Sustainability
Stakeholder Engagement
Multi-Stakeholder Policy
Guided by our management policy of “contributing to the sustainable development of a highly efficient smart society by providing products and services that facilitate digital transformation (DX),” we strive to build trust relationships with our diverse stakeholders, including shareholders, customers, employees, business partners, and local communities, and to achieve sustainable growth and enhance corporate value through appropriate collaboration with multi-stakeholders. Moreover, from the perspective that the appropriate distribution of revenue and results generated through collaborative value creation and productivity improvement to multi-stakeholders will lead to sustainable development of society and the economy, we will promote the following initiatives, with emphasis on the importance of giving back to our employees and consideration for our business partners.
1.Giving back to employees
We are committed to being a company where employees can work with confidence and pride, both materially and morally. To this end, we promote the creation and maintenance of a comfortable working environment for employees, develop professional human resources, improve productivity, and maximize added value in order to achieve sustainable growth and increase corporate value. We will return revenue and results generated by growth to employees in a sustainable manner, not only by raising wages, but also through initiatives that actively invest in human resources such as improving employee engagement and skill development and training, at an appropriate time and in an appropriate manner, taking into consideration our situation and social conditions, thereby leading to our sustainable growth and increase in corporate value.
Specifically, we made changes to our personnel system in FY2019, shifting toward a structure based on the responsibility of each employee, and we transitioned to a remuneration system that is not hindered by age or length of service. In addition, we have introduced measures to motivate employees to improve performance, including performance-linked bonuses and an incentive plan linked to the medium-term management plan. In FY2023, in light of recent price hikes, we increased base salaries and starting salaries for new employees, and undertook initiatives to create a comfortable working environment, including non-wage-related initiatives such as granting additional scheduled days off.
In addition, we work to foster a corporate culture in which each employee is able to improve their performance and work autonomously through the promotion of active participation of diverse human resources and the introduction of flexible work styles such as telework, flextime, and shortened work hours. We also promote human resource development that contributes to maximizing the individual strengths of employees and increasing corporate value by providing level-specific education, management training, compliance trainings, and foreign language training, as well as professional training corresponding to the expertise of each department.
2.Consideration for our business partners
We will continue to adhere to the Declaration of Partnership Building.
- - Date of registration of Declaration of Partnership Building
- [January 31, 2023]
- - URL for Declaration of Partnership Building
- 【https://www.biz-partnership.jp/declaration/22930-09-00-kanagawa.pdf】
March 8, 2024
- Company Name
- TOKYO ELECTRON DEVICE LIMITED
- Position / Name (person with the authority as representative)
- Atsuhi Tokushige, President & Representative Director