MENU

Materiality
Promoting and respecting diversity

Basic Concepts

Mizuno believes that further advancing diversity is essential as a foundation for the Groupʼs growth strategy. We recognize that when each employee is able to express their individuality and demonstrate their abilities while growing together in a culture of mutual respect, it becomes a powerful driving force behind organizational and corporate success.
We aim to be a company where employees can actively manage both their work and personal lives according to their life stages, take pride in their roles, and work with vitality and purpose.
To further evolve and accelerate diversity as a company-wide management strategy, the Global Human Resources and General Affairs Department plays a central role in formulating overall policies and planning specific initiatives. These plans are shared with the Sustainability Operations Council to help address company-wide challenges.

Diversity Promotion Structure

figure

Promoting Women's Empowerment

Mizuno is committed to empowering women in the workplace by supporting employees who are motivated and capable. We are enhancing both the tangible and intangible aspects of our work environment—such as career development programs, workplace culture reform, and systems that support diverse workstyles.
To raise awareness and foster growth among female employees, we are implementing initiatives including selective in-house training, career development interviews, and participation in joint forums for female managers with other companies. Our goal is to increase the ratio of female managers to 10% by the end of fiscal year 2025.
In fiscal year 2024, we implemented the following initiatives.

Initiatives to Increase the Ratio of Female Employees

In fiscal year 2024, Mizuno hired 26 women out of 52 new graduates[*d].
Including mid-career hires, the percentage of female regular employees hired in FY2024 was 39%[*d].
As stated in our General Employer Action Plan, we aim to increase the proportion of female hires (both new graduates and mid-career) to over 40%. We will continue to implement initiatives to raise the ratio of female employees.

Career Development Support

In fiscal year 2024, five female employees from various departments at Mizuno participated in the Diversity West Japan Study Session, which includes around 50 companies. As part of this initiative, a Career Design Forum was held again this year. Through roundtable discussions with female leaders from other companies, participants were encouraged to envision their future careers from a mid- to long-term perspective and take the first step toward their goals.

Recognizing that active participation of women raising children requires not only work-life balance but also greater involvement of men in childcare, Mizuno has expanded training opportunities to promote male participation in parenting. The following initiatives were implemented:

  • Company-wide training to deepen understanding
  • Cross-industry seminars for managers on male involvement in childcare

Gender Pay Gap at Mizuno Corporation (Non-consolidated)[*d]

Category Female-to-Male Pay Ratio (%)
All Employees 73.8
Regular Employees 75.7
Contract/Temporary Staff & Part-time Workers 74.8

* Figures represent the ratio of average wages for women compared to men, with men's wages indexed at 100.

Promoting Mid-Career Hires and Driving Innovation

At the heart of diversity lies the power of embracing differences. Mizuno leverages the unique qualities and capabilities of individuals to foster innovation and create new value. In this context, we place high expectations on mid-career hires, who bring specialized expertise and fresh perspectives that contribute to innovation.
Currently, mid-career hires account for 15.7% of managerial positions. To raise this to 20% by the end of fiscal year 2025, we will continue to proactively recruit candidates for management roles—including female managers—through our mid-career hiring efforts.

Employment of People with Disabilities

As of March 2025, Mizuno's employment rate of people with disabilities was 2.40%[*d], which falls below the legally mandated rate of 2.5%. We are committed to further promoting the hiring of individuals with disabilities.
To support this effort and ensure that employees with disabilities can thrive in the workplace, we conducted company-wide training to deepen understanding and eliminate prejudice regarding disabilities.

Employment of Older Workers

Mizuno has a re-employment system that allows employees who retire at the mandatory retirement age of 60 to continue working until the age of 65 if they wish to do so.
In fiscal year 2023, 45 employees retired under the mandatory retirement system, and 40 of them utilized the re-employment program.
In fiscal year 2024, 28 out of 32 retirees chose to continue working under this system.

