Communications with Employees

Dialogue Meetings with the President

Dialogue meetings that employees can freely take part in are held in an effort to deepen communication through two-way discussions between employees and the ITOCHU president.
Although Company-wide Employee Meetings have been held since 2001, from this fiscal year the meetings were divided into three sessions in an effort to deepen dialogue. At the dialogue meetings, the president himself can directly share his passion around management policies and their realization with employees. At the same time, employees can share their opinions and any questions they may have directly with the president. As such, these meetings are extremely valuable opportunities for two-way communication.
The dialogue meeting for fiscal 2012 took place in August. The meeting was an exceptionally lively one, and touched on everything from management policies to more personal topics.

Enactment of Engagement Survey for Employees

ITOCHU continuously surveys the level of engagement present among employees. In fiscal 2011, we conducted a survey targeting all employees, including those on assignment overseas, with the goal of assessing motivation, satisfaction, and engagement^(*), and utilizing survey results in a range of measures designed to improve employee engagement and corporate value.

* Engagement: The degree to which employees, with a strong desire to contribute to ITOCHU, can of their own initiative optimally capitalize on their own abilities.

Dialogue with the Labor Union

At ITOCHU Corporation, a wide range of issues is discussed with the labor union in order to realize our corporate mission, “Committed to the Global Good.” In fiscal 2011, we held a number of meetings, including management meetings with the President and similar meetings with Division Companies. Through opportunities of this kind, labor and management enter repeated and active discussions to build up a healthy relationship that enables both sides to recognize and share challenges currently facing them and to study and implement improvement measures.

Ratio of labor union members in April 2011

Initiatives with the Labor Union in fiscal 2011

Apr. 2010	Chemicals, Forest Products & General Merchandise Company management meeting
June 2010	Settlement of accountings meeting
July 2010	Management meeting with the President
August 2010	ICT, Aerospace & Electronics Company management meeting
October 2010	Headquarters management meeting
December 2010	Meetings to discuss branches and offices in Japan
December 2010	Energy, Metals & Minerals Company management meeting
February 2011	Management meeting with the President

Comments from the Labor Union President

Satoshi MorikawaPresident, ITOCHU Labor Union

The ITOCHU Labor Union is involved in a host of measures designed to realize working environments that allow one of the Company’s key stakeholder groups, its employees, to be more enthusiastic and motivated, and bring their individual abilities to the fore. As a labor union, we hope to contribute to CSR activities through active dialogue with ITOCHU, based on input gathered from a wide array of frontline operations.

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