Daily BriefsJapan

Japan: Tokyo Stock Exchange Tokyo Price Index Topix and more

In today’s briefing:

  • Profit or ESG Should Not Be Prioritized, but ESG Should Be Aligned with Business Strategy

Profit or ESG Should Not Be Prioritized, but ESG Should Be Aligned with Business Strategy

By Aki Matsumoto

  • I will discuss the Nikkei article, “The Ukraine crisis has triggered a conflict of interest between companies and the government, whose ESG values have become increasingly prevalent in business management.”
  • As far as this issue is concerned, a company’s management strategy is not made from the perspective of ESG, an area where some special values exist.
  • Management implements business strategies to maximize the company’s corporate value, sustainable growth, and shareholder returns over the long term. Needless to say, this objective includes ESG.

Before it’s here, it’s on Smartkarma