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Three Japanese brand guardians are among the world’s top 100 CEOs

13 February 2025

Brand Finance’s Brand Guardianship Index 2025 sheds light on how stakeholders perceive top Japanese CEOs

  • Nissay/Nippon Life Insurance’s president Hiroshi Shimizu ranks 74th globally
  • Katsuya Nakanishi, CEO of Mitsubishi is at 87th place
  • CEO of NTT, Akira Shimada, ranks 96th among the world’s top 100 CEOs

TOKYO,13 February 2025 – Three Japanese brand guardians from the insurance, automobile and telecommunications sectors have showcased their strong leadership and excellence according to the Brand Guardianship Index (BGI) 2025, a new report by Brand Finance, the world’s leading brand valuation consultancy.

The updated BGI places a greater emphasis on public perceptions, evaluating CEOs on their leadership, brand protection, and long-term value creation, with a focus on ethical leadership and global responsibility. These leaders have gained recognition for their ability to navigate a rapidly changing global market while maintaining ethical business practices, further solidifying Japan’s influence in global corporate leadership.

At the forefront of Japan’s brand guardians is Hiroshi Shimizu, president of Nissay/Nippon Life Insurance, ranking 74th globally with a BGI score of 75.6 out of 100. This was attributed to impressive results in the 'strategy and vision', 'positive change', and 'sustainability' attributes within the business-to-business (B2B) sector, highlighting his success in fostering strong corporate relationships and driving innovation in the B2B space.

Mitsubishi Group CEO Katsuya Nakanishi holds the 87th rank with a BGI score of 74.7 out of 100. This score was derived from attributes such as ‘understand brand and reputation’ and ‘positive change’ within the B2B sector. His leadership reflects the company’s commitment to driving meaningful change and strengthening its brand presence, positioning Mitsubishi Group as the second most valuable Japanese brand in the Brand Finance Global 500 2025 ranking, with a brand value of USD40.4 billion.

Akira Shimada, president and CEO of NTT, ranked 96th with a BGI score of 74.2 out of 100. This is attributed to his's strong focus on long-term value and sustainability within the B2B sector. His leadership continues to reflect NTT’s commitment to not only achieving sustainable growth but also ensuring that the company’s long-term value creation aligns with broader environmental and social goals, positioning NTT as a forward-thinking leader in the global market.

Alex Haigh, Managing Director Asia Pacific, Brand Finance, commented:

"These exceptional leaders from Japan exemplify the power of visionary leadership, innovation, and ethical commitment in today’s dynamic global market. Hiroshi Shimizu, Katsuya Nakanishi, and Akira Shimada have not only demonstrated remarkable growth and resilience, but have also elevated their companies by championing sustainability, customer-centric strategies, and long-term value creation. Their achievements in the Brand Guardianship Index 2025 are a testament to their unwavering dedication to both business excellence and corporate responsibility, further solidifying Japan’s role as a leader in global corporate governance."

The 2025 BGI also highlights that Hiroshi Shimizu, Katsuya Nakanishi, and Akira Shimada ascended to their CEO positions through internal promotion, emphasising the importance of long-term commitment and the development of leadership from within. Furthermore, these CEOs have placed significant emphasis on the B2B sector, reflecting their strategic focus on strengthening business-to-business relationships and driving sustained growth.

The BGI 2025 reveals that perceptions of sustainability remain integral to CEO reputation. There is a strong correlation between a company’s sustainability efforts and the public perception of its CEO, with nearly half of the variation in CEO reputation attributed to how committed to sustainability the CEO is perceived to be.

However, this year’s findings highlight a shift in priorities. The most critical driver of CEO reputation is now ‘cares about employees’, reflecting heightened expectations for empathy in leadership amid economic uncertainty, mental health challenges, and rapid technological changes. Other key drivers include ‘positive change’, ‘trustworthy’, ‘customer needs’, and ‘sustainability’.

Media Contacts

Gayathri Saravana Kumar
Marketing Director - Asia Pacific
Brand Finance

About Brand Finance

Brand Finance is the world’s leading brand valuation consultancy. Bridging the gap between marketing and finance, Brand Finance evaluates the strength of brands and quantifies their financial value to help organisations make strategic decisions.

