Employment

Basic Approach and Policy

The Olympus Group published the Olympus Global Code of Conduct to define the ethical standards for the actions that all group members always act in a manner. We place the highest value on "Respectful Behavior." Under the Code of Conduct, we clearly declare that we do not allow harassing behavior or discrimination based on personal characteristics like gender, age, nationality, ethnicity, skin color, political views, sexual orientation, religious beliefs, social background or disability. "Show appreciation for diversity of people, views, and work styles" and "Never discriminate against job candidates or employees" are two examples of "What we do". With these basic codes of conduct fully implemented, we provide all employees with equal opportunities to fulfill their potential and improve their abilities as well as opportunities to work, develop their abilities and gain promotion according to their level of competency.
In April 2019 we introduced a corporate transformation plan Transform Olympus, a global-scale human resources development system that serves as the basis for our global employees to follow our Corporate Philosophy (Our Purpose and Our Core Values), and to encourage each employee to take on ambitious challenges for personal growth. Under our transformation plan, we will assign employees in the most efficient way without regard to nationality or gender to encourage our diverse human resources to work effectively. Especially in Japan, we plan to expand the use of our "job-based" personnel system, starting from Olympus. This allows the company to assess individual employee's performance and reward their achievements in a fairer manner with the conventional Japanese style "membership" personnel system, in which the employee's years of service and age are given greater account in their career assessment. The job-based system should also provide a way for employees to pursue their expertise and aim at further career advancement.

Human Rights Policy

Promotion Structure

In the Olympus Group, the President is ultimately responsible for our strategy for human resources including human resource development and labor management, while the senior executive officer in charge of employment and labor issues implements our group-wide human resource strategy through the functions of the HR division at the headquarters.
We are implementing measures to ensure that we follow labor-related regulations in the various countries in which each subsidiary and division operate in compliance with the Group's human resource strategy to ensure diversity in human resources for optimal business management.
Olympus and its Japan subsidiaries are sometimes located in one facility. Each facility has its own general manager to ensure comprehensive implementation of policies and measures involving personnel and labor issues.

Organization of Human Resource Strategy Promotion (Olympus and its Japan subsidiaries)

Organization of Human Resource Strategy Promotion (Olympus and its Japan subsidiaries)/President・Director in charge of personnel and labor issues/Human Resources Division・Proposes and implements human resource strategies and systems/Facility General Manager・Labor management and other activities at individual facilities/Managers of Business Divisions such as Affiliates and Business Groups

Initiatives

Recruitment in FY2021

Olympus hired 90 employees (only full-time employees) in FY2021, down by 73% over the previous year. Of these, mid-career employees accounted for 37% of the total.
Also, the hiring of women was actively promoted in line with the Act on Promotion of Women's Participation and Advancement in the Workplace, and the percentage of female employees increased by 7.9% to 36.6%.

Employment of People with Disabilities

Olympus works proactively to employ people with disabilities (physical, mental and intellectual). After recruitment, they work in a wide range of fields, including general administration and engineering fields that include manufacturing technology and IT development. Established in April 2009, our special-purpose subsidiary* Olympus Support Mate is now in its twelfth year of the foundation and hires essentially persons with intellectual disabilities. We have created working environments and working conditions that are appropriate both for the nature of each individual's disabilities and the operational requirements required to ensure that they can continue to work there. Following Aomori Olympus and Aizu Olympus, Shirakawa Olympus created a cleaning service group of Olympus Support Mates in April 2021, to provide jobs and fulfilling lives for persons with disabilities in the local communities. We also started an office chair cleaning business to maintain comfortable working environments in our business sites. As of April 2021, eight companies in the Olympus Group achieved a combined employment rate of 2.6%, exceeding the statutory rate of 2.2%. Olympus Terumo Biomaterials employs an athlete who aspire to participate in the Paralympic Games and actively supports their activities.

* Special-purpose subsidiary
A subsidiary approved by the Minister of Health, Labour and Welfare under the provisions of Article 44 of the Act on Employment Promotion, etc., of Persons with Disabilities as an organization that gives special consideration to the employment of people with disabilities and is deemed as one of the business offices of its parent company.

Employment of the Elderly

Olympus and its Japan subsidiaries have a system to continue employing employees who want to work for the Company after reaching the retirement age of 60 until they become 65 years old.
In FY2021, 113 people qualified for the system, and 100% of the employees requesting continued employment were hired accordingly.

Employee-Related Data

Consolidated companies

(As of March 31, 2021)

Name of segment Number of employees (persons)
Endoscopic Solutions Business 14,243 (389)
Therapeutic Solutions Business 7,269 (179)
Scientific Solutions Business 3,551 (169)
Others 608 (30)
Headquarters Administration Department 5,982 (368)
Total 31,653 (1,135)

*1 The number of employees indicates the number of people who are currently employed.

