Tag: ANA

Japan’s megabanks lose popularity with Japanese graduate hires

It’s not surprising that Mizuho, one of Japan’s megabanks, has fallen in popularity from the top spot for 2018 new recruits to #17 for those graduates aiming to join in 2019, according to recruitment agency Disco.  As previously blogged, Mizuho’s former president, now chairman, Yasuhiro Sato has been very clear that the bank should lose around 30% of its workforce globally, through greater use of information technology, and yes, AI.  His successor Tatsufumi Sakai shows no signs of reversing this.

The other megabanks have fallen less dramatically out of favour, from #2 to #4 in the case of MUFG (dropping the Tokyo from Bank of Tokyo-Mitsubishi UFJ as of April 1) and from #5 to #14 in the case of Sumitomo Mitsui Banking Corporation.

Japan’s airlines JAL and ANA have stayed in the top 5, at #1 and #3 respectively. Perennial favourites, the trading companies Itochu and Mitsubishi Corp have also gained popularity, up from #7 to #2 and #9 to #6 respectively.

Manufacturers such as Toyota (#5 from #12), Sony (#11 from #31) and Denso (#19 from #33) have become more attractive, as graduates realise that the Internet of Things means traditional companies are now moving into more innovative IT related areas.

Japanese graduates who have studied at foreign universities favour foreign companies operating in Japan such as Procter & Gamble, Google and Amazon, or management consultancies, whereas no foreign owned company is in the top 10 for domestically educated Japanese graduates.

 

 

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Shiseido top the employer rankings for women in Japan for the second year

shiseidoJapanese cosmetics and skincare company Shiseido has topped the 2015 “Companies where women flourish” rankings by the Nikkei Woman magazine.  The metrics used are

  • Proportion of women managers
  • Work/life balance
  • Use of women
  • Equality between men and women

Other companies who  have done well include All Nippon Airways (up from #6 to #3), and Mizuho – unlisted previously, and now at #17.  As always, the life insurance companies do well (they traditionally have used a large number of women in their salesforces) as do non-Japanese companies such as IBM Japan (down from #3 to #6), Janssen (previously unlisted, now #13), Eli Lilly (#18, down from #14) and Accenture (previously unlisted, now #20, bumping Hewlett Packard out of the top 20).

The article that accompanies the rankings points out that in some ways Shiseido has become tougher on the women in its workforce.  Previously there had been a big increase in female beauty consultants/shop assistants working “short shifts” so they could balance childcare with work, but now even those on “short shifts” are expected to take their turn to work on Saturdays or work in the evenings.

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