1. Outline of the Nadeshiko Brands

The Nadeshiko Brand is an initiative aiming to introduce certain TSE-listed enterprises that are outstanding in terms of encouraging women’s success in the workplace as attractive stocks to investors who place emphasis on improving corporate value in the mid- and long-term, thereby further enhancing the interests of investors in such outstanding enterprises and accelerating efforts to encourage women’s success in the workplace.

METI and the TSE assessed approximately 3,600 enterprises listed in all TSE sections by scoring them based on their efforts to advance diversity management to improve corporate value and the level of information disclosures concerning the efforts. Following this, they selected 46 high-scoring enterprises from a variety of industries as Nadeshiko Brands.

In the FY2019 initiative, in particular, with the goal of encouraging enterprises to further promote female workers to positions as members of boards of directors, they highly scored enterprises that have multiple female board members and also doubled from the level in the FY2018 scoring scheme for the “reform of corporate governance,” taking into consideration the importance of enhancing the supervisory functions of boards of directors.

Moreover, METI and the TSE selected enterprises as Semi-Nadeshiko Brands out of the high-scoring enterprises that have been ranked at the top level among all candidate enterprises but have not been selected as Nadeshiko Brands. These enterprises are selected regardless of the industry to which they belong.

Notes:
1. In the Nadeshiko Brand initiative, enterprises which have answered the Survey on Enterprises Encouraging Women’s Success in the Workplace will be assessed based on certain criteria, e.g., screening requirements and scoring criteria for measuring women’s success in the workplace. Outstanding enterprises will be selected as Nadeshiko Brands if they are high-scoring enterprises in the predetermined selection block for the industry to which they belong and if [i] they have received scores equivalent to 85% or more of the top-scoring enterprise in the same industry and [ii] they have been ranked within the top 15% or higher among all candidate enterprises.
2. In the Semi-Nadeshiko Brand initiative, outstanding enterprises are selected as Semi-Nadeshiko Brands out of the high-scoring enterprises, regardless of the industry to which they belong, if they have been ranked within about the top 15% or higher among all candidate enterprises and if they have not been selected as Nadeshiko Brands.

2. Selected enterprises as Nadeshiko Brands or Semi-Nadeshiko Brands (in the order of securities code for industry category)

The securities code and name of selected Nadeshiko Brands are shown in pink, while those for the selected Semi-Nadeshiko Brands are shown in orange. For reference, the previous incidences of the enterprises being selected as the FY2019 Nadeshiko Brands are shown with a pink dot (●くろまる), while the FY2019 Semi-Nadeshiko Brands are shown with a white dot (○しろまる).

