Mitsubishi HC Capital Introduces Rental Transfers to Foster Innovative Talent Development

Mitsubishi HC Capital's Innovative Approach to Talent Development

In a bold move to enhance its human capital, Mitsubishi HC Capital has recently introduced a program known as 'Rental Transfers'. This initiative allows employees to work at other companies while still being officially employed by Mitsubishi. Launched in April, the program has sent three employees to venture firms, aiming to foster innovative talent capable of driving organizational transformation and new business creation.

Understanding the 'Rental Transfers' Program

The concept behind the Rental Transfers is simple yet revolutionary. Employees participate in a fixed-term transfer to a different organization, exposing them to new business models and enabling them to experience different decision-making processes. This experience is designed not only to broaden their horizons but also to instill a sense of ownership over their careers. The philosophy driving this initiative emphasizes the importance of engaging with diverse perspectives and learning from challenges that one might not encounter in their everyday roles.

The leading figure of this initiative, Kazunobu Fujihira, the head of human resources at Mitsubishi HC Capital, articulated the company’s vision: “In line with our motto of 'rising together towards an unexplored future,' we aim for a transformation that transcends the traditional leasing business. The ability to encounter diverse values and perspectives through experiences beyond regular tasks adds immense value.” Fujihira elaborates, “We desire for our employees to embrace challenges in roles that they wouldn’t typically experience and to cultivate the skills needed to lead our organization towards innovation.”

The Trailblazers of Rental Transfers

The first three employees to embark on this innovative journey include:

- Takumi Yamaguchi (33) - Transferred to Future Space Transport Co., based in Chuo, Tokyo, led by CEO Kojiro Hatada.
- Tomoki Saito (32) - Assigned to F Vital Co., also located in Chuo, Tokyo, with Masumi Anjima as CEO.
- Yuki Maeda (30) - Taking his talents to After School NPO, headquartered in Bunkyo, Tokyo, with Kuniyasu Hiraiwa as Executive Director.

This diverse range of assignments highlights the emphasis on cross-industry experiences that can lead to the holistic development of the employees.

Looking Ahead: Supporting Organizations and Innovation

LoanDEAL, under the leadership of Miku Harada, continues to support the implementation of the Rental Transfers program. Their focus is on fostering an environment where corporate innovation is maximized by leveraging diversity and individual strengths. The long-term goal is to create an ecosystem where professionals can inspire each other across boundaries, ultimately leading to societal shifts fueled by collaborative challenges.

Upcoming Events: Learning Through Experience

In line with this initiative, LoanDEAL will host an online seminar titled 'Real Voices of Challengers' aimed at human resources professionals from large enterprises. Scheduled from May 28 to June 11, the seminar will dive into real-life instances of talent development and organizational transformation through venture experiences facilitated via the Rental Transfers program. Each session will feature speakers who have directly participated in cross-border experiences, along with their supervisors, discussing insights and tangible benefits derived from this innovative approach.

About LoanDEAL

Established in September 2015, LoanDEAL has positioned itself at the forefront of human resource development, innovation creation, and enhancing career autonomy. With 81 major companies including Nissan, The Ministry of Economy, Trade and Industry, and Nomura Securities, they have registered over 362 individuals in their Rental Transfers program. Their initiatives have gained recognition within the open innovation sector, winning the Special Award at Japan's inaugural Open Innovation Grand Prize in 2019. Other programs include outsight, aimed at mid-level management, and side projects that promote career autonomy utilizing 20% of work hours.

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