Nikkei 225

Japan · board diversity disclosure, 2024 baseline vs 2025–26 detection (OutQUORUM 2026 report cycle)

Read the Japan briefing — regulatory framework, what changed this cycle, and our guidelines →

Companies tracked

193

Filings read

54.9%

of companies’ 2025–26 filings located and read

Disclosing

38.3%

of companies disclose board-level diversity (2025–26 filings)

LGBTQ+-inclusive boards

51

companies naming LGBTQ+ people in board diversity disclosure, 2025–26

+51 vs 2024

Disclosure by dimension, 2024 → 2025–26

Each line connects the 2024 baseline (gray dot) to the 2025–26 detection — teal lines rose, red lines fell. Veteran status was not tracked in the 2024 baseline, so it shows a single point. Year-over-year declines can reflect changed disclosure practice or measurement differences — see trends and methodology.

Every company, on the record

 193 companies

TickerCompanyLGBTQ+ 2025–26Dims disclosed 2025–26Status
* Veteran Status was not tracked in 2024 — shown as N/A for 2024 baseline. All 2025 Yes values are GAINED. N/A 0 / 7 Unknown
1332 Nippon Suisan Kaisha No 3 / 7 Disclosing
1605 Inpex Holdings Yes 5 / 7 Disclosing
1721 COMSYS Holdings Yes 4 / 7 Disclosing
1801 Taisei N/A 0 / 7 Not Verified
1802 OBAYASHI N/A 0 / 7 Not Verified
1803 Shimizu Yes 2 / 7 Disclosing
1808 Haseko CorpShs Yes 4 / 7 Disclosing
1812 KAJIMA N/A 0 / 7 Not Verified
1925 Daiwa House Industry N/A 0 / 7 Not Verified
1928 Sekisui House Yes 4 / 7 Disclosing
1963 JGC No 3 / 7 Disclosing
2002 Nisshin Seifun Group N/A 0 / 7 Not Verified
2269 Meiji Holdings N/A 0 / 7 Not Verified
2282 NH Foods N/A 0 / 7 Not Verified
2432 DeNA N/A 0 / 7 Not Verified
2501 Sapporo Holdings No 0 / 7 No Disclosure
2502 Asahi Group Holdings Yes 6 / 7 Disclosing
2503 Kirin Holdings N/A 0 / 7 Not Verified
2768 Sojitz CorpShs No 0 / 7 No Disclosure
2801 Kikkoman N/A 0 / 7 Not Verified
2802 Ajinomoto No 4 / 7 Disclosing
2871 NICHIREI No 0 / 7 No Disclosure
2914 Japan Tobacco N/A 0 / 7 Not Verified
3086 J. FRONT RETAILING Yes 4 / 7 Disclosing
3099 Isetan Mitsukoshi Holdings No 1 / 7 Disclosing
3289 Tokyu Fudosan Holdings Yes 3 / 7 Disclosing
3382 Seven & i Holdings N/A 0 / 7 Not Verified
3401 Teijin No 3 / 7 Disclosing
3402 Toray Industries No 1 / 7 Disclosing
3405 Kuraray No 3 / 7 Disclosing
3407 Asahi Kasei No 1 / 7 General Only
3436 SUMCO CORPShs Yes 3 / 7 Disclosing
3861 Oji Holdings Corporation N/A 0 / 7 Not Verified
3863 Nippon Paper Industries N/A 0 / 7 Not Verified
4004 Showa Denko K.K. N/A 0 / 7 Not Verified
4005 Sumitomo Chemical No 3 / 7 Disclosing
4021 Nissan Chemical Industries No 3 / 7 Disclosing
4042 Tosoh N/A 0 / 7 Not Verified
4043 Tokuyama CorpShs No 0 / 7 No Disclosure
4061 Denka No 4 / 7 Disclosing
4063 Shin-Etsu Chemical N/A 0 / 7 Not Verified
4151 Kyowa Hakko Kogyo Yes 4 / 7 Disclosing
4183 Mitsui Chemicals N/A 0 / 7 Not Verified
4188 Mitsubishi Chemical Holdings CorpShs N/A 0 / 7 Not Verified
4208 UBE Industries N/A 0 / 7 Not Verified
4324 Dentsu N/A 0 / 7 Not Verified
4452 Kao Yes 4 / 7 Disclosing