Type of industry	Securities code	Name of selected enterprise	Selected as Nadeshiko Brand
			H24	H25	H26	H27	H28	H29	H30
Fishery, agriculture and forestry, foods	2229	Calbee, Inc.	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
	2502	Asahi Group Holdings, Ltd.	●くろまる	●くろまる	●くろまる	●くろまる	○しろまる
	2914	Japan Tobacco Inc.	●くろまる	●くろまる
	2503	Kirin Holdings Company, Limited	○しろまる	●くろまる	●くろまる
	2579	Coca-Cola Bottlers Japan Holdings Inc.	○しろまる
	2802	Ajinomoto Co., Inc.	●くろまる	●くろまる
	2897	Nissin Foods Holdings Co., Ltd.	○しろまる
Mining, oil and coal products	5021	Cosmo Energy Holdings Co., Ltd.
Construction	1861	Kumagai Gumi Co., Ltd.
	1951	Kyowa Exeo Corporation
Textiles and apparel	3401	Teijin Ltd.	○しろまる	●くろまる	●くろまる
Pulp and paper	3708	Tokushu Tokai Paper Co., Ltd.
Chemicals	4204	Sekisui House, Ltd.	●くろまる	●くろまる
	4452	Kao Corporation	●くろまる	●くろまる	●くろまる	○しろまる
	4631	DIC Corporation	●くろまる
	4183	Mitsui Chemicals, Inc.	●くろまる
	4911	Shiseido Company, Limited
Pharmaceuticals	4578	Otsuka Holdings Co., Ltd.	○しろまる
Glass and clay products	5201	AGC Inc.	●くろまる	●くろまる
Iron and steel	5486	Hitachi Metals, Ltd.	●くろまる
Nonferrous metal	5801	Furukawa Electric Co., Ltd.	●くろまる
Metal products	5938	LIXIL Group Corporation	●くろまる	●くろまる	○しろまる	●くろまる	●くろまる
Machinery	6367	Daikin Industries, Ltd.	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
	6471	NSK Ltd.
Electrical equipment	6645	OMRON Corporation	●くろまる	●くろまる
	6856	HORIBA, Ltd.	●くろまる
	6702	Fujitsu Limited	●くろまる	○しろまる
	6724	Seiko Epson Corporation	●くろまる	●くろまる
Rubber products, transportation equipment	5108	Bridgestone Corporation	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
	7259	Aisin Seiki Co., Ltd.
Precision machines	7701	Shimadzu Corporation	●くろまる	●くろまる	●くろまる
Other Products	7911	Toppan Printing Co., Ltd.
	7912	Dai Nippon Printing Co., Ltd.	○しろまる
Electricity and gas	9531	Tokyo Gas Co., Ltd.	●くろまる	●くろまる	●くろまる
Land, marine and air transportation	9005	Tokyu Corporation	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
Marine transportation and air transportation	9101	NYK Line	●くろまる	●くろまる
Information and communications	4307	Nomura Research Institute, Ltd.	●くろまる	●くろまる	●くろまる
	9613	NTT DATA Corporation	○しろまる	○しろまる
	9719	SCSK Corporation	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
	4739	ITOCHU Techno-Solutions Corporation	○しろまる
	8056	Nihon Unisys, Ltd.	○しろまる
Wholesale trade	2768	Sojitz Corporation	●くろまる	●くろまる	●くろまる
	8031	Mitsui & Co., Ltd.	●くろまる	●くろまる	○しろまる	●くろまる	○しろまる
	8036	Hitachi High-Tech Corporation	●くろまる	●くろまる
Retail trade	8252	Marui Group Co., Ltd.	●くろまる	●くろまる
	8267	AEON Co., Ltd.	●くろまる	●くろまる
	3086	J. Front Retailing Co., Ltd.
Banking	8309	Sumitomo Mitsui Trust Holdings, Inc.	○しろまる
	8316	Sumitomo Mitsui Financial Group, Inc.	●くろまる	●くろまる	●くろまる	●くろまる
	8331	Chiba Bank, Ltd.	●くろまる	●くろまる
	8411	Mizuho Financial Group, Inc.	●くろまる	○しろまる	●くろまる	●くろまる
	8416	Bank of Kochi, Ltd.	○しろまる
Securities and commodities futures	8601	Daiwa Securities Group Inc.	●くろまる	●くろまる	●くろまる	●くろまる	●くろまる
Insurance, other financing business	8630	Sompo Holdings, Inc.	●くろまる	●くろまる
	8725	MS&AD Insurance Group Holdings, Inc.	○しろまる
	8439	Tokyo Century Corporation	●くろまる	○しろまる
	8591	ORIX Corporation	●くろまる	○しろまる
	8750	Dai-ichi Life Holdings, Inc.	●くろまる	●くろまる
	8766	Tokio Marine Holdings, Inc.	●くろまる	●くろまる	○しろまる	●くろまる	●くろまる
Real estate	3465	KI-Star Rear Estate Co., Ltd.	●くろまる
	8905	AEON MALL Co., Ltd.	●くろまる	●くろまる	●くろまる
Services	2375	GiG Works Inc.	●くろまる	●くろまる	●くろまる
	2378	Renaissance Incorporated
	2168	Pasona Group Inc.
	2196	Escrit Corporation

3. FY2019 Report on the Nadeshiko Brands

METI will publish the FY2019 Report on the Nadeshiko Brands on its website at a later date. This report explains “Noteworthy Enterprises,” which are outstanding enterprises that have been selected for advancing proven efforts for women’s success in the workplace, and contains a list called the “Nadeshiko Challenge List,” which is a list of other outstanding enterprises engaging in efforts for women’s success in the workplace and the current situations of their information disclosures.

References (in Japanese) :

• TSE: Release of the FY2019 Report on the Nadeshiko Brands Link
• METI: Nadeshiko Brands: Enterprises Outstanding in Terms of Encouraging Women’s Success in the Workplace
• Statement by METI Minister Kajiyama on the Selection of Nadeshiko Brands (PDF:131KB)PDF
• METI: New Diversity Management Selection 100 Program

Division in Charge

Economic and Social Policy Office, Economic and Industrial Policy Bureau