Recruiting and Employment

Basic Approach and Policy

The Group’s business activities would not be possible without its employees. Recruiting and employment is an important aspect underpinning the stable continuity of our business operations. Through new recruitment upon graduation and career recruitment, we aim to secure appropriate human resources.

A target of ensuring that 20% or more of newly graduated recruits are women has been defined, to promote the advancement of women. Current social circumstances will also be taken into consideration to raise starting salaries, with further improvements to be applied in a flexible manner.

These initiatives are being reported to the Sustainability Promotion Committee, which monitors, reviews, and makes changes to recruitment practices.

Number of Group Employees and Executive Officers

Numbers of Employees in Japan and Overseas (as of March 31, 2023)

(Unit: Persons)

	Directors	Executive officers	Employees	Temporary employees^*1	Total
Sumitomo Bakelite Co., Ltd.	9	12	1,594	242	1,857
Subsidiaries in Japan	26	-	1,492	320	1,838
Overseas subsidiaries	33	-	4,899	357	5,289
Total	68	12	7,985	919	8,984

* The number of Directors of Sumitomo Bakelite Co., Ltd. is shown as the number of Directors, including Part-time Directors. The number of Executive Officers excludes Directors.
* The numbers of Directors of subsidiaries in Japan and overseas include Directors sent from Sumitomo Bakelite Co., Ltd. This figure represents the number of standing corporate officers not serving concurrently in other positions.
* Temporary employees: part-time and casual workers

Breakdown of Employees by Region, Age, and Gender (as of March 31, 2023)

(Unit: Persons)

Region	Age 29 or younger	Age 30 to 49	Age 50 or older	Subtotal
	Male
Japan	250	1,203	1,082	2,535
East Asia	95	660	87	842
Southeast Asia	178	543	115	836
North America	80	190	273	543
Europe	32	165	131	328
Total	635	2,761	1,688	5,084

(Unit: Persons)

Region	Age 29 or younger	Age 30 to 49	Age 50 or older	Subtotal
	Female
Japan	124	257	170	551
East Asia	61	427	42	530
Southeast Asia	391	886	250	1,527
North America	27	99	115	241
Europe	5	28	19	52
Total	608	1,697	596	2,901

(Unit: Persons)

Region	Age 29 or younger	Age 30 to 49	Age 50 or older	Total
	Male　Female　Total			Total
Japan	374	1,460	1,252	3,086
East Asia	156	1,087	129	1,372
Southeast Asia	569	1,429	365	2,363
North America	107	289	388	784
Europe	37	193	150	380
Total	1,243	4,458	2,284	7,985

* Numbers for Japan are the total for Sumitomo Bakelite Co., Ltd. and its domestic subsidiaries.

Breakdown of the Number of Temporary Employees by Gender and by Region (as of March 31, 2023)

(Unit: Persons)

	Male	Female	Total
Number of temporary employees	412	514	926

(Unit: Persons)

	Japan	East Asia	Southeast Asia	North America	Europe	Total
Number of temporary employees	569	192	127	30	8	926

* Numbers for Japan are the total for Sumitomo Bakelite Co., Ltd. and its domestic subsidiaries.

Breakdown of the Number of Newly Recruited Employees in Fiscal 2022 (by gender, age, and region)

(Unit: Persons)

	Male	Female	Total	Age 29 or younger	Age 30 to 49	Age 50 or older	Total
Number of persons	454	399	853	471	329	53	853
Ratio of employees as of March 31, 2023	9％	14％	11％	38％	7%	2%	11%

(Unit: Persons)

	Japan	East Asia	Southeast Asia	North America	Europe	Total
Number of persons	118	263	220	210	42	853
Ratio of employees as of March 31, 2023	4％	19％	9％	27％	11%	11%

* Numbers for Japan are the total for Sumitomo Bakelite Co., Ltd. and its domestic subsidiaries.

