PASSION FOR THE BEST

Daiwa Securities Group CSR Report 2009 | Building Sustainable Society

Corporate Citizenship - Social Report

As part of its corporate citizenship activities, the Daiwa Securities Group supports social welfare projects, executive and employee participation in volunteer work, providing support for cultural and artistic activities, and offering grants through foundations and NPOs for the benefit of the international community, and it continues to take part in various initiatives primarily in the following four fields of activity.

Initiatives and Targets

1. Education and research activities in the fields of economics and finance
2. Encouraging volunteerism among executives and employees
3. Support for culture and the arts
4. Assistance to communities on both the local and the international level through foundations and NPOs

The Daiwa Securities Group’s Initiatives as a Corporate Citizen
  Type of Activity Main Activities in FY2008 Expenditure (unit: ¥1,000)
FY2006 FY2007 FY2008
1. Education and research activities in the fields of economics and finance Initiatives for elementary, junior and senior high school students Student Company Program (SCP), Finance Park, etc.
249,518 225,524 214,283
Academia-business cooperation and initiatives for universities, graduate schools and the public Course endowment, joint research, entrepreneurial support, etc.
2. Encouraging volunteerism among executives and employees Self-planned programs Hands-on environmental experience on Mount Takao, sign language course, etc. 6,765 6,471 6,475
Joint programs Hands-on disaster contingency planning course, Sumida River cleanup, etc.
3. Support for culture and the arts

Support for culture and the arts

"Renoir + Renoir" Exhibit, Daiwa Shoken Group Presents the First Performance of the Opéra National de Paris in Japan, Takarazuka Revue Company Reserved Performance, etc. 517,000 560,000 530,000
4. Assistance to communities on both the local and the international level through foundations and NPOs Foundations Daiwa Securities Foundation Support for volunteer activities in the fields of stay-at-home seniors, the disabled, child problems, etc. 136,097 141,806 147,765
Daiwa Securities Health Foundation Health, medical care and welfare-related aid
Daiwa Anglo-Japanese Foundation Promotion of mutual understanding between Britain and Japan, acceptance of foreign students
Assistance Programs The Daiwa Securities Group Tsunami Reconstruction Fund Ongoing reconstruction support for disaster-affected areas caused by the December 2004 Sumatra Earthquake and the Indian Ocean Tsunami
Daiwa SRI Assistance Program Aid for personnel costs and staff education costs of NPO that provide support in fields involving human life
Daiwa Eco Fund Assistance Program Daiwa JFS Sustainability College, Daiwa CI Biodiversity Conservation Fund
Daiwa/Russell/GEF Project to Support the Spread of Environmental Technology Creation of handbook of basic environmental technologies that enable the development and management of resources and personnel in developing countries
Disaster relief, sponsorship fees, etc. Reconstruction support for the Sichuan Earthquake, etc.
Total 909,380 933,801 898,523

1. Education and Research Activities in the Fields of Economics and Finance

Taking advantage of the knowledge and expertise built up in our main businesses of economics and finance, we are actively engaged in business-academia collaboration, and we also support economic education programs in junior and senior high schools, in order to teach young people knowledge and wisdom about life through economics.

Economic and Financial Education Field

Principal Daiwa Securities Group Business-Academia Collaboration
Fiscal 2008 course endowments and collaboration
  Name of University Topic (title)
  Graduate School of International Corporate Strategy (ICS), Hitotsubashi University Daiwa Securities Group Corporate Strategy Creation Course
  Faculty of Policy Management, Keio University Corporate Social Responsibility and Social/Economic Revitalization
  Faculty of Policy Management, Keio University Social Finance
  Open Education Center, Waseda University (general lectures) Basic Course in Venture Entrepreneurship and Business Planning
  Graduate School of Economics, Kyoto University Securities System Theory (spring session), Securities Investment Methodology (fall session)
  Kyoto University (general education course) Modern Business Administration B
  Graduate School of Medicine, Kyoto University Entrepreneurship
  Meiji University (Surugadai Campus) Coming up with Venture Business Ideas and Building a Business Plan
  Faculty of Law, Chuo University International Venture Business and the Law
  College of Commerce, Nihon University Creating a Venture Company
Peking University (overseas) High-Tech Venture Value Creation
Conferences, symposiums, internships and other programs
Tokyo University Daiwa Shoken Group Foreign Student Scholarship Fund
Tokyo University Support for an "Entrepreneur Training" Exchange (Nov. and Feb.) with Peking University
Tokyo University Support for the BESETOHA Forum (Nov. and Feb.)
Graduate School of International Corporate Strategy (ICS), Hitotsubashi University Business School-based Industry Research Symposium for Job Hunters
  Graduate School of International Corporate Strategy (ICS), Hitotsubashi University 8th Porter Prize (Daiwa has supported this prize for the eighth time since its creation in 2001)
  Graduate School of Economics and Faculty of Economics, Kyoto University 2008 Daiwa International Workshop on Financial Engineering
  Graduate School of Economics and Faculty of Economics, Kyoto University Internship (Daiwa sponsors lectures for students)
:New event in fiscal 2008