Headquartered in London, Brand Finance operates in over 25 countries. Every year, Brand Finance conducts more than 6,000 brand valuations, supported by original market research, and publishes over 100 reports which rank brands across all sectors and countries.

Brand Finance also operates the Global Brand Equity Monitor, conducting original market research annually on 6,000 brands, surveying more than 175,000 respondents across 41 countries and 31 industry sectors. By combining perceptual data from the Global Brand Equity Monitor with data from its valuation database — the largest brand value database in the world — Brand Finance equips ambitious brand leaders with the data, analytics, and the strategic guidance they need to enhance brand and business value.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance, compliant with ISO 20671.

Brand Finance is a regulated accountancy firm and a committed leader in the standardisation of the brand valuation industry. Brand Finance was the first to be certified by independent auditors as compliant with both ISO 10668 and ISO 20671 and has received the official endorsement of the Marketing Accountability Standards Board (MASB) in the United States.

Definition of Brand

Brand is defined as a marketing-related intangible asset including, but not limited to, names, terms, signs, symbols, logos, and designs, intended to identify goods, services, or entities, creating distinctive images and associations in the minds of stakeholders, thereby generating economic benefits.

Brand Strength

Brand strength is the efficacy of a brand’s performance on intangible measures relative to its competitors. Brand Finance evaluates brand strength in a process compliant with ISO 20671, looking at Marketing Investment, Stakeholder Equity, and the impact of those on Business Performance. The data used is derived from Brand Finance’s proprietary market research programme and from publicly available sources.

Each brand is assigned a Brand Strength Index (BSI) score out of 100, which feeds into the brand value calculation. Based on the score, each brand is assigned a corresponding Brand Rating up to AAA+ in a format similar to a credit rating.

Brand Valuation Approach

Brand Finance calculates the values of brands in its rankings using the Royalty Relief approach – a brand valuation method compliant with the industry standards set in ISO 10668. It involves estimating the likely future revenues that are attributable to a brand by calculating a royalty rate that would be charged for its use, to arrive at a ‘brand value’ understood as a net economic benefit that a brand owner would achieve by licensing the brand in the open market.

The steps in this process are as follows:

1 Calculate brand strength using a balanced scorecard of metrics assessing Marketing Investment, Stakeholder Equity, and Business Performance. Brand strength is expressed as a Brand Strength Index (BSI) score on a scale of 0 to 100.

2 Determine royalty range for each industry, reflecting the importance of brand to purchasing decisions. In luxury, the maximum percentage is high, while in extractive industry, where goods are often commoditised, it is lower. This is done by reviewing comparable licensing agreements sourced from Brand Finance’s extensive database.

3 Calculate royalty rate. The BSI score is applied to the royalty range to arrive at a royalty rate. For example, if the royalty range in a sector is 0-5% and a brand has a BSI score of 80 out of 100, then an appropriate royalty rate for the use of this brand in the given sector will be 4%.

4 Determine brand-specific revenues by estimating a proportion of parent company revenues attributable to a brand.

5 Determine forecast revenues using a function of historic revenues, equity analyst forecasts, and economic growth rates.

6 Apply the royalty rate to the forecast revenues to derive brand revenues.

7 Discount post-tax brand revenues to a net present value which equals the brand value.

Disclaimer

Brand Finance has produced this study with an independent and unbiased analysis. The values derived and opinions presented in this study are based on publicly available information and certain assumptions that Brand Finance used where such data was deficient or unclear. Brand Finance accepts no responsibility and will not be liable in the event that the publicly available information relied upon is subsequently found to be inaccurate. The opinions and financial analysis expressed in the study are not to be construed as providing investment or business advice. Brand Finance does not intend the study to be relied upon for any reason and excludes all liability to any body, government, or organisation.

The data presented in this study form part of Brand Finance's proprietary database, are provided for the benefit of the media, and are not to be used in part or in full for any commercial or technical purpose without written permission from Brand Finance.

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