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Basic Approach MC understands that its employees are its greatest asset. Our basic human resources guideline is to create sound jobs and working environments that maximize the potential and skills of each individual employee and enable him or her to achieve greater value. Our business activities span a large number of countries and regions around the globe, and we respect diverse cultures and regional characteristics while maintaining common, global guidelines and sense of direction. In enhancing our human resources systems and our training programs, we seek to ensure respect for the human rights and labor rights of employees. Human Resources Programs Maximize Skills and Aptitudes In addition to policies on hiring, training, assignment and remuneration, MC has three linked programs to strengthen organizations and cultures and to enhance working environments. These programs form the core of MC's efforts to strengthen and improve our human resources. As a company, we are interested in recruiting and utilizing a wide variety of talent with a wide range of skills, hiring both new graduates and mid-career personnel with suitable expertise and experience. The business operations of MC encompass more than 500 consolidated subsidiaries located both domestically and internationally. We have undergone significant expansion in recent years, and the businesses of our operating companies are taking on even greater importance, making it essential for the company to recruit and train executive personnel able to provide operating companies with the management and internal control that they require. It is from this perspective that we are enhancing our career path programs, launching internal recruiting systems, creating more opportunities for on-the-job training (OJT), including experiences on-site at operating companies, and making better efforts to assign our staff to positions that are suited to their skills and aptitudes. On the salary and benefi ts side, the company's basic policies are to reward performance and to base salaries on the individual's functions and contributions. We also position "contribution to society" high on our list of evaluation items. MC has several programs to strengthen the organizations and cultures that bring together our people from around the world. We instill in our employees the values and philosophies embodied in the Three Corporate Principles and other guidelines and we work to facilitate communication and to improve and enhance our training centers and other infrastructures in order to create environments that allow employees to take full advantage of their abilities. Promoting Worker-Friendly Environments In April 2007, MC made signifi cant enhancements to its programs for maternal welfare and child rearing. Working hours for parents with young children can now be shortened by a maximum of 120 minutes per day rather than 90, and the program is open to parents of children through the end of the 3rd grade , rather than until the 3rd birthday as previously. We also provide subsidies for babysitting expenses and have a childcare contract that provides for daycare service outside the company. Other enhancements include a reemployment system that provides opportunities for employees who resign from their positions, in conjunction with a spouse transfer overseas, to return to work when they come back to Japan. In fiscal 2006, a total of 21 employees took advantage of the child care leave program, and 2 made use of the family care leave program. Equal Opportunity Employment and Anti-Discrimination Measures MC has basic guidelines barring discrimination on the basis of race, religion, gender, nationality, age or physical disability in hiring, promoting and all other aspects of the company's operations. In Japan, training programs and other opportunities are used to educate employees on human rights issues to ensure that they are correctly understood. The company also operates a hotline which employees can turn to for advice. Employee Diversity As a global company, MC works proactively to achieve equal opportunity for its diverse workforce, while also respecting national laws and regulations and remaining sensitive to differences in culture and business environments. In April 2006, we established the Human Resources Development Center in the head offi ce to take the lead in consolidated-level, global human resources development, with particular emphasis on improving the skills and capacities of our international staff and encouraging the introduction of systems and programs that promote human resources development in overseas operations. We have also increased the number of staff appointed to executive posts in our overseas locations. In conjunction with this, the company works actively to assign women and veteran staff to positions of responsibility. The ratio of women in our new graduate full time hires increased from 19.4% in fiscal 2006 to 22.9% in fiscal 2007, and the number of women in management positions is increasing year by year as well with 68 as of April 2007. We endeavor to make full use of the skills and abilities of veteran staff with programs for rehiring employees after they reach mandatory retirement at age 60. Employing Persons with Disabilities Japan has a statutory employment rate of 1.8% for the disabled, and in fiscal 2006 the disabled employment rate at MC was 1.88%. Mitsubishi Shoji & Sun Co., Ltd., established in 1983, has been designated a special subsidiary of MC to provide employment opportunities to the disabled.
MC is committed to helping our employees maintain their physical and mental well-being. In Japan, the head office and Kansai Branch Office have clinics; other locations have arrangements with hospitals to perform regular, annual checkups as well as more extensive annual check-ups for employees aged 40 and older. In addition, all staff assigned to overseas positions and their families are given full checkups before and after their assignments. To promote the mental well-being of our staff, we have established counseling rooms in our locations where professional counselors are available at all times to talk with employees.
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