Human capital strategy(Message from the Chief Human Resources Officer)

Our Corporate Philosophy and human capital strategy

The Sawai Group conducts its business activities under the corporate philosophy of “Dedicated to building a healthier future for all.” In particular, in the generic drug business, each and every employee works diligently in his or her daily duties to realize Sawai's philosophy, “Always putting patients first.”

Society exists today in what is called the VUCA era (volatility, uncertainty, complexity, and ambiguity), and social conditions and business environments are changing in more complex and rapid ways than ever before. More and more often, conventional wisdom and success stories do not always apply to the situation at hand, and corporate management must adapt flexibly and promptly to these situations.

In times like these, the foundation that supports sustainable corporate growth is people. To us, each and every member of the Sawai Group contributes to greater value, and we believe that integrating human capital with management strategies is essential for future corporate growth.

To this end, the Sawai Group is focused on building facilitative work environments in which employees can maximize their abilities by promoting flexible work styles, enhancing training and education programs to support career development, and promoting ID&E^*. While actively supporting the growth of our employees, we also expect our employees not to be satisfied with the status quo, but to always find new perspectives on issues and be willing to take on challenges for improvement.

For example, in the extremely important area for a pharmaceutical company of standard operating procedure (SOP) compliance work, it is essential not only to comply with laws and regulations but also to be constantly reviewing daily tasks for improvement to embody our corporate philosophy of “Always putting patients first.” To do this, they must constantly pursue self-improvement, including of their own capabilities. As a company, we continue to provide an environment and opportunities to support employee growth, but the attitude of self-discipline and proactivity for ongoing learning ultimately depend on individual mindsets.

We see human resource development as something at the very core of our corporate existence and will continue to build and strengthen this mechanism. Our aim is to ensure employees grow alongside the Company by creating an environment in which all employees can perform at their best and each individual can thrive and be empowered.

• *An abbreviation for inclusion, diversity, and equity. We stipulate policies that focus on understanding and accepting differences in each person’s background (race, nationality, gender, age, etc.) (inclusion), leveraging talent regardless of background (diversity), and treating all employees (equity) impartially.

Striving to realize the objectives of “Beyond 2027,” our medium-term business plan

The Sawai Group Vision 2030 establishes a future vision to be achieved in fiscal 2030, whereas “Beyond 2027,” our medium-term business plan, lays out a concrete path toward achieving this vision through 2027. By 2030, we aim to secure a production capacity of more than 25 billion tablets, and by providing a stable supply of products of higher quality and superior formulation technology, we aim to make many patient-first achievements and contribute to the health and security of society as a whole. Through these efforts, we believe that the Group’s revenue will also reach ¥300 billion.

To meet this target, it is essential to raise the level of key operational areas such as R&D, quality control, and quality assurance. Furthermore, with the recent declining birthrate and aging population in Japan, securing human resources and supporting the growth of each individual will become more important than ever before to underpin these efforts. However, we are actively recruiting not only new graduates but also mid-career employees, and by welcoming new colleagues with diverse backgrounds, we are building a system that enables us to provide a stable supply of pharmaceutical products of superior quality.

We are also actively working to become an attractive and motivating employer so that people will choose our Group among many others. Human resource policies include: (1) promotion of dialogue between management and employees through a series of town hall meetings held at all business sites, (2) implementation of semi-annual employee engagement surveys and development of improvement measures based on the results, (3) an internal recruitment system to balance employees’ own career plans with the company’s needs, (4) establishment of a new childcare leave system to help employees balance work and childcare, (5) consideration of introducing a remote work system to support employees’ living environments, (6) expansion of hiring of employees with disabilities through job development, and (7) cultivating female leaders in partnership with their superiors. Through these efforts, we are focusing on creating an environment in which each employee is motivated and can maximize their abilities. Going forward, we will actively seek new, ambitious human resource policies beyond conventional frameworks, aiming to become a more attractive employer.

The Group is also committed to promoting ID&E. Though we are currently putting particular emphasis on the active engagement of women, we also respect all kinds of diversity, including race, nationality, gender, and age, and aim to create a work environment in which all employees can accept each other and maximize their individual abilities.

Human resources are the source of a company’s competitiveness

We will continue to cherish the Sawai Pharmaceutical Corporate Philosophy of “Always putting patients first,” while keeping in mind the our core message of wholeheartedness, challenge, and aspiration as espoused in our Sawai Group Mind that all our Group employees uphold as we strive to always contribute to society. We will also continue to work tirelessly to create an environment in which all employees can maximize their abilities and thrive. Our firm belief is that human resources are the source of the Group's sustainable corporate competitiveness. The growth and challenge of each employee is the driving force that will pave the way for the future of the company and meet the expectations of more patients and society at large. The Group, together with all of its employees, will continue to work to bring about a society in which everyone can live healthy lives and have peace of mind.

Human capital strategy to enhance corporate value