Breakdown of Employee Turnover Number in Fiscal 2022 by Gender, Age, and Region

(Unit: Persons)

	Male	Female	Total	Age 29 or younger	Age 30 to 49	Age 50 or older	Total
Number of persons	381	337	718	242	317	159	718
Ratio of employees as of March 31, 2023	7％	12％	9％	19％	7%	7%	9%

(Unit: Persons)

	Japan	East Asia	Southeast Asia	North America	Europe	Total
Number of persons	111	230	156	193	28	718
Ratio of employees as of March 31, 2023	4％	17％	7％	25％	7%	9%

* Numbers for Japan are the total for Sumitomo Bakelite Co., Ltd. and its domestic subsidiaries.

Company Employee Recruitment (numbers of newly graduated/career recruits)

(Unit: Persons)

Recruitment upon graduation	Fiscal 2018	Fiscal 2019	Fiscal 2020	Fiscal 2021	Fiscal 2022	Fiscal 2023 (scheduled)
Number of Company employees recruited	33	37	38	43	55	55
Ratio of newly graduated recruits^*1	82.5%	90.2%	84.4%	75.4%	83.3%
Male	27	31	34	33	45	―
Female	6	6	4	10	10	―

(Unit: Persons)

Career recruitment	Fiscal 2018	Fiscal 2019	Fiscal 2020	Fiscal 2021	Fiscal 2022	Fiscal 2023 (scheduled)
Number of Company employees recruited	7	4	7	14	11	15
Ratio of career employee recruitment^*2	17.5%	9.8%	15.6%	24.6%	16.7%
Male	6	2	7	12	10	―
Female	1	2	0	2	1	―

* Figure for Sumitomo Bakelite Co., Ltd. (non-consolidated basis).
*1, 2 The ratios of newly graduated recruits and career recruits are given as percentages of the total recruit count for the relevant fiscal year (the sum of newly graduated recruits and career employee recruits).
*2 The ratio of career employee recruitment pertains to disclosure of mid-career recruitment under the Act on Comprehensive Promotion of Labor Measures.
* Does not include persons forwarded from other companies or employees reassigned from subsidiaries or affiliates in Japan.
* Includes temporary employees who are not post-retirement hires.
* Since employee recruitment is gender-neutral, the gender composition of the planned intake of new employees for fiscal 2023 is unknown, and is not covered by third-party assurance.

Breakdown of the Number of Newly Recruited Employees in Fiscal 2022 (by gender and age)

(Unit: Persons)

	Age 29 or younger	Age 30 to 49
Number of Newly Recruited Employees in Fiscal 2022	58	8
Male	48	7
Female	10	1

* Figure for Sumitomo Bakelite Co., Ltd. (non-consolidated basis).
* Counted based on the person’s age when they were hired.

Retention of Newly Graduated Recruits (within three years of being hired)

(Unit: Persons)

	Fiscal 2018	Fiscal 2019	Fiscal 2020
Number of men hired	21	24	26
Number of women hired	6	6	4
Number of men retained	19	22	24
Number of women retained	5	5	2
Retention rate 3 years after joining company (Male)	90.5%	91.7%	92.3%
Retention rate 3 years after joining company (Female)	83.3%	83.3%	50.0%
Retention rate 3 years after joining company (Total)	88.9%	90.0%	86.7%

* The numbers in the table represent the rate among newly graduated recruits with at least a bachelor’s degree.
* Figure for Sumitomo Bakelite Co., Ltd. (non-consolidated basis).
* For fiscal 2020, this indicates the percentage of employees hired on April 1, 2020, who were still employed with the company on April 1, 2023.

Employee Turnover and Turnover Rate in Fiscal 2022 (by gender and age)

(Unit: Persons)

	Male	Female	Total	Age 29 or younger	Age 30 to 49	Age 50 or older	Total
Number of persons	49	7	56	12	7	37	56
Ratio of employees as of March 31, 2023	3.6％	3.6％	3.6％	6.5％	1.0%	5.7%	3.6%

* Figure for Sumitomo Bakelite Co., Ltd. (non-consolidated basis).
* Counted based on the person’s age when they left the company.

Regarding Retirement Benefit Obligations

Regarding retirement benefit systems, the Company employs a defined-benefit system in Japan. Overseas, some consolidated subsidiaries concurrently use defined-contribution and defined benefit systems. The consolidated retirement benefit obligations for fiscal 2022 totaled ¥37.1 billion, and ¥39.8 billion for pension funds.