Participation in the Japan Platform for Migrant Workers towards a Responsible and Inclusive Society

As of the end of October 2023, there were approximately 2.05 million foreign workers in Japan, including about 410,000 technical intern trainees, and around 320,000 establishments employing them (according to the Ministry of Health, Labour and Welfare). These workers are now essential members of Japanʼs economy and society.

Toward the SDGsʼ target year of 2030, Mizuno is committed to contributing to the improvement of working environments for foreign workers. Through participation in initiatives such as JP-MIRAI, we support the Platform Action Principles, which align with international standards. By doing so, we aim to help ensure that employers and accepting organizations responsibly and lawfully provide stable employment opportunities for foreign workers.

Fostering Awareness and Culture for Promoting Diversity

At Mizuno, we regard the promotion of diversity as one of the key pillars for achieving sustainable growth.
In fiscal year 2024, we held the “Letʼs Think Together: Mizuno DE&I Forum,” bringing together President Mizuno, outside directors, executive officers, and employees. Under the concept of ONE MIZUNO, participants engaged in discussions on the value that diverse perspectives bring to organizations and explored various themes related to diversity promotion. The forum provided an opportunity to experience the power of diverse viewpoints firsthand.
Additionally, we conducted company-wide DE&I training three times during fiscal year 2024. The sessions focused on themes such as male participation in childcare, promoting the inclusion of people with disabilities, and health issues unique to women.

Alongside efforts to create a more inclusive work environment, we will continue to provide learning opportunities and promote ongoing awareness and mindset transformation among our employees.

image
image
image

Promoting Understanding of LGBTQ+

As part of our company-wide diversity education program, Mizuno conducted training sessions focusing on LGBTQ+ as one aspect of diversity. These sessions helped deepen employeesʼ understanding and awareness of LGBTQ+ issues.

Creating an Inclusive Work Environment and Supporting Employee Growth

Through the promotion of diversity, Mizuno is working to create a workplace where employees from diverse backgrounds can fully demonstrate their abilities and find meaning in their work. By fostering such an environment, we aim to support the continued growth and development of our employees.

Work Life Management

Annual Paid Leave System

Mizuno grants annual paid leave to full-time and contract employees as follows: 10 days upon joining the company, and up to 20 days per year after six years of continuous service.
Since fiscal year 2014, employees have also been able to take annual paid leave in hourly increments (up to five days or 40 hours per year), and usage of this system has been steadily increasing.
To further enhance employee welfare, Mizuno has introduced a rollover system that allows employees to use expired annual paid leave for personal reasons such as illness or injury, caregiving, volunteer work, and sports promotion activities.
In fiscal year 2024, the annual paid leave utilization rate at Mizuno Corporation was 52.9%[*d].

Support Systems for Balancing Work and Family Life

Mizuno offers a variety of support systems to help employees balance their work and family responsibilities.

In terms of childcare support, employment patterns for female employees—from pregnancy and childbirth through the childcare period—are well established and widely utilized. These include:

  • Paid leave available in hourly increments from the start of pregnancy (up to 40 hours per year)
  • Prenatal and postnatal leave
  • Childcare leave and extended leave (up to the child’s second birthday)
  • Shortened working hours after returning to work (until the child completes third grade in elementary school)
  • Flextime system (available until the child completes third grade in junior high school)

To retain valuable talent, Mizuno has also introduced a re-entry system that allows employees who left the company due to life events such as marriage or childbirth to return to work.
Male employees are likewise encouraged to take an active role in childcare, with support through childcare leave and the flextime system. In fiscal year 2024, the paternity leave utilization rate was 70.9%.
For caregiving support, Mizuno conducts internal surveys to better understand employee needs and enhance related systems accordingly. In fiscal year 2021, we launched a trial program allowing employees to take shortened working hours or leave for infertility treatment, as well as shortened hours for nursing care. To date, three employees have used these programs.

