◆Human Capital Management, which is gaining momentum
The themes of “human capital” and “human capital management” have been gaining momentum in recent years, and on August 30 of this year, the Cabinet Secretariat released “Guidelines for Human Capital Visualization,” which has been covered in a variety of media. This guideline provides guidelines for disclosure of human capital for listed companies, but even for non-listed companies, the content of the guideline cannot be ignored as a reference for the future direction of corporate management.

◆Human capital activity of companies is about 30-40%
The Ministry of Economy, Trade and Industry (METI) defines “human capital management” as a management approach that views human resources as capital and maximizes their value to enhance long-term corporate value.
According to a survey on the topic of human capital management conducted by Recruit Co., Ltd. of 10,459 people working for companies, the percentage of people who feel that their current workplace is the optimal department assignment and who feel that their job assignment is such that their knowledge, skills, and experience can be utilized is about 30%, the percentage of people who can verbalize their knowledge, skills, and experience related to their current job and those who understand the knowledge, skills, and experience needed to improve the level of their current job was about 40%.
These results show that the current state of companies is far cry from human capital management, which is about maximizing the value of human resources.

◆Watch out for future developments!
In August, the “Human Capital Management Consortium” was established with the participation of the Ministry of Economy, Trade and Industry (METI) and the Financial Services Agency (FSA) as observers to share advanced cases of human capital management practices, discuss cooperation among companies, and study effective disclosure of information. We will keep a close watch on future developments.

Ministry of Economy, Trade and Industry “Report of the Study Group on Improvement of Sustainable Corporate Value and Human Capital
https://www.meti.go.jp/policy/economy/jinteki_shihon/pdf/20200930_2e.pdf