Ryohin Keikaku and Sustainability
Ryohin Keikaku has been selected for inclusion in five out of the six ESG investment indexes adopted by the Government Pension Investment Fund (GPIF) for domestic equities.

The MSCI Japan ESG Select Leaders Index comprises Japanese companies that have received outstanding ESG evaluations in their respective industries from MSCI, a U.S.-based company.1
MSCI Japan ESG Select Leaders Index

The FTSE4Good Index Series comprises companies selected by FTSE Russell of the U.K. For inclusion in the index, companies must demonstrate strong performance and meet various evaluation criteria in terms of ESG practices. These criteria are made based on international standards including the United Nations Sustainable Development Goals (SDGs).
FTSE4Good Index SeriesFTSE Blossom Japan Index Series
The S&P/JPX Carbon Efficient Index is an index developed by S&P Dow Jones Indices to measure the performance of companies in the Tokyo Stock Price Index (TOPIX) and comprises companies that excel in environmental information disclosure and carbon efficiency (carbon emissions per unit of revenue).
S&P/JPX Carbon Efficient Index
The Morningstar Japan ex-REIT Gender Diversity Tilt Index is an index developed by Morningstar using Equileap’s Gender Equality Score and comprises companies that have outstanding gender diversity initiatives.2
Morningstar Japan ex-REIT Gender Diversity Tilt Index (GenDi J)
CDP is an international NGO that collects, analyzes and evaluates information on the environmental initiatives of major companies worldwide. Ryohin Keikaku has been awarded a B rating in the area of addressing climate change, an A- rating for rating for water security and a B- rating for forest-related initiatives . (Ratings range from D- to A, across eight levels.)
CDP
MSCI ESG Ratings are a globally recognized benchmark provided by MSCI ESG Research for ESG investments. Companies are assessed on a seven-point scale, from the highest rating of AAA to the lowest rating of CCC, based on industry-specific risks and their ability to manage those risks. Ryohin Keikaku received an A rating in 2024.1
MSCI
Ryohin Keikaku Co., Ltd. has been selected as an SX Brand 2025 by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE). This is the first time for the Company to be selected for the award. SX Brands are companies that strive to enhance corporate value by generating sustainable growth capital based on the concept of “sustainability transformation” (SX), while undertaking management and business reforms with a focus on capital efficiency.
SX Brands 2025 (METI)

Ryohin Keikaku was recognized for its efforts in timely information disclosure, enriched events, and initiatives targeting individual investors, and received the IR Special Award and Most Liked! IR Award in the 2025 IR Awards program sponsored by the Japan Investor Relations Association (JIRA).
2025 IR AwardsRyohin Keikaku was ranked first for the third consecutive year in the Japan Sustainable Brands Index, a brand survey conducted by Sustainable Brands Japan.
2024 Japan Sustainable Brands Index
Ryohin Keikaku’s corporate website was ranked Grade A in the 2024 Ranking of Corporate Websites in All Markets conducted by Nikko Investor Relations Co., Ltd.
2024 Ranking of Corporate Websites1. The inclusion of Ryohin Keikaku Co., Ltd. in the MSCI Index, as well as the use of MSCI’s logo, trademarks, service marks, or index names, does not constitute sponsorship, endorsement, or promotion of Ryohin Keikaku by MSCI or its affiliates. The MSCI Index is the exclusive property of MSCI. The index names and logos are trademarks or service marks of MSCI or its affiliates.
2. Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, "Morningstar") has authorized RYOHIN KEIKAKU CO. LTD., to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo ("Logo")to reflect the fact that, for the designated ranking year, RYOHIN KEIKAKU CO. LTD., ranks in the top quintile of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt IndexSM ("Index") on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by RYOHIN KEIKAKU CO. LTD., solely for informational purposes. RYOHIN KEIKAKU CO. LTD., use of the Logo should not be construed as an endorsement by Morningstar of RYOHIN KEIKAKU CO. LTD., or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with RYOHIN KEIKAKU CO. LTD., The Index is designed to reflect gender diversity in the workplace in Japan, but Morningstar does not guarantee the accuracy, completeness or timeliness of the Index or any data included in it. Morningstar makes no express or implied warranties regarding the Index or the Logo, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index, any data included in it or the Logo. Without limiting any of the foregoing, in no event shall Morningstar or any of its third party content providers have any liability for any damages (whether direct or indirect), arising from any party's use or reliance on the Index or the Logo, even if Morningstar is notified of the possibility of such damages. The Morningstar name, Index name and the Logo are the trademarks or services marks of Morningstar, Inc. Past performance is no guarantee of future results.