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Government Event Held at Tokyo Nutrition for Growth (N4G) Summit 2021: Workplace Health Investment as a Corporate Strategy - Potential of Health and Productivity Management

December 22, 2021

The Ministry of Economy, Trade and Industry (METI) held a government event at the Tokyo Nutrition for Growth (N4G) Summit 2021 on December 7, 2021. Titled "Workplace Health Investment as a Corporate Strategy - Potential of Health and Productivity Management," it included discussions on corporate strategy related to health investment and evaluations by stakeholders. Attendees included business leaders working on health and productivity management, investors, international organizations, and NGOs.

1. Outline of the event

Title:

Workplace Health Investment as a Corporate Strategy - Potential of Health and Productivity Management

Note: An archive video of the event is available until the end of February 2022 (tentative).

Date:

December 7, 2021 (Tue.), 15:00-16:30

Venue:

Online streaming

Organizer:

METI
Opening address by the organizer: Hagiuda Koichi, Minister of Economy, Trade and Industry

Lectures and panelists:

Moderator: Mr. Tanaka Kazushige, Deputy Director-General, Commerce and Service Industry Policy Group, METI

Outline of the program (PDF) (Profiles of the program and panelists (PDF:881KB)pdf)

2. Summary of the results

Click here for the discussion summary (PDF) (Summary of the results and OECD Background Document (PDF:825KB)PDFファイル)

Summary of comments by the panelists

Minister Hagiuda

Ms. Daisylyn T. Edades / Johnson & Johnson

Mr. Nishii Takaaki / Ajinomoto Co., Ltd.

Mr. Boris Moutier / AXA

Mr. Ulrik Vestergaard Knudsen / OECD

Mr. Lawrence Haddad / The Global Alliance for Improved Nutrition (NGO)

3. Future direction

METI will contribute to the improvement of global nutrition by promoting companies’ workplace health investment and disseminating Japan's “Health and Productivity Management” initiatives internationally.
In Japan, more than 50,000 companies self-declared their intention to make their workplaces healthier in 2020. METI aims to double the number of such companies to over 100,000 by 2025.
Also in 2020, 448 companies have disclosed the evaluation results related to their “Health and Productivity Management”. The aggregate market value of these companies was 249 trillion yen as of 15th June 2021, which is about one third of the total market value of public-listed companies in Japan. METI aims to increase this ratio to more than two thirds by 2025.

METI's commitment at the Nutrition for Growth Summit

Note: A commitment refers to the policy-related and financial intentions expressed by each stakeholder
Improving the value of companies which engage in the promotion of employees’ health, including nutrition, by enhancing “Health and Productivity Management”. The policy aims to do the following:
Doubling the number of companies self-declaring to make their workplaces healthier from 50,000 in 2020 to over 100,000 by 2025, and
Increasing the number of public-listed companies in Japan disclosing evaluation results related to their “Health and Productivity Management” by 2025, with an aim to make those companies’ aggregate market value more than two thirds of the total market value of public-listed companies.

4. Tokyo Nutrition for Growth Summit 2021 outcome document

5. Reference links

Division in Charge

Healthcare Industries Division, Commerce and Service Industry Policy Group