Primary Joint Programs with Junior Achievement Japan, an NPO that Provides Economics Education for Youth

(1) Finance Park (Experiential Life Planning Program)
Junior Achievement Japan was established in Shinagawa, Tokyo in June 2005 as a forum for practice in life planning for junior and senior high school students. Daiwa provides special support with funds to open facilities and set up shops, and it also provides personnel. In January 2007, Junior Achievement opened an office in Kyoto. As of March 31, 2008, a total of 12,931 students have taken part in action programs that teach students about how to think for themselves and make decisions.

(2) Student Company Program (Experiential Company Management Program)
This is hands-on company management program in which high school students set up a company in school and operate it through all phases, from raising capital to recruiting personnel and handling the accounting, manufacturing and sales. The Daiwa Securities Group has been collaborating with the Student Company Program (SCP) at Ritsumeikan Senior High School since 2003. By fiscal 2008, Daiwa had sent a total of 16 employees as outside directors to offer advice on the preparation of financial data and on company management. Thus far, 131 students have acquired basic qualifications for gaining a living in society by learning about company management, how the world works, the difficulties of decision making, the pressure of bottom line accountability and the importance of leadership and teamwork.

Student Company Program students selling their products

(3) Global Leadership Forum for Junior and Senior High School Teachers
This is a training program sponsored by Junior Achievement Japan for junior and senior high school teachers. It is a forum where, through lectures given by guests from a wide range of perspectives, and through panel discussions and case studies, people discuss the state of the global economy and think together about how education should develop in the 21st century. From 2003 to 2007, the Daiwa Securities Group sponsored the forum and has continuously cooperated in related events. Through fiscal 2008, a total of 2,200 teachers have participated in the forum.

(4) Japan Council for Economic Education (JCEE)
The JCEE was established in January 2009 with the goal of providing economic education programs for school teachers. The Daiwa Securities Group began to support the JCEE primarily by providing the basic funds for its founding. Under a partnership between Junior Achievement Japan and the National Council on Economic Education (NCEE), Daiwa seeks to implement programs suitable for the schools of Japan. Already, 12 individuals directly related to the company have produced and edited textbooks.

Related website: Junior Achievement Japan

2. Encouraging Volunteerism among Executives and Employees

Volunteer Awards

We implement the President’s Awards system to recognize various achievements by executives and employees. Daiwa Securities Co. Ltd. created the Volunteer Awards in 2007 to acknowledge on a biannual basis the Group and the employees who continually take part in local volunteer activities.

Hands-on environment experience on Mount Takao

In April 2009, 27 employees, their families and retired executives participated in a hands-on environmental conservation experience on Tokyo's Mount Takao that we organized. This marks the seventh year this event has been held, and this year, in addition to thinning trees on the mountain forest slopes and peeling the wood of trees that had been thinned, group activities also included the study of vegetation and educating employees in environmental awareness.

Tree-thinning activity on Mount Takao

Social Contribution, Donation and Recycling Activities by Executives and Employees

Group executives and employees organized sign language classes, helped clean up after community events and participated in various recycling activities. One recycling activity involves collecting used and unused stamps and prepaid cards, partially used postcards and similar items to donate to NPOs. Donations raised in fiscal 2008 totaled 506,686 yen, a 24 percent decrease compared to fiscal 2007. The number of people voluntarily taking part in sign language classes and volunteer activities on weekends or after work increased from a cumulative total of 569 people in fiscal 2007 to 644 people, a 13% year-on-year increase.

Results of Recycling Activities by Executives and Employees (Fiscal 2008)
Donation Recipients Item Unit/Value
  • Social welfare corporation: Community Chest of Miyazaki Prefecture
  • Foundation: Nagasaki International Association
  • Charity Calendar Executive Committee (Tokushima)
  • NPO: Nippon Volunteer Network Active in Disaster (Nishinomiya)
  • Sapporo Nihon University High School (JRC)
  • Suwa Welfare Corporation Suwa-City Social Welfare Conference, Suwa Volunteer Center
  • Nagoya Council of Social Welfare, Volunteer Center
  • Shinagawa Ward Council on Social Welfare, Shinagawa Volunteer Center
  • Tama Ward Council of Social Welfare, Tama Volunteer Center
  • Kita-ku NPO/Volunteer Plaza
  • Shizuoka Prefecture Volunteer Association
  • Nagano Volunteer Center
  • Calendars 4,286
    Pocket organizers and diaries 393
    NPO JEN Recycled books/CDs ¥34,176
    NPO Live with Friends on the Earth (LIFE) Used stamps (including overseas) 8.92kg
    Used cards 1,967
    Stamped post cards with errors 7,472
    Unused stamps ¥6,651
    Unused cards 81
    Cash vouchers 51

