Panarit Co., Ltd.
Started capital and business alliance with Panarit and Mynavi. Promoting the utilization of personnel data essential for human capital management
Panalit provides an analysis tool “Panalit” that easily visualizes about 100 types of KPI (key personnel indicators) that represent human capital with no code simply by linking with all existing personnel systems such as personnel and payroll.・Group Co., Ltd. (Headquarters in Meguro-ku, Tokyo; CEO: Daniel J. West; hereinafter referred to as “our company”) has invested from Mynavi Co., Ltd. (Headquarters in Chiyoda-ku, Tokyo; President and CEO Yoshiaki Tsuchiya; hereinafter referred to as Mynavi). and start a capital and business alliance. With this investment, the cumulative procurement amount is 730 million yen.
With this, we will accelerate the business of the personnel data utilization platform that we have been providing for some time and support the promotion of human capital management of Japanese companies.
With the US Securities and Exchange Commission (SEC) mandating the disclosure of information on human capital and the publication of the Ito Report on Human Resources, “Human Capital Management” is now becoming a trend word that many managers are aware of. This is a new way of management that regards the knowledge and skills of employees as “capital” rather than “costs” and invests in them, leading to sustainable improvements in corporate value.
The first step in human capital management is for management and all related departments to accurately understand human capital. By becoming able to quantitatively understand human capital (developing the infrastructure for it), we will be able to make decisions about constant management and personnel policies/systems, which used to depend on intuition and experience, in line with business strategies. , you will be able to make objective decisions based on numbers. For this reason, coupled with the spread of interest in human capital management, there is a rapid increase in attention to the utilization, integration and visualization of personnel data, and the need for infrastructure development to promote these. In addition, as the importance of human capital in evaluating corporate value increases, there has been vigorous discussion not only on the use of personnel data, but also on how information should be disclosed.
Panarit works with various personnel systems currently used by companies, extracts data, processes/cleanses data in an appropriate manner, and includes personnel indicators such as those recommended by ISO30414, the Ito Report, and the Corporate Governance Code. , a system that automatically generates about 100 types of important personnel indicators that promote understanding of the company from the perspective of “people.”
In Japan, human resource management has become more important than ever in recent years due to changes in the social / economic environment such as globalization, diversity, remote work, declining birthrate and aging population, and the acceleration of “work style reform”. By promoting the use of HR data and decision-making based on data, Panarit supports management so that it can make optimal decisions based on evidence rather than experience and intuition in response to the above changes and issues. We hope that this business alliance with Mynavi will help spread awareness and help companies in this era of change to further develop human resource management with the power of data.
◼ Comment from Mr. Shunsuke Suyama, General Manager, Innovation Promotion Section, Corporate Planning Division, Mynavi Co., Ltd. I would like to take this opportunity to thank you for your
relationship with Panarit. We have been supporting the recruitment and training of companies mainly in the HR area, but in the future, we will work in areas such as human capital disclosure and people analytics through collaboration with Panarit to create new value. I shall go. I am already looking forward to working with Panarit! ◼ Comment from Takako Ogawa, CEO of Panarit Co., Ltd.
Panarit was founded in Singapore in 2017, and has been improving the product while proceeding with introduction trials in multiple Asian countries. In the process, we felt the potential for future
development in the Japanese market, and in 2019 we established a Japanese branch office as our first overseas base, and last year we moved our headquarters to Japan and have been growing our business in Japan.
In addition, the government has announced a policy to require companies to disclose human capital information from the fiscal year ending March 31, 2023 at the earliest. With the presentation of the “Human Capital Visualization Guidelines” by the association, I feel that the atmosphere is gradually fostering that “data utilization is essential for human capital management.”
At this time when new markets are emerging, we feel that being able to access Mynavi’s network and know-how will be the best boost for our business. With this investment, we will strengthen cooperation in terms of sales and marketing, actively absorb insights from customers, create products that are more suitable for the market, and grow into an even more reliable service. I hope so.
■ What is the Human Resources Chart (R) provided by Panarit? [Image 2
Personnel chart (product)
In human capital management, it is essential to understand the current situation and goals based on data, verify hypotheses, and implement measures, that is, human resource index (KPI) management. However, generating and analyzing accurate personnel indicators usually requires a huge amount of man-hours, such as integrating and processing data from multiple separate personnel systems such as personnel salary, evaluation, attendance management, recruitment management, and surveys. is required. As a result, it was difficult to obtain timely figures using conventional tools and methods.
By simply connecting to the existing HR system, Panarit realizes data linkage, correction, and accumulation, calculation of indicators, visualization, and comparison without burden on the site, so that it can be instantly referred to at the time of decision-making in management, personnel, and the site. Real-time access enables better business decisions and human capital disclosure for companies. https://panalyt.jp/
◼ Company Profile
Company name: Mynavi Co., Ltd.
Location: 1-1-1 Hitotsubashi, Chiyoda-ku, Tokyo
Representative: Yoshiaki Tsuchiya, Representative Director and President Established: August 15, 1973
Capital: 2,102,100,000 yen
Business content (partial):
(1) Newspaper publishing and publishing business and electronic publishing business
(2) Provision of employment information and consulting related to recruitment and recruitment activities
(3) Publicity, advertising, PR business
(4) Worker dispatch business
(5) Paid employment placement business
(6) Planning, drafting, and implementing events such as seminars, lectures, workshops, etc.
(7) Human resource development, corporate management consulting, education and training
(8) Providing information on entering high schools, universities, vocational schools, etc., and consulting on student recruitment Reference: https://www.mynavi.jp/company/overview/
Company name: Panarit Group Co., Ltd.
(Business corporation: Panarit Co., Ltd.)
Location: 2-5-24 Minami, Meguro-ku, Tokyo
Established: April 12, 2021
(Panalit Co., Ltd. September 2019)
Representative: CEO Daniel J. West
(Takako Ogawa, Panarit Co., Ltd.)
Providing an analysis tool “Panalit” that visualizes important personnel indicators that represent human capital without code URL: https://panalyt.jp/
Received the Excellence Award in the Analytics Service Category of the 5th HR Technology Awards sponsored by the Ministry of Economy, Trade and Industry.
Selected for Weekly Toyo Keizai “Amazing Venture 100” released in September 2022.
Details about this release:
One thought on “Funding Bulletin Panarit and Mynavi start a capital and business alliance. Promoting the utilization of personnel data essential for human capital management”
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