SX Brands 2024 Selected

1. Outline of SX Brand

SX is an initiative in which companies strive to improve long-term and sustainable corporate value by synchronizing the sustainability of society with that of itself while carrying out the necessary management and business reforms to achieve such synchronization.
METI and TSE have started a project for selecting and awarding as SX Brands a group of progressive companies that enhance their ability to create a source of funds for growth in a sustainable manner through SX to realize the improvement of corporate value.

We expect that, by publicizing SX Brands, outstanding companies’ progressive efforts for SX management will be disseminated among a wide range of other Japanese companies and that companies’ dialogues and engagement with investors inside and outside Japan will be further promoted, thereby not only expanding investment in Japan but also improving the evaluation of Japanese companies in capital markets.

2. Successful companies selected as SX Brands 2024

From October 2 to November 30, 2023, METI and TSE opened a call for TSE-listed companies to apply to become SX Brands 2024. We selected 15 companies as below from among the applicants as SX Brands 2024 based on the results of the examination by the SX Brand Evaluation Committee.
 

Sector	Code	Company Name
Foods	2802	Ajinomoto Co., Inc.
Electronic Appliances	6645	OMRON Corporation
Foods	2503	Kirin Holdings Company, Limited
Information & Communication	9433	KDDI CORPORATION
Pharmaceutical	4568	DAIICHI SANKYO COMPANY, LIMITED
Machinery	6367	DAIKIN INDUSTRIES, LTD.
Electronic Appliances	8035	Tokyo Electron Limited
Chemicals	4186	TOKYO OHKA KOGYO CO., LTD.
Air Transportation	9201	Japan Airlines Co., Ltd.
Electronic Appliances	6501	Hitachi, Ltd.
Chemicals	4901	FUJIFILM Holdings Corporation
Rubber Products	5108	BRIDGESTONE CORPORATION
Wholesale Trade	8031	MITSUI & CO., LTD.
Foods	2269	Meiji Holdings Co., Ltd.
Chemicals	8113	UNICHARM CORPORATION

Note: Successful companies are as of April 23, 2024.

3. SX Brands 2024 Report

METI and TSE aim to disseminate outstanding companies’ progressive efforts for SX among a wide range of other Japanese companies and further promote companies’ dialogues and engagement with investors inside and outside Japan, and to this end, we announced SX Brands 2024 and also prepared and published the SX Brands 2024 Report, which explains the selected companies’ efforts. An English translation of the SX Brands Report will be available by the day of the SX Symposium 2024.

4. Convening the SX Symposium 2024

The SX Symposium 2024 will be held on May 24, 2024. The symposium will provide a commendation ceremony for SX Brands 2024, presentations by selected companies, a panel discussion by investors and companies in Japan and the United States, and a networking event between participants and companies and investors.

• Application Form (moves to an external site)

Date and time: Friday, May 24, 2024; from 1:00 p.m. to 5:40 p.m. (tentative)
Venue: Iino Hall
Organizers: METI and TSE
Cooperator: Nikkei Inc.
Program (tentative):
- Opening remarks by organizers
- Awarding successful companies selected as SX Brands 2024
- Presentations by the selected companies
- Panel discussion by investors and companies in Japan and the United States (this event will be held under the framework of the Japan-U.S. Commercial and Industrial Partnership (JUCIP).)
- Networking event

Related Links

• SX Brands to be Established (February 10, 2023)
• Ito Review 3.0 (Ito Review SX Edition)
• Guidance for Integrated Corporate Disclosure and Company-Investor Dialogue for Collaborative Value Creation 2.0
• TSE news release

Division in Charge

- Corporate Accounting, Disclosure and CSR Policy Office, Economic and Industrial Policy Bureau
- Industrial Finance Division, Economic and Industrial Policy Bureau