Sustainability

Policy

Guided by our corporate philosophy (mission) of “striving to realize society from ‘build’ to ‘utilize’”, we carry out our business with fairness and integrity. We embrace the challenge of creating businesses that benefit society and work to become the Star Mica Group that pursues both growth and profitability.

Customers

With the customer’s perspective in mind, we constantly strive to improve the level of service that we offer, as professionals.

Business
Partners

We build mutual trust and fair business relationships with our business partners, by preventing corruption and taking other measures.

Local
Communities

Through our business, we solve problems that are faced by Japanese society, and will maintain our position as a company that is needed by Japanese society in the future.

Employees

We maintain a highly transparent governance structure, and create workplaces that provide employees with comfortable working environments.

Global
Environment

By stimulating sales of existing homes, we contribute to reducing environmental impact, reducing CO2 emissions, and conserving the global environment.

Shareholders
and Investors

We strive to disclose information in a timely and appropriate manner, and to actively communicate through our investor relations efforts.

Environment

We strive to realize society from “build” to “utilize”

Since our founding, we have been committed to avoiding real estate development projects that have a heavy environmental impact. Instead, we strive to “realize society from ‘build’ to ‘utilize’”. We believe that the Star Mica Group’s business model itself will reduce environmental impact and promote the realization of a recycling-oriented society.

We aim at the shift to “circulation economy”
in a field of the real estate development

Corporate philosophy
Realization of society from build to utilize
Business concept
Refrain from real estate development
with large environmental burden
Corporate philosophy, Business concept

Mass production and mass consumption of economic and social activities form a society of mass waste, which impedes the healthy recycling of materials. This also has a strong correlation with various environmental issues such as climate change, the depletion of natural resources, and the destruction of biodiversity. Our goal in the field of real estate development is to drive a shift away from one-way economic and social activities, which involve building and tearing down, toward a circular economy that uses resources in a sustainable way.

“Striving to realize society from ‘build’ to ‘utilize’”
helps to reduce CO2 emissions

CO2 emission of renovation is 3% of reconstruction

CO2 emission of renovation is 3% of reconstruction
(Source) Renovation Council website “What is renovation?”

A circular economy is an economic activity that creates added value through services and other means while effectively utilizing stocks, in addition to conventional 3R initiatives. It aims to maximize the value of resources and stocks, minimize resource consumption, curb waste generation, etc.

Carrying out the philosophy that has guided us, of “striving to realize society from ‘build’ to ‘utilize’”, also helps to reduce CO2 emissions. CO2 emissions from renovation work on pre-owned properties are about 3% of those from new real estate development and new reconstruction work. As the world discusses drastic reductions in CO2 emissions by 2030, interest in this business is likely to increase.

As a leading company in the industry, we will continue to promote reduction of our environmental impact and CO2 emissions by revitalizing existing home distribution, which is still growing compared to the U.S. and Europe. This will greatly contribute to the conservation of a sustainable global environment.

Society

Smart Value and Comfortable Living

サステナビリティ 社会 グラフ

As a leading company in the industry, we are committed to creating a workplace that takes into consideration the working environment of our employees. This supports our aim of providing a lasting supply of high-quality properties. We ensure that all employees have time to share the way of Star Mica and implement work smart using IT, etc. In this way, we maintain an open work environment, combining innovation and renovation. We also use the knowledge gained from our business activities to conduct activities that contribute to the academic field and nurture entrepreneurs.

Work-style initiatives

01

Corporate culture that fosters teamwork

To achieve an open and flat organizational culture as set out in our action guidelines, we limit the hierarchy of employees to three levels: directors, managers, and staff. We also organize various committees and projects, and we have a mechanism that allows for a free exchange of opinions beyond the boundaries of the department.

02

Using IT to realize smart work

Amid the simultaneously progressing low birthrate, aging population, and population decline, the government aims to maintain economic growth through initiatives such as the promotion of work-style reform. Japanese society is now at a major turning point. Since we are a small but specialized organization, each of our employees has a considerable workload. We are promoting the sharing of documents using cloud systems and remote work using mobile devices as we strive to enhance labor productivity. Our average overtime is 17.0 hours per month and we have a system that is flexible enough to allow for shortened working hours for those with responsibilities such as childcare and nursing care.

Skill development initiatives

01

Implementing various training programs

In our action guidelines, we view individual growth as depending on motivation and ambition, and we encourage our employees to continue learning. We have prepared a step-by-step curriculum that leads to skill development through various in-house training programs.

02

Introducing a 360-degree evaluation system

We have a 360-degree evaluation system through which all employees, including officers, receive feedback from multiple colleagues. This system provides a valuable opportunity for individual employees to gain insights.

03

Introducing a mentoring system

We have introduced a mentoring system to help employees get to know the climate and culture of the Company. Mentors are not limited to senior employees from the department to which they are assigned. Instead, they include employees from a range of departments so that a wide range of perspectives can be presented. We also provide continuous guidance to our employees so that they can become not only employees of the Company but also useful members of society.

For more information on our employee development initiatives, please refer to results of the overview and duration of skill development training for employees section in 3-2 of “Sustainability Initiatives”.

Health and safety initiatives

We have worked with a healthcare services company to introduce an employee program that can be used as part of health promotion. Subscribers gain access to services such as obtaining a second opinion from a physician and finding a hospital.

Safety confirmation service

We have introduced a service to prepare for the event of a major disaster, which could happen at any time. We believe this will contribute to the psychological safety of employees in the event of a disaster.

Governance

Structure to supply the article of the high quality to by consideration to governance and labor circumstances having high transparency.

Outside directors

Of the Company’s directors, three of them who are Audit & Supervisory Committee members are outside directors. They contribute to strengthening our corporate governance from an external perspective, including by attending the meetings of the Board of Directors. Outside directors who are Audit & Supervisory Committee members, internal audit staff, and Accounting Auditors work together as necessary, exchanging opinions and sharing information to enhance the effectiveness of operations.

Nomination & Remuneration Committee

Of the Company’s directors, three of them who are Audit & Supervisory Committee members are outside directors. They contribute to strengthening our corporate governance from an external perspective, including by attending the meetings of the Board of Directors. Outside directors who are Audit & Supervisory Committee members, internal audit staff, and Accounting Auditors work together as necessary, exchanging opinions and sharing information to enhance the effectiveness of operations.

Introduction and operation of an internal whistleblowing system.
In compliance with the Whistleblower Protection Act, the Company has set up internal and external contact points to receive reports from all Group employees with guaranteed anonymity.

High compliance awareness

We have established the “STARMICA way”. as our action guidelines for all employees, which consists of 10 principles. It was developed from employee surveys and helps to foster a culture of respect for individual dignity and respect for others. In addition, we provide a forum for all employees and management to discuss management strategies at quarterly Town Meetings. We are working to create a system that allows all employees to recognize and share the direction in which the Group is headed. Because we are a company that brings together people from diverse industries, we believe that it is necessary to spread the culture and values that are unique to the Star Mica Group. Fostering an awareness of compliance is one way to do this.
We are also working to prevent all forms of harassment from occurring. This includes removing from our personal goals and assessments the personal quotas and excessive performance rewards that are common in the industry. In addition to our internal whistleblowing system, our Compliance Rules stipulate a duty to report any suspected violation of laws and regulations as soon as one becomes aware of them. We believe that this contributes to curbing not only serious violations but also minor ones.