Daiwa Securities Group Annual Report 2012 Other Information Financial Section Management Systems & CSR Business Strategy Executive Messages Corporate Summary Relationship With Employees and Executives <Promoting a “Work-life Balance”> <Employee Training and Evaluation> <Encouraging Women to Succeed> <Employee Evaluation System> Female Employees and Managers at the Daiwa Securities Group 46 (%) March 31, 2009 March 31, 2010 March 31, 2011 March 31, 2012 Percentage of female employees 36.8 37.1 36.1 36.2 Percentage of female managers 3.4 3.9 4.1 4.3 Note: Ratios are on the basis of the consolidated Group. A fair, transparent and agreeable system of employee evaluation is  a key factor in ensuring that employees remain highly motivated.  The Group employs a multifaceted evaluation system for all  management-level personnel that involves evaluations by direct  subordinates and from relevant departments. The Group strives to  ensure that its evaluation structure is not influenced by factors like  seniority, so that employees of all age levels and career ranks will  strive equally to earn promotions and expanded responsibilities. The Group has experienced a dramatic increase in the number of  women who have applied for career-track and regional career-track  positions, hoping to promote their career ambitions. Over the past  three years—from fiscal 2009 through 2011—more than 659  women have transferred to such positions. The Group would also  like to expand the number of women in management positions. To  this end, internal publications have featured numerous articles on  individuals who can be positive role models for female employees.  These and other measures help to motivate women employees and  communicate an inspirational message throughout the Group. By  continuing to expand the ranks of women in top management  positions, we hope to cultivate future female leaders for the Japa- nese financial industry. For example, the Group is working on improving the communi- cation skills of employees to further our globalization efforts and  support the Group’s strategic emphasis on business in Asia. Furthermore, the Group places core qualifications for financial  service business on its financial planners and analysts. It is the goal  of Daiwa Securities to have every employee obtain either certification  and to lead the industry in terms of the total number of employees  with Certified Financial Planner (CFP) certification. With the aim of creating a professional cadre and in turn becoming  Japan’s most impressive securities firm, the Group provides  employees with the basic skills necessary to do their jobs effectively  and conducts a variety of training programs that promote employee  excellence. The training programs include those related to the  Group’s principles and CSR policies. In order to attract top-quality personnel and motivate them to high  levels of achievement, the Group has adopted numerous policies  aimed at promoting a healthy balance between work and personal  life. These efforts to promote a “work-life balance” aim to create a  favorable working environment for all employees, regardless of  gender. The Group has not only adopted flexible policies to accom- modate various work patterns; it also promotes effective time man- agement, encourages employees to use all of their allocated days  for annual leave, and welcomes office visits by family members. In  addition, the “Daiwa WLB Station” section of the Group’s internal  website has received a substantial increase in traffic since it was  updated in February 2012. The Daiwa Securities Group believes that maximizing each employ- ee’s motivation increases customer satisfaction and, as a result, will  enhance shareholder value. The Group has introduced a range of  measures to ensure that employees and executives feel satisfied  with their job, and also, along with their families and all others con- cerned, can feel proud to be a member of the Group.