Human Resource Development
Create Opportunities for Diverse Human Resources in Our Workforce
Mitsubishi Estate Group believes that human resources are a very important management asset and recognizes that employee growth is essential to the Group's own continued growth. We believe that securing diverse personnel is an essential element in achieving high-level management of real estate funds, and creating new company values, We are recruiting a wide range of talented personnel by employing skills as well as potential. In addition, in order to maximize the capabilities of each employee, we have created opportunities to communicate with each employee regarding job satisfaction and confirm career plans so that employees enable them to thrive.
Appropriate evaluation
MJIA has introduced a ”Management by Objective (MBO)” for all employees in order to encourage individuals skills/career development. At the beginning of the year, employees set a specific goal through interviews with the personnel evaluator. Interviews are then conducted to provide employeesʼ their feedbacks on progress and evaluation during and at the end of the period.
Developing Human Resources
MJIA believes employee development to be essential for sustainable growth of the company. Therefore, we not only hire human resources with a certain level of experience and skills but also actively recruit relatively inexperienced human resources in their 20s to early-30s and provide training to equip them with a wide range of expertise and skills.
■ Talent Development Data
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Training hours per employee | 34.1 hours | 25.1 hours | 28.1 hours |
| Training expenses per employee | 21,285 yen | 47,739 yen |
■ Examples of training programs
＜All employee training program＞
・Internal control system for financial instruments business operator
・Harassment prevention
・Insider trading prevention
・Fraud and misconduct
・Information security management and Cyber Security
・Sustainability
・diversity and inclusion
・Internal Audit Training (including Ethical Standards)
＜Level-specific Training＞
・New employee training
・New manager training / Ongoing manager training
・Generational career design training
・Market risks (real estate investment and rental market)
＜Expertise and Business skills＞
・PC skills
・Business English
・Business skills
・e-leaning (selective Training)
Support career enrichment, qualifications and licenses
In addition to the provision of programs outlined above, we also encourage all employees to boost their professional knowledge and skills via self-help efforts. Based on this policy, we subsidize part of the costs required to obtain and maintain professional qualifications that assist employees in improving their real estate asset management practices. Examples of such qualifications include the Association for Real Estate Securitization (ARES) Certified Master, Certified Building Administrator, Real Estate Transaction Specialist, Certified Real Estate Consultant and Real Estate Appraiser. All permanent employees who wish to obtain a qualification are eligible for a subsidy.
Status on qualifications and licenses is as follows:
https://www.mecinvest.com/en/sustainability/employee.html
Acceptance of External Human Resources (Utilizing Specialist Skills)
MJIA continually host junior employees (with fewer than ten yearsʼ experience) seconded from our sponsor who regularly recruits new graduates. By creating a well-balanced, diverse workforce consisting of both young and experienced professionals, we ensure that our specialized knowledge and skills in real estate asset management are shared and passed on within the company, thereby enhancing the sustainability of the organization as a whole.
The staff members including new graduates seconded from our sponsor are eligible for highly specialized training opportunities provided by each person original employer (sponsor) under its position-based, systematic human resources development programs. As some of these programs are also available to our employees; we encourage all of them to take advantage of such educational opportunities.
For more details on our sponsor's training programs, please refer to the following website:
＜Mitsubishi Estate＞
https://mec.disclosure.site/e/sustainability/activities/social/human-resource/
Furthermore, MJIA accepts outstanding human resources with experience and expertise in real estate investment and real estate management from the Group companies. We also accept attorneys and real estate appraisers with high expertise in various legal systems and real estate valuation. We aim to maximize our operational performance by fully utilizing such external human resources.