Labor Relations

Basic Approach

The Olympus Group values protection of the rights of individual employees in order to offer better value to society. We implement appropriate measures based on human rights viewpoints and the labor and employment laws of each country.
The Olympus Group Human Rights Policy supports respect for the rights of the worker as set out in the ILO Declaration on Fundamental Principles and Rights at Work and the Group pledges to implement these principles in its companywide management and daily business activities.

Human Rights Policy

Initiatives

Global Employee Engagement Survey for the Improvement of Employee Engagement

We conduct employee engagement survey (Our Core Values survey) to listen to the opinions of employees and achieve a better corporate culture and work environment. The results are shared with management, including regional management, and measures are implemented at various organizational units. From August to September 2021, we conducted our first core values survey in 3 years. It was conducted in 43 countries and regions and 18 languages, with a response rate of 86%. The percentage of employees who responded they understood the core values was 78%, and the percentage of employees who responded that they were positive about engagement was 67%, an improvement from the previous survey. Of the 42 items, 39 showed improvement from the previous survey, indicating that we are making steady progress in our efforts to improve our corporate culture.
In addition, we have defined the corporate culture that the Olympus Group aims to achieve as a “healthy organizational culture.” To achieve this culture, we are addressing issues common to the entire company and issues specific to each region, while at the same time providing and promoting the use of “healthy organizational culture practice tools” that can be implemented at each workplace, site visits by executive officers, optimization of decision-making processes, visualization and follow-up of the current status of employee work-life balance, and enhancement and optimization of global working guidelines.

[Global Guidelines for Improving Work-Life Balance]

  • 1. No email on weekends
  • 2. Limit meetings to 25 or 50 minutes
  • 3. No global meetings on Mondays nor Fridays between the time hours of 8:00 PM and 10:00 PM Japan time.
  • 4. No meeting after 16:00 on Fridays
  • 5. One week per month with No Global Meetings
  • 6. Share the agenda/deck at least 24 hours before the meetings

[Gemba Visit: Site Visits by Executive Officers]

Management visit Factory and R&D to close the gap between management and staff. Management members gain insight into the current situation that is useful for making decisions and a collaborator in leading the company.

Labor-Management Consultations (Japan)

The top management of Olympus provides regular opportunities for labor-management consultations, including twice-annual meetings of the Central Labor-Management Council with the Olympus Labor Union, to discuss the revisions of systems toward the improvement of labor conditions and the realization of more flexible workstyles, the reforms of the corporate culture, and other matters. In FY2024, we continued to share and discuss statuses regarding management measures and organizational culture development as well as initiatives to ensure the appropriate operation and entrenchment of the newly introduced job-based HR system at labor-management consultations.
In addition, we hold Health and Safety Committee meetings at all sites with 50 or more employees to discuss issues to prevent occupational accidents and realize healthy and safe workplaces through the joint efforts of labor and management.
As of March 2024, 4,571 permanent employees (other than those in managerial positions) were members of the labor union. The enrollment rate for all permanent employees, including those in managerial positions, is 68%.