Since June 2018, Nidec has been included as a constituent of the “FTSE4Good Index Series” made by global index provider FTSE Russell. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
In addition to conventional financial analysis, investment taking into account non-financial information such as the environment (E), society (S) and governance (G) is expanding. The main evaluations of Nidec’s business activities and IR activities are described here.
Inclusion on Social Responsibility Indexes (SRIs)
FTSE4Good Index Series
FTSE Blossom Japan Index
Since June 2018, Nidec has been included as a constituent of the “FTSE Blossom Japan Index” made by FTSE Russell. The FTSE Blossom Japan Index, which is designed as an industry neutral benchmark that reflects the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices in Japan, is selected as a target of ESG investment by the Government Pension Investment Fund (GPIF).
MSCI Japan Empowering Women (WIN)
Since 2017, Nidec has been part of the “MSCI Japan Empowering Women (WIN)” index, which includes companies selected out of top 500 brands in market capitalization ranking (the MSCI Japan IMI Top 500 Index) based on their gender-related diversity (promotion of women’s active participation in the workforce) in individual industries. WIN is part of the ESG investment by the Government Pension Investment Fund (GPIF) as well.
*THE INCLUSION OF NIDEC CORPORATION IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF NIDEC CORPORATION BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.
Awards and commendations
Nadeshiko Brand and Semi-Nadeshiko Brand
Nidec was selected as Nadeshiko Brand in FY2018 and Semi-Nadeshiko Brand in FY2020 by Japan’s Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE). The two organizations introduce publicly traded companies that excel in promoting women’s advancement as Nadeshiko Brand to investors who place importance on “mid- and long-term increase in corporate values.” In this branding that started in FY2012, the METI and the TSE jointly select and announce public companies that are excellent at promoting women’s advancement by introducing those companies to investors as attractive brands, aiming to promote investment in companies and expedite their business activities. In FY2018, 42 companies were selected out of the entire group of approximately 3,600 listed companies as Nadeshiko Brands (The electric machinery and equipment industry saw Nidec and three other companies selected as Nadeshiko Brand companies). Also, METI and TSE select Semi-Nadeshiko Brand among all industries depending on evaluation scores. In FY2020, 19 companies including Nidec were selected.
In the first “ESG brands” selection in 2012 at the Tokyo Stock Exchange, which identifies themed brands for individual investors based on specific themes and indexes, Nidec was selected as a “company that contributes to society with its globally accepted products and technologies to secure stable employment and sustainable growth, while, via the development and supply of its highly environmentally friendly motors, attempting to reduce environmental burden and hire and train employees to become active globally.
Nidec receives three-star “eruboshi” status
Nidec received a three-star rating (highest level) of “eruboshi” status granted by the Minister of Health, Labour and Welfare to companies with excellent efforts related to the promotion of women’s participation and advancement in the workplace. This three-level system ranks companies based on five criteria of assessment, i.e., (i) staffing; (ii) continued employment; (iii) how to work during work hours, etc.; (iv) management-to-workforce ratio; and (v) diversity of career courses.
Evaluation of IR Disclosure
Gomez IR Site Ranking Bronze Award
Nidec received a Bronze Award in the overall “Gomez IR Site Ranking 2018” published by Morningstar Japan K.K. In the electrical equipment industry ranking, the Company was ranked 17th.
Daiwa IR Internet IR Commendation Award 2017
Nidec received the Commendation Award in the “2017 Internet IR Award 2017” by Daiwa Investor Relations Co., Ltd.
Nikko IR All Japanese Listed Companies' Website Ranking
Nidec’s site was selected as a grade AA site in the annual survey of all Japanese listed companies’ websites conducted by Nikko Investor Relations Co., Ltd. In FY2018. The results of the ranking are employed as one of the indicators for the item on Disclosure and Website Quality in the Nikkei's Corporate Governance Evaluation System (NEEDS-Cges).
Award for Excellence in Corporate Disclosure
In October 2019, Nidec was selected as an excellent company (ranked 2nd in Japan) in the section on Disclosure to Individual Investors in the 2019 Awards for Excellence in Corporate Disclosure granted by the Securities Analysts Association of Japan.