    3. Support for Culture and the Arts

    Renoir + Renoir Exhibit

    The Daiwa Securities Group supports a wide range of cultural and artistic activities. As part of our support for the arts, we were the special sponsor of the "Renoir + Renoir" exhibit at the Bunkamura Museum of Art in Shibuya, Tokyo, from February to May 2008. This exhibit was also presented at the National Museum of Modern Art, Kyoto from May to July 2008. The exhibit took the novel approach of simultaneously introducing two giants of the art world, Pierre Renoir, and his impressionist paintings, and the films of his son, the director Jean Renoir. The exhibit was a great success. In addition, Daiwa continuously supports a wide range of cultural and artistic activities, such as sponsoring the Daiwa Shoken Group Presents the Opéra National de Paris (July) and the Takarazuka Revue Company Reserved Performance (October-December), as well as the JAL Byodo-in Temple Sound Stage (September).

    We also focus on supporting traditional Japanese culture such as shogi and go. In addition to sponsoring the top title matches in shogi and go, the Meijin Title Match (shogi) and the Honinbo Tournament (go) since 2005, we are also the special sponsor of the Daiwa Securities Cup shogi and go title matches via the Internet. In shogi, we support the Saikyo Tournament and the Women’s Saikyo Tournament, which were the first official shogi matches to take place on the Internet, in 2007. In go, we support four tournaments: the Open, the Ladies and the Grand Champion Internet title matches, as well as the Amateur Championship. These matches take place on the Internet year-round, and viewers can also watch the matches in real time on the Internet. The matches, which begin at 8 p.m. on weekend evenings, attract a strong following among not only Japanese fans but also shogi and go devotees living abroad. For playoff games in the various tournaments, we organize commentary sessions by professional players who use large boards to describe the game’s moves, with the games taking place at the Daiwa Conference Hall on the 18th floor of the Daiwa Securities Headquarters Building in Tokyo. We also hold award ceremonies for winning players and provide opportunities for exchanges between amateurs and professional players.

    Shogi Meijin Title Match

    4. Assistance to Communities on both the Local and the International Level through Foundations and NPOs

    Daiwa Securities Health Foundation

    Since 1973, the Daiwa Securities Health Foundation has been supporting outstanding research focusing on improving the health, medical care and welfare of middle-aged and older people, disbursing 30 million yen in grants of 1 million yen each year. Fiscal 2008 marked the 35th year of this program, with a cumulative total of 952 recipients receiving 937 million yen in total. Since September 2006, the foundation has been offering health seminars for the public given by grant recipients. As of the end of March 2009, health seminars had been given at 94 Daiwa Securities branches throughout Japan, with a total of nearly 4,000 people participating.

    Daiwa Securities Foundation

    The Daiwa Securities Foundation was established in 1994, for the benefit of society, in commemoration of the 50th anniversary of the founding of the Daiwa Securities Group. The Foundation provides yearly research grants in the fields of volunteerism and welfare. In fiscal 2008, the Foundation provided 209 grants worth a total of 45.37 million yen to particularly outstanding applicants, and a two-million yen grant for two research projects. A new “Disaster Volunteer Activities Grant” was also created in fiscal 2004 to support the expenses of volunteers involved in disaster recovery work. Under this new grant, the foundation provided 200 million yen in aid to the NGO, Japan Platform (JPF), in support of the victims of the Myanmar tropical cyclone that struck on May 2, 2008. The Foundation will continue activities that contribute to improving social welfare.

    The Daiwa Anglo-Japanese Foundation

    The Daiwa Anglo-Japanese Foundation is a UK charity that was established in 1988 with a generous benefaction from Daiwa Securities Co. Ltd. for the purpose of supporting closer links between Britain and Japan. Some of its primary activities include the following:

    (1) Making grants available to individuals, institutions and organizations to promote links between the UK and Japan in all fields of activity
    (2) Enabling British and Japanese students and academics to further their education by providing opportunities for joint research and supporting exchanges and other bilateral initiatives
    (3) Awarding of Daiwa Scholarships for British graduates to study and undertake work assignments in Japan
    (4) Organizing a year-round program of events to increase the understanding of Japan in the UK

    Daiwa Foundation Japan House, the London-based headquarters, acts as a center for Anglo-Japanese relations in Britain by offering a wide range of seminars, exhibitions and book launches as well as meeting rooms for Japan-related activities and facilities for visiting academics. The Foundation is represented in Japan by its Tokyo Office, which provides local assistance to Daiwa Scholars (foreign students), administers grant applications from Japan and collaborates with other institutions that promote Anglo-Japanese relations. Since its inception, it has accepted 122 students from the United Kingdom. In addition, the foundation has provided grants for a total of 2,362 projects, with grant-in-aid amounting to exceeding 2 billion yen (as of March 2009).

