Statutory disability employment rate raised to 2.7%, fewer than half of companies meet target

Regulation
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Summary · why it matters

The statutory disability employment rate for companies has been raised from 2.5% to 2.7%. Even under the previous standard, only 46.0% of companies met the target, and ensuring not just the quantity but also the quality of employment remains a challenge. Nomura Holdings' special subsidiary, Nomura Kagayaki, is expanding operations and supporting intra-group transfers, while Aflac Life Insurance's special subsidiary, Aflac Heartful Service, is adding new businesses. Meanwhile, the use of disability employment businesses to meet the employment rate is increasing, but these are seen as problematic for career development due to their weak connection to core operations. An expert panel of the Ministry of Health, Labour and Welfare has identified improving the quality of disability employment as a key issue and is discussing measures such as creating guidelines for companies.

Impact on stocks 2

Financials · 2 stocks
Nomura Holdings, Inc.
8604
± MixedRegulationrelevance

Nomura's special subsidiary is expanding operations, but the raised employment rate's effect on Nomura is ambiguous.

Aflac Incorporated
AFL
± MixedRegulationrelevance

Aflac's special subsidiary is mentioned as adding new businesses, but the overall impact of the raised employment rate on Aflac is unclear.