T&D Holdings, Furukawa Electric to Join JPX-Nikkei 400 Index | PiQ Markets
1 storiesEquities & FundsNikkei 225 (Japan)
T&D Holdings, Furukawa Electric to Join JPX-Nikkei 400 Index
window 24h
IN SHORT
The JPX-Nikkei Index 400 will see significant changes effective August 31, with 45 stocks being added and 39 removed. Among the notable additions are T&D Holdings and Furukawa Electric. Conversely, KDDI and Asahi Group Holdings are among the companies being removed from the index. These adjustments are made by Nikkei and JPX Market Innovation & Research.
✉Newsletter
PiQ Daily
Pick your topics. Get only what matters, on your cadence.
Key Numbers
45stocks to be added to the index
39stocks to be removed from the index
Who's Involved
T&D Holdings
company to be added to the JPX-Nikkei Index 400
Furukawa Electric
company to be added to the JPX-Nikkei Index 400
KDDI
company to be removed from the JPX-Nikkei Index 400
Asahi Group Holdings
company to be removed from the JPX-Nikkei Index 400
Nikkei
organization revising the JPX-Nikkei Index 400
JPX Market Innovation & Research
organization revising the JPX-Nikkei Index 400
Key facts
The JPX-Nikkei Index 400 will be revised.
Nikkei and JPX Market Innovation & Research will revise the index.
45 stocks will be added to the index.
39 stocks will be removed from the index.
T&D Holdings will be added to the index.
Furukawa Electric will be added to the index.
KDDI will be removed from the index.
Asahi Group Holdings will be removed from the index.
The changes take effect on August 31.
The JPX-Nikkei Index 400 is set to undergo a revision, with Nikkei and JPX Market Innovation & Research announcing the inclusion of 45 new stocks and the removal of 39 existing ones. This adjustment will take effect on August 31. T&D Holdings and Furukawa Electric are among the prominent companies that will be added to the index. These additions reflect changes in market performance and constituent criteria. On the other hand, KDDI and Asahi Group Holdings are slated for removal from the JPX-Nikkei Index 400. The index, jointly managed by Nikkei and JPX Market Innovation & Research, aims to track companies with high value for investors, focusing on metrics such as operating profit, capital efficiency, and market capitalization. The semi-annual rebalancing ensures the index remains representative of the Japanese equity market's top-performing and investor-friendly companies.
Frequently asked questions
The JPX-Nikkei Index 400 is a stock market index composed of 400 companies selected for their high appeal to investors, meeting global standards for capital efficiency and investor-focused management. It aims to promote Japanese corporations and revitalize the stock market.
The revisions to the JPX-Nikkei Index 400 and the JPX-Nikkei Mid and Small Cap Index will take effect with the August 31 calculation.
Companies are selected based on eligibility criteria, market liquidity, quantitative indicators such as 3-year average ROE and cumulative operating profit, and qualitative factors including board independence and English disclosure.
What Happens Next
01Changes to index constituents take effect with the August 31 calculation.
Get the newsletter.
Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.
