CSR | Society | Human capitalHealth and Safety of Employees

Approach and Policies

The Nomura Real Estate Group is aware that the physical and mental health and safety of employees are essential for a company’s business to grow continuously and sustainably.Based on this understanding, we made “working with enthusiasm and achieving wellness” a part of the “What We Value” Nomura Real Estate Group Action Guideline, and we undertake Wellness Management so that all employees can perform their work in good physical and mental health and with enthusiasm.
In addition, the Nomura Real Estate Group Code of Action provides that the Group will “strive to maintain and improve sound and pleasant workplace environment.” Accordingly, we implement comprehensive health and safety management, take measures to prevent overworking and occupational accidents, and take other action to establish workplace environments that ensure employee mental and physical health and safety, and engage in communications to raise awareness and educate employees.

Group Policy on Wellness Management

The Nomura Real Estate Group pursues Wellness Management so that every officer and employee can perform his or her work in good physical and mental health and with enthusiasm, leading to sustainable corporate growth.
Top management continuously disseminates information regarding the above policy and works to raise understanding and steadily put the policy into practice.

Management

Management Structure

The Nomura Real Estate Holdings officer responsible for the Group Human Resources Department has been put in charge of this issue for the Group and carries out measures relating to employee health and safety.In July 2018, the Wellness Promotion Section was established in the Nomura Real Estate Holdings Group Human Resources Department. The Department works to reinforce measures for ensuring the health and safety of employees.
In addition, the CSR Committee, which comprises Nomura Real Estate Holdings and Group company directors and others and is chaired by the Nomura Real Estate Holdings executive vice president, deliberates on and decides related policies and action plans.
Starting in fiscal 2018, targets were set regarding employee health and safety, and the Committee is monitoring progress.

Targets

The Group has set the following four targets regarding employee health and safety.

  • Prevent overwork
  • Encourage employees to take paid vacation time
  • Implement comprehensive health management covering the physical and mental health of employees
  • Prevent industrial accidents

Health and Safety Improvements by Management

The officers responsible for human resources divisions at each Group company create opportunities for dialogue with employees and take measures to improve workplace environments.
In fiscal 2018, the Nomura Real Estate Holdings president and vice president held some 40 meetings with employees to discuss reducing working hours, raising productivity, and helping employees achieve a good work-life balance.

Management of Statutory Overtime Work

Each month, the Nomura Real Estate Holdings Board of Directors receives reports on and confirms the status of compliance with Article 36 agreements (agreements made pursuant to Article 36 of the Labor Standards Act regarding overtime work and work on rest days) of each Group company.
In addition, the Nomura Real Estate Development Board of Directors receives reports on working hours and the status of employees taking paid vacation time in each division and shares information on related issues each month.

Health and Safety Risk Management

The Group endeavors to identify issues relating to employee health and safety in advance.
Nomura Real Estate Development holds wellness conferences once every three months. The heads of divisions and departments who are supervisors share information regarding employees who require health care with the responsible officers and officer responsible for the Human Resources Division.In addition, the responsible officers take measures to determine the health and safety status of the heads of divisions and departments who are supervisors and share information regarding issues with the Human Resources Division.

Improving Health Management

The Group requires employees to undergo thorough medical examinations and checkups, and established a physical and mental health consultation hotline within the Health Consultation Office, which is staffed by full-time physicians and nurses, to provide access to outside specialists for consultations. The Group takes measures to support the good physical and mental health of its employees.
In fiscal 2017, the rate of employees undergoing medical examinations and checkups was 100%.

Prevent Overwork

As a part of the work style reforms that the Group initiated in fiscal 2017, we are implementing a variety of programs intended to prevent overwork by employees.

Main Measures】
  • Working hours made visible
  • No overtime days created
  • Quitting time declaration program
  • PCs turned off at 8 p.m.
  • Various measures to encourage employees to take vacation time such as allowing employees to take the day off on their birthdays

In addition, employees who work more than a certain number of hours in a single month are required to check their physical condition using a Cumulative Fatigue Self-Diagnosis Checklist and provide feedback to a supervisor. Other measures are also taken to ensure good health such as meeting with an industrial physician.

Performance

Promotion Measures

Fiscal 2017 performance against the set targets was as set forth below.

* Unless otherwise indicated, the scope of reporting is the Group.

Prevent overwork
Items FY 2016 FY 2017
Average statutory overtime work (hours/month)*1 24.46 19.66
Encourage employees to take paid vacation time
Items FY 2016 FY 2017
Paid vacation time use rate (%)*2 58.62 59.55
Implement comprehensive health management covering the physical and mental health of employees
Items FY 2016 FY 2017
Checkup and medical examination rate (%)*1 100 100
Prevent industrial accidents
Items FY 2016 FY 2017
Number of employee occupational accidents resulting in death*1 0 1
Absentee rate (%)*1 - 0.38

*1 Not including Nomura Real Estate Asia Pte. Ltd., Nomura Real Estate Hong Kong Limited, and Nomura Real Estate Consulting (Beijing) Co., Ltd.
*2 Nomura Real Estate Development results

Responses to Incidents

On December 25, 2017, the Nomura Real Estate Development Head Office and four regional offices (Kansai Branch, Nagoya Branch, Sendai Branch, and Fukuoka Branch) received a recommendation for corrective action and guidance from the Labor Standards Inspection Offices with jurisdiction regarding the discretionary work system for planning work that applied to some employees.
We take this matter extremely seriously and are conducting comprehensive labor-management and taking measures to improve workplace environments so that this type of incident does not occur again.

For further details, refer to Appropriate Labor Management and Measures for Improving Workplace Environments.