Promotion of the Active Participation of Women
Promotion of the Active Participation of Women
SuMi TRUST Group promotes the placement of the right person in the right position in accordance with abilities so that each individual can make the most of their abilities. Employees are promoted to managerial positions based on their capabilites without regard for gender.
We assign its employees to a variety of different positions so that they can take on new challenges and widen their fields of expertise. Through training programs, transfers, and reassignments, we provide all employees with opportunities for growth.
Establishment of numerical targets
The 30 by 2030 Initiative is a call by Keidanren (the Japanese Business Federation) for member companies to move to increase the ratio of female executives to at least 30% by the year 2030. SuMi TRUST Group signed on to the initiative in November 2021, and set a KPI of having women in at least 20% of the section manager, team manager, and higher management roles by March 2025.

SuMi TRUST Group KPI (Key Performance Indicator) (Period:April 1, 2022 - March 31, 2025)
End of September 2024 | Goal | |
---|---|---|
Women in section manager, team manager or higher roles | 19.4% | 20.0% |
SuMi TRUST Bank General Employer Action Plan Commitment (Period: November 1, 2024 - March 31, 2028)
End of October 2024 | Goal | |
---|---|---|
Percentage of women in position of section manager or higher | 22.9% | 26% or above |
Percentage of women in management roles | 32.8% | 34% or above |
SuMi TRUST Bank set above-mentioned goals as an Employers Action Plan based on the Act on Promotion of Women's Participation and Advancement in the Workplace, with the aim of increasing the number of women in decision-making lines.
At the same time, the bank must create an environment where its employees, regardless of sex, can strike a balance between their careers and household duties, including childcare. Therefore, the bank set goals to lift an average of childcare leaves, etc. taken by male employees to 30 days or more and an average of paid leaves taken by its employees in a year to 21 days or more as part of efforts to improve employment practices.
Development of Human Resources with a Focus on Women
Supporting Steady Career Development by Women
SuMi TRUST Bank conducts detailed training sessions for women at turning points in their careers meant to provide them with opportunities to think about their own career development and build networks. Based on lectures by external speakers and senior employees, we offer career design training for employees in their sixth year of employment to think about their mid-and long-term careers autonomously. We also provide opportunities for female employees, whose careers are often susceptible to life events, to share their concerns and design their careers as part of their life planning. In addition, a leadership training course with women directors as lecturers was held for Course A employees who are near promotion to section manager. We are supporting employee growth by helping to eliminate concerns and pressure associated with becoming a manager so that they can develop their own image of a career in management and aim for further improvement.
Pipeline Formulation & Support Executive Program
SuMi TRUST Bank provides a variety of training programs aimed at promoting women to management positions, including the formation of relationship pipelines for systematic growth in each buisness division, seminars for women leaders, and training for self-directed career development. We aim to be "No.1 in Human Resource Development" and "No.1 in Human Resource Activity."
In addition, from last year we introduced the Support Executive Program to provide support for employees gaining experience.
We are also working to broaden the scope of our activities and assign a wide range of employees to positions that enable them to take on new challenges across a diverse range of assignments. We provide opportunities for growth not only through training but also through transfers and reassignments.
Number of employees and new graduates employed by Sumitomo Mitsui Trust & Banking Co.
Total | Of which, women | Of which, males | |
---|---|---|---|
Number of Employees (as of March 31, 2024) | 13,848 persons | 7,955 persons | 5,893 persons |
Number of new graduates hired (FY2024) | 409persons | 205 persons | 204 persons |
Status of female executives and managers of Sumitomo Mitsui Banking Corporation
End of March 2022 | End of March 2023 | End of March 2024 | |
---|---|---|---|
①Officers | 6 persons (8.2%) | 7 persons (8.8%) | 8 persons(10.3%) |
②Women in positions of department director | 15 persons (5.8%) | 14 persons (5.1%) | 17 persons (6.5%) |
③Women in director-level positions | 178 persons (14.5%) | 188 persons (15.1%) | 212 persons (17.0%) |
④Women (② + ③) in line positions above section chief | 193 persons (13.0%) | 202 persons (13.3%) | 229 persons (15.2%) |
⑤Women in management duties | 1,792 persons (28.3%) | 1,963 persons (30.0%) | 2,105 persons (31.6%) |
※Female ratio is shown in parentheses ① includes executive officers, and ⑤ includes female managers at the unit chief level and above.
Use of External Networks and Dialogue With Executives
We dispatch employees to joint events with other companies as opportunities to broaden their perspectives through cross-industry exchanges and to help them objectively reevaluate their careers.
We are taking a bottom-up approach to the promotion of women's involvement in the workplace and in addition to company-sponsored events and training programs, our branch offices are also taking action in such forms as holding events with women employees at client companies and providing opportunities for staff to consider their own careers.
Furthermore, executives are actively involved in the training of women employees, and hold executive seminars to communicate management perspectives and expectations of women employees through direct dialogue. Some executive seminars are designed to make it easier for women employees taking care of children to participate by holding the sessions during lunchtime. We provide a variety of opportunities to help women employees grow in their careers.
Training for Executives and Managers
In order to change the awareness of management, which is the key to creating an environment in which women can play an active role, SuMi TRUST Bank incorporates the topics of unconscious bias and women's health issues into its manager training programs.
Provides opportunities for young employees, female managers from Group companies,and outside experts with experience in diversity promotion at other companies to make proposals on women's careers from their own perspectives. Through these and other means, the committee is working to deepen the understanding of ⅾiversity, equity and inclusion among executives.
