loss, appropriate information conveyance and decision making are performed based on the "Management Crisis Control Regulations" to minimize the damage.
From the perspective of a thorough compl iance management and the defence of the company, we acknowlede that dealing with and eliminating any unreasonable demands with an uncompromising attitude without having relations with antisocial forces are corporate responsibilities in society.
In the unlikely event that such an unreasonable demand occurs by antisocial forces, we deal with it not on a personal basis but on an organizational basis including measures of civil and criminal law while building a close connection with external specialists and investigational organizations.
Additionally, in becoming a member of the "Foundation for Chiba Prefectural Conference on Banning Criminal Syndicates", we closely work together with the police and the crime prevention association in peacetime to share information concerning antisocial forces and for intra-company enlightenment activities.