Japan Sustainability "Japan Employee Reviews Monitor (Mar '26)" Miyata

Research evidence excerpt

Japan Sustainability "Japan Employee Reviews Monitor (Mar '26)" Miyata

r time, but the decline in the working-age population is projected to Kenji Yasui

Analyst

accelerate from around 2030 (Figure 3ProjectionofJapaneseworkingagepopulation), and the near-term impact of AI is likely to vary

kenji.yasui@ubs.com

by sector and implementation speed. +81-3-5208 6211

Rei IharaBroadening our prior UBS Employee Reviews research to all sectors

This monitor broadens prior UBS Employee Reviews work from Japan Retail and Food & rei.ihara@ubs.com

Beverage to all available sectors. Prior UBS Quant Research “Japan: Happy Employees, +81-3-5208 6227

Happy Shareholders” found Long Term Development to be the key factor, with long-

Tomoko Yoshihara

short excess returns of 10.1% p.a. largely driven by underperformance among Analyst

companies with weak development environments. We update the back test in Figure 4Longtermdevelopment-JPexcesreturns(equalweighted,local). tomoko.yoshihara@ubs.com

We use Long-term development here as a durability check, not as a replacement for the +81-3-5208 6212

Overall score.

Koichi Niwa

About the Dataset: Japan Employee Reviews Monitor koichi.niwa@ubs.com

UBS Evidence Lab has quantified Japanese corporate culture by scraping hundreds of +81-3-5208 6245

thousands of employee reviews across 100+ employers. These reviews span treatment Victoria Kalb

satisfaction, morale, awareness of legal compliance, growth environments for young Analyst

workers, fair evaluation, etc, and are all mapped to parent company ISIN. With scores vicki.kalb@ubs.com

updated on a rolling basis and released monthly, this dataset provides an increasingly +65-6495 4584

comprehensive view of the employee experience across Japan’s major listed companies Phineas Glover

(> Access Dataset) .