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

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
- Having no records of major legal violations;
- Being positioned within the top 500 applicants (in the large enterprise category) with the highest levels of KENKO Investment for Health;
- 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
- 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)
- List of selected enterprises under the 2025 KENKO Investment for Health Stock Selection (in Japanese)(PDF:71KB)
- Reference: TSE news release (in Japanese)
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
- Remarks by the organizer: Mr. Minami Ryo, Director-General for Commerce and Service Industry Policy, METI
- Remarks by the co-organizer: Mr. Kawai Hiroki, Senior Executive Officer, TSE
- Keynote speech: Mr. Shibusawa Ken, CEO, Shibusawa and Company, Inc.
- Speech by the presenter: Mr. Maezono Masakiyo, former member of the Japan National Football Team
- Announcement of selected enterprises under the 2025 KENKO Investment for Health Stock Selection
- Speech by the representative enterprise
- Congratulatory speech
- Photo session of all participants
Day 2: Outstanding Organizations of KENKO Investment for Health: 13:00 to 16:00
- Remarks by the organizer: Mr. Minami Ryo, Director-General for Commerce and Service Industry Policy, METI
- Remarks by the co-organizer: Mr. Hatakeyama Issei, Managing Director, the Japan Chamber of Commerce and Industry
- Remarks by the guest of honor: Mr. Kanuma Hitoshi, Director, Health Insurance Bureau, MHLW
- Announcement of recognized enterprises
- Presentation of certificates to the representative enterprises in the large-enterprise category and SME category
- Presentation of case examples and panel discussion in the large-enterprise category: “Effects and dissemination brought about by continuous efforts - exploring the prospects of KENKO Investment for Health”
- Dr. Iriyama Akie, Professor, Waseda Business School, Graduate School of Business and Finance, Waseda University
- Dr. Nagata Tomohisa, Associate Professor, Laboratory for Occupational Health Practice and Management, Institute of Industrial Ecological Sciences, University of Occupational and Environmental Health, Japan
- Mr. Takamoto Yoshio, Director and Managing Executive Officer, Higo Bank
- Ms. Inaoka Miho, Managing Director and General Director of the Occupational Health Headquarters, Junpukai Foundation
- Ms. Misu Akiko, freelance news anchor
- Presentation of case examples and panel discussion in the SME category: “KENKO Investment for Health as a program promoted by organizations”
- Dr. Ando Fumie, Professor, Faculty of Business, Nanzan University
- Mr. Muramatsu Kenji, Visiting Researcher, Healthcare Data Science Research Unit, Institute for Future Initiatives, the University of Tokyo
- Ms. Hueter Kaori, Managing Director, Hattori Co. Ltd.
- Ms. Muramatsu Naoko, Senior Managing Director, Shinko Protec Corporation
- Ms. Misu Akiko, freelance news anchor
Note: The term “KENKO Investment for Health” is a registered trademark of Nonprofit Organization Kenkokeiei.
Related Links
- Portal website for the Secretariat of the Recognition Program of the Outstanding Organizations of KENKO Investment for Health: ACTION! KENKO Investment for Health
- KENKO Investment for Health (in Japanese)
Division in Charge
Healthcare Industries Division, Commerce and Service Industry Policy Group