*2 It does not include the number of the employees seconded to a non-group company but contains the number of the employees seconded to a group company. The yearly average number of temporary employees is recorded in parentheses ( ), which is excluded from the number of employees.

*3 Since the Company has transferred the Imaging Business in the fiscal year under review, it is excluded from the segments above.

*4 Since the fiscal year under review, the calculation method of the Headquarters Administration Department has been changed.

*5 The number of employees includes the retirees who utilize career support for external opportunity.

Olympus and its Japan subsidiaries

Number of employees

Olympus
Corporation
Overall Japan
Subsidiaries *1
Number of employees (As of the end of March 2021) (persons) 4,775 8,792
Breakdown Full-time employees Total*5 4,232 6,808
Men Men's total 3,473 4,866
20s and younger 390 1,169
30s 800 1,455
40s 1,025 1,264
50s or older 1,258 978
Women Women's total 759 1,942
20s and younger 132 729
30s 254 632
40s 272 435
50s or older 101 146
Excluding full-time employees Total 543 1,984
Men Men's total 252 1,176
20s and younger 38 229
30s 58 339
40s 73 289
50s or older 83 319
Women Women's total 291 808
20s and younger 31 146
30s 58 280
40s 107 266
50s or older 95 116

Employee composition

Olympus
Corporation
Overall Japan
Subsidiaries*1
Number of senior management Total(persons) 193 141
Breakdown Men 189 141
Women 4 0
Rate of women in senior management for direct divisions(%) 4.3 -
Number of junior management Total(persons) 896 454
Breakdown Men 844 440
Women 52 14
Number of foreign employees Total(persons) 35 17
Breakdown Men 17 10
Women 18 7

Recruitment

Olympus
Corporation
Overall Japan
Subsidiaries*1
Number of newly employed (FY2021) (persons) 53 460
Men 30s and younger 20 233
40s and older 9 11
Women 30s and younger 12 167
40s and older 12 49
Rate of newly employed*2 (%) 1.11 5.23
Breakdown Men 30s and younger 1.56 7.30
40s and older 0.37 0.39
Women 30s and younger 2.53 9.35
40s and older 2.09 5.09
Number of new graduates (persons) 35 -
Percentage of employees with disabilities (As of the end of March 2021)*6 2.63 -
Number of employees with disabilities (persons) 106 187
Number of reemployed retired workers*7 (persons) 289 165

Job retention rate and Number of staff leaving

Olympus
Corporation
Overall Japan
Subsidiaries*1
Job retention rate (Only full-time employees)*3 87.02 89.31
Breakdown Men 88.54 90.86
Women 82.35 87.50
Job retention rate for new graduates*4 (%) 95.63 90.78
Breakdown Number of new graduates (FY2019) (persons) 252 206
Number of those who remain the company as of March 2021. (persons) 241 187
Number of staff leaving (FY2021) (persons) 628 294
Breakdown Of which number of voluntary leavers 275 223
Men 30s and younger 41 84
40s and older 203 75
Women 30s and younger 6 44
40s and older 25 20

Work-Life Integration

Olympus
Corporation
Overall Japan
Subsidiaries*1
Number of employees taking childcare leaves*8 (persons) 124 237
Breakdown Men 29 35
Women 95 202
Work-at-home system users*9 (persons) 4,775 6,007
Breakdown Men 3,725 4,537
Women 1,050 1,470
Average overtime hours (hours/fiscal year) 78.9 71.9
Average number of paid holidays actually taken (days/fiscal year) 11.4 10.4

*1 The following 14 companies: Olympus Medical Science Sales, Nagano Olympus, Aizu Olympus, Aomori Olympus, Shirakawa Olympus, TmediX, Olympus Digital System Design, Olympus Terumo Biomaterials, Olympus Memory Works, Olympus Logitex, Olympus-Supportmate, AVS, Olympus Systems, and Olympus RMS.

*2 Includes both new graduates and midcareer employment.

*3 The percentage of those who remain in the company as of March 31, 2021, out of those employed in FY2019 (including new graduates and mid-career employment).

*4 The percentage of those who remains in the company at March 31, 2021 out of those employed as new graduates in April 2018.

*5 Including on-loan in the Group.

*6 Eight special-purpose subsidiaries (Olympus, Olympus Medical Systems, Olympus Medical Science Sales, Nagano Olympus, Aomori Olympus, Shirakawa Olympus, Aizu Olympus, Olympus- Supportmate)

*7 Number of reemployed retirees.

*8 Taken in FY2021.

*9 Measures to prevent the spread of COVID-19 and work restriction were implemented this fiscal year, and so many employees used the work-at-home system temporarily.

* Figures are for full-time employees unless otherwise stated.