Toppan Holdings Inc. Included in All ESG Indices Adopted by GPIF
Tokyo - July 11, 2025 - Toppan Holdings Inc. (TYO: 7911) has been included in all six Environmental, Social, and Governance $(ESG)$ indices for Japanese stocks utilized as benchmarks by the Government Pension Investment Fund (GPIF) of Japan. The indices include the FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Nihonkabu ESG Select Leaders Index, MSCI Japan Empowering Women Index $(WIN)$, S&P/JPX Carbon Efficient Index, and the Morningstar Japan ex-REIT Gender Diversity Tilt Index. These indices recognize companies for their performance in ESG practices, climate change response, gender diversity, and carbon efficiency. Toppan Holdings' inclusion reflects its recognition in these areas as assessed by FTSE Russell, MSCI Inc., S&P Dow Jones, and Morningstar, Inc.
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