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53 Enterprises Selected under the 2025 KENKO Investment for Health Stock Selection

March 10, 2025

The Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) have jointly been selecting outstanding listed enterprises and recognizing them as brands under the KENKO Investment for Health Stock Selection. The enterprises are selected based on their participation in the KENKO Investment for Health initiative, in which enterprises focus on and strategically carry out efforts for the health of their employees and other workers from a management perspective. This program aims to introduce the selected enterprises as attractive investment options to investors who prioritize the improvement of corporate value from a long-term perspective in their investment portfolios. Through this effort, METI and TSE aim to encourage enterprises to further engage in the KENKO Investment for Health initiative.

The 2025 Selection is the 11th such selection, and on March 10, 2025, METI hereby announces that 53 enterprises in 29 industries were selected as brands for the 2025 KENKO Investment for Health Stock Selection.

KENKO Investment for Health 2025

1. Method for selecting enterprises under the 2025 KENKO Investment for Health Stock Selection

Prior to the final selection, METI conducted the FY2024 Survey on KENKO Investment for Health.*1 Based on the results of the survey, one enterprise per industry was selected*2 from listed companies within the top 500 applicants (in the large enterprise category) with the highest levels of success in KENKO Investment for Health.

*Note 1: The survey uncovered enterprises’ and other entities’ efforts for strategically implementing health management for their employees.

*Note 2: METI also selected enterprises in each industry that performed better than the average of the highest-ranking enterprises as recognized brands under the KENKO Investment for Health Stock Selection, while taking into account the criteria below. However, METI selected up to 5 enterprises in each industry.

Major selection criteria

  1. Having no records of major legal violations;
  2. Being positioned within the top 500 applicants (in the large enterprise category) with the highest levels of KENKO Investment for Health;
  3. Having an average ROE (return on equity) that is 0% or higher for the past three years or has not declined for the past three consecutive years; additional points to be given to enterprises with a high ROE; and
  4. Additional points to be given based on the assessment of whether they responded to the previous fiscal year’s survey, the degree of information disclosure to outside stakeholders, and the state of dialogue with investors.

2. List of the selected enterprises under the 2025 KENKO Investment for Health Stock Selection (53 enterprises in 29 industries, in the order of industry)

3. Outline of the 2025 KENKO Investment for Health Award

Date:
Tuesday, March 11, and Wednesday, March 12, 2025
Day 1 (March 11): KENKO Investment for Health Stock Selection: 13:00 to 15:00
Day 2 (March 12): Outstanding Organizations of KENKO Investment for Health: 13:00 to 16:00
Venue:
Iino Hall (4th floor, Iino Building, 1-1, Uchisaiwai-cho 2-chome, Chiyoda-ku, Tokyo)
Organizer:
METI
Co-organizers:
TSE and the Nippon Kenko Kaigi
Cooperators:
The Ministry of Health, Labour and Welfare (MHLW), and the Secretariat of the Recognition Program of the Outstanding Organizations of KENKO Investment for Health (Nikkei Inc.)

Program (tentative):

Day 1: KENKO Investment for Health Stock Selection: 13:00 to 15:00

Day 2: Outstanding Organizations of KENKO Investment for Health: 13:00 to 16:00

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Note: The term “KENKO Investment for Health” is a registered trademark of Nonprofit Organization Kenkokeiei.

Related Links

Division in Charge

Healthcare Industries Division, Commerce and Service Industry Policy Group