4502 Takeda Pharmaceutical Yes 4 / 7 Disclosing
4503 Astellas Pharma N/A 0 / 7 Not Verified
4506 Sumitomo Dainippon Pharma N/A 0 / 7 Not Verified
4507 Shionogi No 0 / 7 No Disclosure
4519 Chugai Pharmaceutical Yes 4 / 7 Disclosing
4523 Eisai No 0 / 7 No Disclosure
4543 Terumo N/A 0 / 7 Not Verified
4568 DAIICHI SANKYO Yes 5 / 7 Disclosing
4578 Otsuka Holdings Yes 5 / 7 Disclosing
4689 Yahoo Japan N/A 0 / 7 Not Verified
4704 Trend Micro No 0 / 7 No Disclosure
4755 Rakuten No 0 / 7 No Disclosure
4901 Fujifilm Holdings No 0 / 7 No Disclosure
4902 Konica Minolta Holdings Yes 3 / 7 Disclosing
4911 Shiseido N/A 0 / 7 Not Verified
5020 JX Holdings No 1 / 7 General Only
5101 Yokohama Rubber N/A 0 / 7 Not Verified
5108 Bridgestone N/A 0 / 7 Not Verified
5201 Asahi Glass Yes 5 / 7 Disclosing
5214 Nippon Electric Glass N/A 0 / 7 Not Verified
5233 Taiheiyo Cement N/A 0 / 7 Not Verified
5301 Tokai Carbon No 3 / 7 Disclosing
5332 Toto Yes 4 / 7 Disclosing
5333 NGK Insulators N/A 0 / 7 Not Verified
5401 Nippon Steel & Sumitomo Metal Corporation N/A 0 / 7 Not Verified
5406 Kobe Steel N/A 0 / 7 Not Verified
5411 JFE Holdings N/A 0 / 7 Not Verified
5631 The Japan Steel Works LtdShs N/A 0 / 7 Not Verified
5706 Mitsui Mining and Smelting Yes 4 / 7 Disclosing
5711 Mitsubishi Materials N/A 0 / 7 Not Verified
5713 Sumitomo Metal Mining No 0 / 7 No Disclosure
5714 DOWA HOLDINGS Yes 4 / 7 Disclosing
5801 Furukawa Electric No 0 / 7 No Disclosure
5802 Sumitomo Electric Industries No 0 / 7 No Disclosure
5803 Fujikura N/A 0 / 7 Not Verified
6103 Okuma N/A 0 / 7 Not Verified
6113 Amada Yes 5 / 7 Disclosing
6301 Komatsu N/A 0 / 7 Not Verified
6302 SUMITOMO HEAVY INDUSTRIES N/A 0 / 7 Not Verified
6305 Hitachi Construction Machinery No 3 / 7 Disclosing
6326 Kubota No 0 / 7 No Disclosure
6361 Ebara N/A 0 / 7 Not Verified
6367 Daikin Industries No 3 / 7 Disclosing
6471 NSK No 0 / 7 No Disclosure
6472 NTN N/A 0 / 7 Not Verified
6473 JTEKT Yes 2 / 7 Disclosing
6479 Minebea No 3 / 7 Disclosing
6501 Hitachi No 0 / 7 No Disclosure
6503 Mitsubishi Electric N/A 0 / 7 Not Verified
6504 Fuji Electric N/A 0 / 7 Not Verified
6506 Yaskawa Electric No 3 / 7 Disclosing
6674 GS Yuasa Yes 4 / 7 Disclosing
6701 NEC Yes 2 / 7 Disclosing
6702 Fujitsu N/A 0 / 7 Not Verified
6752 Panasonic N/A 0 / 7 Not Verified
6758 Sony N/A 0 / 7 Not Verified
6762 TDK N/A 0 / 7 Not Verified
6770 Alps Electric N/A 0 / 7 Not Verified
6841 Yokogawa Electric N/A 0 / 7 Not Verified
6857 Advantest No 0 / 7 No Disclosure
6902 Denso N/A 0 / 7 Not Verified
6952 Casio Computer Yes 4 / 7 Disclosing
6954 FANUC CORPORATION N/A 0 / 7 Not Verified
6971 Kyocera Yes 4 / 7 Disclosing
6976 TAIYO YUDEN Yes 4 / 7 Disclosing
6988 Nitto Denko N/A 0 / 7 Not Verified
7004 Hitachi Zosen No 3 / 7 Disclosing
7011 Mitsubishi Heavy Industries Yes 5 / 7 Disclosing
7012 Kawasaki Heavy Industries Yes 4 / 7 Disclosing
7013 IHI Yes 5 / 7 Disclosing
7186 Concordia Financial Group Yes 4 / 7 Disclosing
7201 Nissan Motor N/A 0 / 7 Not Verified
7202 Isuzu Motors No 3 / 7 Disclosing
7203 Toyota Motor No 0 / 7 No Disclosure
