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5th September 2018
Changes to the Nikkei Stock Average


Nikkei Inc. will make the following changes to the Nikkei Stock Average (Nikkei 225) constituents as a result of the annual review. This release also includes the changes to be made regarding the calculation in response to the stock consolidations (reverse splits) of the Nikkei 225 constituents.

1. Results of the annual review (Nikkei 225)

Date

Code

Addition*

Code

Deletion

Oct.1

4751

CyberAgent, Inc. (250)

5715

FURUKAWA CO., LTD.

* Number in the parenthesis is presumed par value (Yen).

<Note> In accordance with the Constituent Selection Rules, CyberAgent (Consumer goods/services sector) is added because of its high liquidity. FURUKAWA (Materials) is deleted as a result of the adjustment of the number of constituents among sectors (deleted from the excess sector). This change is made before the opening of the market on October 1.
gSectorsh are industrial sectors defined by aggregating Nikkei 36 industry classification system into 6 broad categories. They are gTechnologyh, gFinancialsh, gConsumer goods/servicesh, gMaterialsh, gCapital goods/othersh, gTransportation/utilitiesh.



2. Changes in the presumed par value (Nikkei 225)

These 8 of Nikkei 225 constituents are planning the stock consolidations (reverse stock splits) and, as shown below, the presumed par value of each stock will be changed in accordance with the consolidation ratio from the morning of September 26.
Since the price level of these constituents will stay the same, the divisor will not be changed.The current par value of all these 8 constituents are 50 yen.

Code

Name

Consolidation
ratio

New Par
(Yen)

1812

Kajima Corporation

2 to 1

100

5232

Sumitomo Osaka Cement Co., Ltd

10 to 1

500

6501

Hitachi, Ltd.

5 to 1

250

6504

FUJI ELECTRIC CO., LTD.

5 to 1

250

6674

GS Yuasa Corporation

5 to 1

250

6702

Fujitsu Limited

10 to 1

500

7911

TOPPAN PRINTING CO., LTD.

2 to 1

100

8354

Fukuoka Financial Group, Inc.

5 to 1

250





7th August 2018
Regarding the Reverse Stock Split of Takashimaya in Nikkei 225


Takashimaya Company, Limited (8233), a Nikkei Stock Average (Nikkei 225) constituent, is planning a reverse stock split of 2 to 1. From the market open of the ex-right date, which is August 29, Nikkei Inc. will change the presumed par value of Takashimaya from 50 yen to 100 yen.

Since the price level of Takashimaya in the Nikkei 225 will stay the same, the divisor will not be changed by this event.



16th March 2018
Regarding the Reverse Stock Split of NH Foods in Nikkei 225


NH Foods Ltd. (2282), a Nikkei Stock Average (Nikkei 225) constituent, is planning a reverse stock split of 2 to 1. From the market open of the ex-right date, which is March 28, Nikkei Inc. will change the presumed par value of NH Foods from 50 yen to 100 yen.

Since the price level of NH Foods in the Nikkei 225 will stay the same, the divisor will not be changed by this event.




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