    Daiwa Securities Group Tsunami Reconstruction Fund

    Daiwa SRI Fund Assistance Program

    The Daiwa SRI Assistance Program provides grants for Japanese NGOs that provide support in fields involving human life (the human security field).

    Planned and managed cooperatively with the NPO, Civil Society Initiative Fund, this program subsidizes personnel and education costs with the goal of getting NPO staff to deal on a long-term basis with the day-to-day problems of human security.

    Related external website: NPO, Civil Society Initiative Fund

    Daiwa SRI Fund Assistance Program
    2009 Aid-recipient Organizations
      Activity Organization Location Grant amount
    1 Home-visit nursing care for children with severe disabilities and livelihood support for staff capability improvement NPO
    Respite Care Service MOE
    Kanagawa ¥1.44 million
    2 Training staff and strengthening organizations that assist people who have foreign backgrounds Asian People's Friendship Society Tokyo ¥1.82 million
    3 Training staff to counsel families that have disabled or sick babies NPO
    e-MADO Total Care Network for Sick Children
    Nagano ¥1.80 million
    4 Training business supervisors for "Encounter with Healing the Hearts of Children under Long-term Hospitalization" Children’s NPO Kodomo-Gekijo National Center Tokyo ¥1.88 million
    Project name (Second year of grant)
    1 Providing stable staff-training to help create a support framework for a youth support center and strengthening the organization NPO
    Tohoku Youth Support Center
    Yamagata ¥1.80 million
    2 Training staff for home-visit program to prevent youth suicides and social isolation NPO
    Student Support Faith
    Saga ¥1.80 million

    Daiwa CI Biodiversity Conservation Fund (DCBCF)

    The Daiwa CI Biodiversity Conservation Fund operates a program to carry out biodiversity conservation activities in the vicinity of World Natural Heritage sites in seven countries that have been selected from areas called biodiversity hotspots.* The World Heritage Local Ecological Entrepreneurship Program (WH-LEEP) was formed as a partnership between the United Nations Development Programme (UNDP), the Global Environment Facility's (GEF) Small Grants Programme (SGP), and the United Nations Foundation (UNF), which together launched Community Management of Protected Areas for Conservation (COMPACT). COMPACT is in charge of dispersing grants for operating businesses, while DCBCF is in charge of dispersing grants to cover such expenses as business needs surveys and skills training. Through a partnership with global environmental NGO Conservation International (CI), the Daiwa CI Biodiversity Conservation Fund operates based on the profits earned from the sale and management of the Daiwa Eco Fund.

    * Hotspot: Places where biodiversity is rich but greatly threatened

    Daiwa-Russell-GEF Asia Project to Support the Spread of Environmental Technology

    Daiwa, in cooperation with the Global Environmental Forum, operates a project funded by profits from the Russell Global Environmental Technology Fund sales. The project involves the compilation and distribution of handbooks containing basic technologies from among those environmental protection technologies possessed by Japan that can be fully developed and operated using the materials and human resources of developing countries. For some time, we have been focusing on home drainage problem countermeasures, an area urgently needing resolution in developing countries. Although we have selected relevant technologies from available Japanese technologies as countermeasures, in Thailand, we have conducted local surveys and gathered information concerning the current state of water contamination and home drainage problem countermeasures and investigated the applicability of technologies that could be transferred.

    Support for Disaster-Affected Areas
    The Daiwa Securities Group provided emergency support of 2 million yen via Japan Platform to the victims of the 2008 tropical cyclone, Nargis, in Myanmar. In Japan, we donated 6 million yen to the Central Community Chest of Japan to help the areas affected by the Iwate-Miyagi Nairiku Earthquake. Daiwa Securities Group Inc. also provided emergency support through the Japanese Red Cross after the Sichuan Earthquake in May 2008. Furthermore, as reconstruction assistance, we extended aid for recovery in Gansu Province, which was as severely affected as Sichuan but which, on the basis of information obtained locally, we learned had received less aid. We donated 1.52 million yuan (approx. 24 million yen) to the China Children and Teenagers’ Fund*1 to build two permanent elementary school facilities. In May 2009, exactly one year after the earthquake, we received the China Charity Award from the All China Women’s Federation, a senior body to the above-mentioned fund. As of July 2009, the schools were still under construction and scheduled for completion by autumn of this year.

    * China Children and Teenagers' Fund:  Chinese government organization that coordinates donations for school construction and requests for school buildings from disaster-affected areas