7205 Hino Motors No 4 / 7 Disclosing
7211 Mitsubishi Motors Yes 4 / 7 Disclosing
7261 Mazda Motor N/A 0 / 7 Not Verified
7267 Honda Motor Yes 5 / 7 Disclosing
7269 Suzuki Motor N/A 0 / 7 Not Verified
7272 Yamaha Motor Yes 4 / 7 Disclosing
7731 Nikon No 0 / 7 No Disclosure
7733 Olympus N/A 0 / 7 Not Verified
7735 SCREEN Holdings No 1 / 7 General Only
7751 Canon N/A 0 / 7 Not Verified
7752 RICOH No 1 / 7 Disclosing
7762 Citizen Watch N/A 0 / 7 Not Verified
7911 Toppan Printing Yes 2 / 7 Disclosing
7912 Dai Nippon Printing N/A 0 / 7 Not Verified
7951 Yamaha No 3 / 7 Disclosing
8001 Itochu N/A 0 / 7 Not Verified
8002 Marubeni No 4 / 7 Disclosing
8015 TOYOTA TSUSHO CORPORATION Yes 4 / 7 Disclosing
8031 Mitsui N/A 0 / 7 Not Verified
8035 Tokyo Electron N/A 0 / 7 Not Verified
8053 Sumitomo N/A 0 / 7 Not Verified
8058 Mitsubishi N/A 0 / 7 Not Verified
8233 Takashimaya N/A 0 / 7 Not Verified
8252 MARUI GROUP Yes 2 / 7 Disclosing
8253 Credit Saison Yes 5 / 7 Disclosing
8267 Aeon N/A 0 / 7 Not Verified
8304 KK Aozora Ginko Shs N/A 0 / 7 Not Verified
8306 Mitsubishi UFJ Financial Group Yes 6 / 7 Disclosing
8308 Resona Holdings N/A 0 / 7 Not Verified
8309 Sumitomo Mitsui Trust Holdings Yes 2 / 7 Disclosing
8316 Sumitomo Mitsui Financial Group Yes 5 / 7 Disclosing
8331 Chiba Bank Yes 5 / 7 Disclosing
8354 Fukuoka Financial Group Yes 5 / 7 Disclosing
8411 Mizuho Financial Group N/A 0 / 7 Not Verified
8601 Daiwa Securities Group Yes 4 / 7 Disclosing
8604 Nomura Holdings N/A 0 / 7 Not Verified
8630 Sompo Holdings Yes 6 / 7 Disclosing
8725 MS&AD Insurance Group Holdings No 0 / 7 No Disclosure
8750 Dai-ichi Life Insurance Yes 5 / 7 Disclosing
8766 Tokio Marine Holdings No 0 / 7 No Disclosure
8795 T&D Holdings No 0 / 7 No Disclosure
8801 Mitsui Fudosan No 0 / 7 No Disclosure
8802 Mitsubishi Estate N/A 0 / 7 Not Verified
8804 Tokyo Tatemono Yes 5 / 7 Disclosing
8830 Sumitomo Realty & Development N/A 0 / 7 Not Verified
9001 TOBU RAILWAY N/A 0 / 7 Not Verified
9005 TOKYU No 0 / 7 No Disclosure
9007 Odakyu Electric Railway Yes 2 / 7 Disclosing
9008 Keio N/A 0 / 7 Not Verified
9009 Keisei Electric Railway N/A 0 / 7 Not Verified
9020 East Japan Railway N/A 0 / 7 Not Verified
9021 West Japan Railway Company N/A 0 / 7 Not Verified
9022 Central Japan Railway N/A 0 / 7 Not Verified
9064 Yamato Holdings No 1 / 7 General Only
9101 Nippon Yusen K.K N/A 0 / 7 Not Verified
9104 Mitsui O.S.K.Lines LtdShs No 0 / 7 No Disclosure
9107 Kawasaki Kisen Kaisha N/A 0 / 7 Not Verified
9202 ANA HOLDINGS Yes 4 / 7 Disclosing
9301 Mitsubishi Logistics No 0 / 7 No Disclosure
9432 Nippon Telegraph and Telephone No 0 / 7 No Disclosure
9433 KDDI Yes 6 / 7 Disclosing
9501 Tokyo Electric Power N/A 0 / 7 Not Verified
9502 Chubu Electric Power N/A 0 / 7 Not Verified
9503 The Kansai Electric Power N/A 0 / 7 Not Verified
9531 Tokyo Gas No 0 / 7 No Disclosure
9532 Osaka Gas No 5 / 7 Disclosing
9613 NTT DATA N/A 0 / 7 Not Verified
9735 Secom No 0 / 7 No Disclosure
9766 Konami No 3 / 7 Disclosing
9983 Fast Retailing Yes 4 / 7 Disclosing
9984 SoftBank N/A 0 / 7 Not Verified