Enhancing Support Systems for Childbirth and Childcare

To help employees thrive through effective work-life management and flexible work styles, Mizuno is committed to improving both the structural and cultural aspects of the workplace, supporting motivated and capable individuals.
At Mizuno, 63.8% of married female employees—141 out of 221—are working mothers who successfully balance their careers and family responsibilities.
The retention rate of employees three years after returning from childcare leave is 100%, with 103 employees continuing to work with us.

Support Systems for Childbirth and Childcare

Childcare leave systems [*d]*
Details This system aims to improve Mizunoʼs welfare system by allowing employees to devote themselves to childcare for a certain period without having to give up their status as an employee at Mizuno.
Performance In FY 2024, 90 employees used this system. (full-time employees: 33 men and 53 women, contract workers/part-timers: 4 women)
Childcare short-working-hour system [*d]*
Details This system defines the details relating to allowing employees to work shorter hours to care for their children who are at ages subject to protection under the childcare leave system up until their children complete their third year of elementary school.
Performance In FY 2024, 94 employees used this system. (full-time employees: 1 man and 85 women, contract workers/part-timers: 8 women).
Leave for Pregnancy-related Health Conditions[*d-b]
Details A leave system designed to protect maternal health by allowing employees to take time off during pregnancy due to health issues such as morning sickness or anemia.
Performance In FY 2024, no employees used this system.
Childcare Support Leave[*d]
Details A paid leave system designed to support employees in balancing work with childbirth and childcare, and to encourage the use of childcare leave.
Performance In FY 2024, 22 employees used this system. (full-time employees: 22, contract workers/part-timers: 0).
Childcare-related Benefits under the Cafeteria Plan[*d]
Details These regulations define what expenses relating to childcare will be covered by the cafeteria plan system.
Performance Of all cafeteria points used in FY 2024, those relating to childcare accounted for 2.0%.
Re-entry System[*d]
Details This system aims to increase the chances that employees who left for certain personal reasons (including childbirth and nursing) have of returning to Mizuno, and it does so by providing them with information on job openings at Mizuno.
Performance In FY 2024, no employees used this system.

* The data given above was gathered from Mizuno Corporation and a number of Mizuno Group subsidiaries in Japan.

Enhancing Caregiving Support Systems

At Mizuno, we are committed to strengthening our caregiving support systems with the goal of ensuring that no employee is forced to leave their job due to caregiving responsibilities.

Caregiving Support Systems

Caregiving leave system[*b]*
Details This system defines the details relating to allowing employees to take leave to care for family members who require caregiving.
Performance In FY 2024, no employees used this system.
Short-working hour system for- Family Caregiving[*b]*
Details This system defines the details relating to payment and other conditions when employees request to work shorter work hours than the regular work hours due to the need to care for family members who requiring care.
Performance In FY 2024, no employees used this system.
Regulations relating to nursing care under the cafeteria plan system[*b]*
Details These regulations define what expenses relating to nursing care will be covered by the cafeteria plan system.
Performance Of all cafeteria points used in FY 2024, those relating to nursing care accounted for 0.1%.

* The data given above was gathered from Mizuno Corporation and a number of Mizuno Group subsidiaries in Japan.

External Recognition for Diversity Initiatives

Mizuno has received external recognition for its efforts to promote diversity, including the “Eruboshi” certification for advancing women's participation and the “Kurumin” certification for supporting child-rearing.
For more details, please refer to the section on external evaluations.

External Recognition

Future Challenges

As teams increasingly consist of employees from diverse backgrounds, it will become even more important to leverage the strengths of such diversity. While different perspectives and ideas can lead to more creative solutions and strategies, they may also result in misunderstandings or challenges. To address this, Mizuno will continue to provide education that promotes mutual understanding.
We are also committed to creating an environment where all employees are treated fairly and equitably, and where they can pursue personal growth and self-fulfillment. By fostering a culture that respects diversity, we aim to build a workplace where everyone can thrive as their authentic selves.
Mizuno views the promotion of Diversity, Equity & Inclusion (DE&I) as a key management priority. By building an organization that harmonizes diversity with work-life balance, we aim to enhance employee engagement and performance, ultimately contributing to the companyʼs sustainable growth.