Chosen for the First Time as a Nadeshiko Brand in FY2017
- Acknowledgement as a company that has been outstanding in encouraging the empowerment of women -
As a company that has been outstanding in encouraging the empowerment of women, Furukawa Electric Co., Ltd. was chosen for the Nadeshiko Brand initiative, a joint initiative organized by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE).
Background
The Nadeshiko Brand initiative is a joint initiative organized by METI and TSE to publicize those listed companies that have been outstanding in encouraging the empowerment of women as attractive stocks for investors who place importance on the growth of corporate value over the mid- to long-term. The initiative was launched in FY2012 as a way of promoting investment in selected companies and accelerating these types of initiatives among listed companies.
Selection takes place in two stages based on the rate of participation by women and financial indicators. One to four companies are chosen from each industry.
Details
As a company that has been outstanding in encouraging the empowerment of women, Furukawa Electric was recently chosen for the FY2017 Nadeshiko Brand, a joint initiative organized by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE). This is the first time Furukawa Electric has received Nadeshiko Brand acknowledgement.
Having stated one of our Management Philosophies as ‘Nurturing human resources at every level so that we can become a more diverse and creative organization,’ Furukawa Electric has continued to focus on creating a comfortable working environment for women and promoting work-life balance since FY2005.
Going forward, we will continue to encourage the greater empowerment of women and aim to become a company in which a diverse group of human resources can work energetically, continue to grow, and be proud. Likewise, we will further accelerate our efforts to promote diversity and tackle work style reform.
About Furukawa Electric Group
Furukawa Electric (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then Furukawa Electric has become pioneers in the latest technologies by addressing diverse technological issues. Furukawa Electric has released products in a number of areas, including telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have attained the top global market share, and all of its products have contributed to society in numerous business areas. Furukawa Electric reported consolidated revenues of JPY 843.3 billion (approximately USD 7.8B) for the fiscal year ended March 31, 2017.
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