Daiwa Securities : Full Report, single-page view (for printing)
11/17/2022 | 10:09pm EST
Integrated Report 2022
Year ended March 31, 2022
Take on new challenges
From savings to SDGs
Contents
Editorial Policy
Daiwa's Value
History of Daiwa Securities Group as a Pioneer
Corporate Principles of Daiwa Securities Group
Corporate History
Daiwa Securities Group Value Creation Model
Daiwa Securities Group Approach to Human Capital
Financial Highlights/Non-financial Highlights
Business Portfolio and Medium-Term Management Plan
16 Vision & Strategy
Vision 2030-From Savings to SDGs-
Roadmap for Achieving Vision 2030
Progress of Vision 2030
Process of Formulating Vision 2030
Sustainability Promotion Structure
Risks and Opportunities
Message from the CEO
Message from the COO
Daiwa Securities Group Vision and Strategy
Messages from Outside Directors
Message from the CFO
49 Diversity & Inclusion (Human Capital)
Taking on the New Challenge of Creating Workplaces That Foster Innovation through Diversity
Message from the Head of Human Resources
62 100 years of life
62 Taking on the New Challenge of Solving Customer Issues
Message from the Head of Retail
Japan Post Bank Starts Handling Fund Wraps
72 Innovation
Taking on the New Challenge of Creating New Value
Dialogue on Innovation I:
Outside Director (Murakami) × Deputy President (Tashiro)
76 Message from the CIO
83 Dialogue on Innovation II:
Chairman of ACA (Azuma) × Deputy President (Ogino)
86 Green & Social
86 Taking on the New Challenge of Solving Social Issues
93 Carbon Neutrality Initiatives
98 Response to Climate Change
-disclosure based on the TCFD recommendations 2022
Foundation of sustainable management
Message from the Chairperson of the Board
Nominating Committee Report
Audit Committee Report
Compensation Committee Report
Executive Compensation
Directors (Members of the Board)
Corporate Executive Officers
Corporate Governance
Risk Management
IT Strategy and the Management of Systems Risk
Compliance
Tax Policy
Messages from Corporate Executive Officers
Stakeholder Engagement
136 Financial Section
138 Retail Division
140 Wholesale Division
142 Asset Management Division
Investment Division
Other
Key Financial Data
148 Key Non-financial Data
150 Management's Discussion and Analysis
160 Consolidated Financial Statements
308 Other Information
Officers
Daiwa Securities Group Inc. Corporate Data
309 Stock Information
ESG Index Selection
Daiwa Securities Group Inc. has been selected for inclusion in the following indexes. In addition to the Dow Jones Sustainability World Index and the FTSE4Good Index, it is included in all the domestic ESG stock indexes selected by Government Pension Investment Fund (GPIF): the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Japan ESG Select Leaders Index, the MSCI Japan Empowering Women Index, and the S&P/JPX Carbon Efficient Index.
Forward-Looking Statements
This Integrated Report contains forward-looking statements about the Daiwa Securities Group. You can identify these statements by the fact that they do not relate strictly to historic or current facts. These statements discuss future expectations, identify strategies, contain projections of results of operations or of financial condition, or state other "forward-looking" information. These statements are based on currently available information and represent the beliefs of the management of the Daiwa Securities Group. These statements are subject to numerous risks and uncertainties that could cause the Daiwa Securities Group's actual results, performance, achievements or financial condition to differ materially from those described or implied in the forward-looking statements. The Daiwa Securities Group undertakes no obligation to publicly update any forward-looking statements after the date of issuance of this report. These potential risks and uncertainties include, but are not limited to: competition within the financial services industries in Japan and overseas, our ability to adjust our business focus and to maintain profitable strategic alliances, volatile and sudden movements in the international securities markets, and foreign exchange and global economic situations affecting the Daiwa Securities Group. "FY2021" refers to the fiscal year ended March 31, 2022, and other fiscal years are referred to in a corresponding manner.
In the event that any material corrections are made to the content of the Integrated Report, an erratum will be posted on the Group's website.
Publication of Daiwa Securities Group Integrated Report 2022
Daiwa Securities Group marked its 120th anniversary in May 2022. I would like to express my heartfelt gratitude to our shareholders and other stakeholders, recognizing that reaching this milestone was only possible because of your support.
FY2022 is the second year of Vision 2030, which shows the kind of company we are aiming to be in 2030, and of the Medium-Term Management Plan "Passion for the Best" 2023, covering the first three years of that period.
Based on the Corporate Principles, which consist of four components-"building trust," "placing importance on personnel," "contributing to society," and "maintaining healthy earnings results"-the Group is working to implement the Vision 2030 and Medium-Term Management Plan while continuously enhancing corporate value. To deepen understanding of the corporate activities the Group is undertaking and to generate value together with all of our stakeholders, we have created this Integrated Report as a tool for dialogue.
Integrated Report 2022 showcases the Group's initiatives and progress with regard to our Materiality from both financial and non-financial perspectives. In addition, in line with the Group's emphasis on human capital, rooted in the conviction that the capabilities of our employees are the source of our competitiveness, the Report discusses how initiatives such as the pursuit of job satisfaction and measures to increase engagement and productivity will lead to the enhancement of corporate value, bringing in the voices of employees.
Aside from financial information, the Group places high value on active dialogue with investors and stakeholders through the disclosure of non-financial information essential to enhancing medium- to long-term corporate value. Based on feedback regarding last year's Integrated Report 2021 and other advice received through dialogue with stakeholders, we sought to enhance the content of Integrated Report 2022 to make it an even more useful tool for investors and stakeholders.
Detailed ESG-related data and other information are available on our website. I would appreciate it if you would provide us with your opinions on this report, and would like to ask for your continued support.
With the aim of communicating the history, current, and future value creation activities of Daiwa Securities Group to stakeholders in an easy-to-understand manner, we have selected information on important points and efforts over the last year. In identifying information to be presented as well as the composition of the Report, we referred to the Guidance for Integrated Corporate Disclosure and Company- Investor Dialogues for Collaborative Value Creation produced by the Ministry of Economy, Trade and Industry and the International Integrated Reporting Framework of the IFRS Foundation.
*1 Documents systematically stipulated under the Companies Act, Financial Instruments and Exchange Law, etc. *2 Detailed ESG-related data and other information are available on our SDGs website.
Daiwa Securities Group was established with the aim of becoming a full-fledged bill broker*. Since starting up operations, the company built up a position in the market by seeking to grow the business based on its proprietary accounts, procuring funds from the call market and buying bills. The ability to raise adequate funds directly from the call market led to Daiwa Securities' later independence from any bank.
* A buyer and seller of bills of exchange
Foundation of
Financial Section /
100 years of life
Innovation
Green & Social
sustainable management
Other Information
03
GranTokyo North Tower (from 2007)
Former Gofukubashi Head Office building (1956-2007)
Solar farm (Ozu, Kumamoto Prefecture)
Bell pepper cultivation site
(Smart Agriculture IWATA)
2022
A financial and capital market pioneer that creates the future
Over the course of its long history, the Daiwa Securities Group has repeatedly experienced major swings and turmoil in the economic environment and in the financial markets. Nonetheless, we have maintained and grown the business by always adapting to the changing times. Today, as a comprehensive securities group with a hybrid business model, the Group continues to expand the business portfolio with a series of flourishing hybrid businesses, including the real estate asset management business, investment in renewable energy, and entry into the agricultural business.
This is an excerpt of the original content. To continue reading it, access the original document here.
Daiwa Securities Group Inc. published this content on 18 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2022 03:08:01 UTC.