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Creating a Safe, Comfortable Workplace

Creating a Comfortable Work Environment

At Mizuho, we make every effort to ensure a comfortable and safe work environment where employees' rights are respected. To establish a relationship of mutual trust between the company and our employees, Mizuho promotes ample communication between management and employees, and endeavors to create workplaces where employees are highly motivated.

In addition, Mizuho defines Human Resources Risk as the risk of losses due to employee turnover or lowered morale. To deal with this form of risk, Mizuho has an ongoing initiative to enhance management methods and conducts monitoring to identify and reduce human capital risk, such as via staff surveys.

Workplace Safety and Health

As part of our commitment to creating safe and healthy workplaces in compliance with occupational health and safety legislation, we strive to improve the safety and health of our employees through various medical checkups, health management programs under the direction of industrial physicians and other specialists, and the work of the Health Committee.

Principal Initiatives

  • Establishment of company medical centers staffed with full–time industrial physicians.
  • Provision of annual health checks1, and health advice from industrial physicians for all employees.
  • Thorough promotion of preventive measures for all employees2 and their families for influenza and other communicable diseases, as well as measures to be taken in the case of infection.
  • Distribution of the Mizuho Health Insurance Society newsletter to all employees.
  • Discussions at Health Committee meetings between representatives of management and workers of ways to improve workers' health, including prevention of overwork.
  • Continual improvement to the work environment by measuring office lighting, air quality, temperature, humidity and other elements more than twice a year.
  1. 1.Annual health checks are provided to all employees, including part–time workers.
  2. 2.Costs are subsidized for all employees, including part–time workers.

Certified by the Health & Productivity Management Organization Recognition Program (Large Enterprise Category)

Four core group companies–Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, and Mizuho Information & Research Institute–were recognized in 2017 under Japan's Ministry of Economy, Trade and Industry's Certified Health & Productivity Management Organization Recognition Program – White 500 Category. This program recognizes organizations that take a management approach to monitoring employee health and strategically practice this approach.

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Numbers of Work–Related Accidents
  FY2013 FY2014 FY2015 FY2016
Work–related accidents [resulting in absences] 128 [4] 110 [4] 109 [7] 114 [5]
Commuting–related accidents [resulting in absences] 104 [11] 113 [13] 105 [5] 97 [5]
  • Data compiled for the Mizuho Financial Group (including employees on loan to Mizuho Securities), Mizuho Bank, Mizuho Trust & Banking, and Mizuho Information & Research Institute.
  • No accidents resulted in death.

Initiatives to Safeguard and Improve Employees' Mental Health

Mizuho recognizes mental health as an important pillar of employee health–care management and has adopted various measures accordingly. We have been providing employees with self–care tools to check their own stress levels since before the introduction of the stress check requirement following reforms to Japan's Industrial Safety and Health Act. Alongside this, managers are given awareness–raising training*, while industrial physicians and other occupational health–care staff provide local guidance and other support on an ongoing basis. We have also set up a consultation system that employees can access easily, establishing advice services where employees can talk to expert counselors about their concerns and anxieties.

  • *In FY2014, we conducted training for a total of 1,156 persons (total for Mizuho Financial Group, including employees loaned to Mizuho Securities; Mizuho Bank; Mizuho Trust & Banking; and Mizuho Information & Research Institute).

Maintaining a Sound Relationship between the Company and Its Employees

The Mizuho Financial Group Employees' Union operates under a union shop system and is active within Mizuho Financial Group, Mizuho Bank, and Mizuho Trust & Banking. (Mizuho Securities has its own union, the Mizuho Securities Employee Union, which also operates on a union shop basis and is active within Mizuho Securities.)

Mizuho aims to build and maintain sound work relationships with its employees. These relationships are based on mutual respect between the company and employee unions, as well as rigorous debate on a variety of topics. This aids in improving working conditions for employees, in addition to ensuring our sustainable growth as an organization. Mizuho also conducts its business in strict compliance with local labor laws and regulations in all of the countries it operates.

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The Mizuho Financial Group Employees' Union
  Units FY2014 FY2015 FY2016
Proportion of employees in the union Percent 76.6 75.4 73.8
Number of Management Council and Central Labor Council meetings held No. of times 82 37 74
  • *Number of Management and Central Labor Council meetings held are totals for these 3 companies: Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking

Management Council

The council meets to exchange opinions on management policy and business results, and to solve problems in the case of disputes or potential disputes.

Central Labor Council

The council meets to discuss the revision of employees' work conditions such as work hours, salary and bonuses, benefits, and revisions to HR systems, labor contracts, and office regulations.

Workplace Council

The council meets to discuss each workplace's work conditions and other topics such as welfare benefits.

Staff Survey

Each group company annually assesses employee morale and views by carrying out a survey which includes questions regarding the level of respondents' job satisfaction and pride in being a Mizuho employee.

Employee Satisfaction
  FY2013 FY2014 FY2015 FY2016
Job satisfaction 3.7 3.7 3.7 3.7
Pride in being a Mizuho employee 3.7 3.7 3.7 3.8
  • Scope: Mizuho Financial Group, Mizuho Bank, Mizuho Trust & Banking, Mizuho Securities, and Mizuho Information & Research Institute
    Note: Figures represent group–wide averages of responses on a scale of 1 (low) to 5 (high).

Employee Stock Ownership Plan

To provide incentives for increasing the Mizuho Group's corporate value and as part of activities to support employee initiatives to build their assets in the medium–to–long term, Mizuho has introduced its employee stock ownership plan for all the personnel of MHFG, MHBK, MHTB, and MHRI.