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6th September 2016
Changes to the Nikkei Indices


Nikkei Inc. will make the following changes to the Nikkei Stock Average (Nikkei 225) and the Nikkei Stock Index 300 (Nikkei 300) constituents as a result of the annual review. As for the Nikkei 300, business integration of a constituent in late September is also considered.

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

(1) Nikkei Stock Average (Nikkei 225)

Date
Code
Addition* Code Deletion
Oct. 3 4755 Rakuten , Inc. (50) 4041 Nippon Soda Co., Ltd.

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

[Note]
In accordance with the Constituent Selection Rules, Rakuten (Consumer goods/services sector) is added because of its high liquidity. Nippon Soda (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 3.

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) Nikkei Stock Index 300 (Nikkei 300)

Date
Code
Addition Code Deletion
Sep. 28 7167 Ashikaga Holdings Co., Ltd. 8333 The Joyo Bank, Ltd.
Oct. 3 6098 Recruit Holdings Co., Ltd. 7231 TOPY INDUSTRIES, LIMITED

* Ashikaga Holdings will change its name to Mebuki Financial Group, Inc. on October 1.

Ashikaga Holdings (Ashikaga HD) and The Joyo Bank (Joyo) will integrate their business and Joyo will be delisted. Joyo will be deleted from the index on the delisting day and Ashikaga HD, which will succeed the business of Joyo will be added on the same day. In accordance with the Constituent Selection Rules, Topy Industries will be deleted and Recruit Holdings will be added on October 3. Both changes will be made before the opening of the market on the respective dates.

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

These 13 Nikkei 225 constituents are planning the stock consolidations (reverse stock splits) and the presumed par value of each stock will be changed from the index calculation on September 28.
Since the price level of these constituents in Nikkei 225 will stay the same, the divisor will not be changed by these consolidations.

Code
Name
Consolidation ratio Current Par (Yen) New Par (Yen)
2871 NICHIREI CORPOATION 2 to 1 50 100
3401 TEIJIN LIMITED 5 to 1 50 250
5202 Nippon Sheet Glass Co., Ltd. 10 to 1 50 500
5406 Kobe Steel, Ltd. 10 to 1 50 500
5631 The Japan Steel Works, Ltd. 5 to 1 50 250
5711 Mitsubishi Materials Corporation 10 to 1 50 500
5801 FURUKAWA ELECTRIC CO., LTD. 10 to 1 50 500
6361 EBARA CORPORATION 5 to 1 50 250
6703 Oki Electric Industry Co., Ltd. 10 to 1 50 500
7735 SCREEN Holdings Co., Ltd. 5 to 1 50 250
8309 Sumitomo Mitsui Trust Holdings, Inc. 10 to 1 50 500
9007 Odakyu Electric Railway Co., Ltd. 2 to 1 50 100
9009 Keisei Electric Railway Co., Ltd. 2 to 1 50 100



2nd August 2016
Changes to the Nikkei Indexes


Nikkei Inc. will make the following changes to the Nikkei Stock Average (Nikkei 225) and the Nikkei Stock Index 300 (Nikkei 300), corresponding to the merger of FamilyMart Co., Ltd. and UNY Group Holdings Co., Ltd. A part of the information below is based on the disclosure of the corresponding companies. If different information is provided by the Tokyo Stock Exchange, Nikkei will publish a revised release.

1. Nikkei Stock Average (Nikkei 225)

UNY Group Holdings Co., Ltd (8270), a constituent of the Nikkei 225, will be delisted on August 29 due to a merger with FamilyMart Co., Ltd. From the opening on August 29, UNY Group will be deleted from the Nikkei 225 and FamilyMart (8028)*, which will succeed the business of UNY Group, will be added. The presumed par value of FamilyMart will be 50 yen.

* From September 1, the effective date of the merger, FamilyMart will change its name to gFamilyMart UNY Holdings Co., Ltd.h

2. Nikkei Stock Index 300 (Nikkei 300)

Both of FamilyMart (8028) and UNY Group Holdings (8270) are constituents of the Nikkei 300. UNY Group will be deleted from the opening on August 29 and Otsuka Holdings Co., Ltd. (4578) will be added.



12th July 2016
Changes to the Nikkei Indexes


Nikkei Inc. makes the following changes to the Nikkei Stock Average (Nikkei 225) and the Nikkei Stock Index 300 (Nikkei 300) in response to the reassignment of the market section and stock consolidation of their constituents.

1. Reassignment to 2nd Section of Sharp Corporation (Nikkei 225, Nikkei 300)

Sharp Corporation (6753), a constituent of the Nikkei 225 and the Nikkei 300 will be reassigned to the 2nd Section of the Tokyo Stock Exchange.

On its reassignment date of August 1, Sharp will be deleted from both indexes and the following stocks will be added in accordance with constituents selection rules.

[Nikkei 225]
Yamaha Motor Co., Ltd (7272)
(Presumed Par Value = 50 yen, Sector = Technology)

[Nikkei 300]
M3, Inc. (2413)

2. Stock consolidation of Tokyo Dome Corporation (Nikkei 225)

Tokyo Dome Corporation (9681), which is a Nikkei 225 constituent, is planning a stock consolidation (reverse split). From its ex-right date of July 27, Nikkei Inc. will change the presumed par value of Tokyo Dome from 50 yen to 100 yen in line with its consolidation ratio of 2 to 1, in order to keep the price level unchanged in the index calculation.



13th June 2016
Regarding the Stock Consolidation of the Nikkei 225 Constituents


Sapporo Holdings Limited (2501) and Showa Denko K.K. (4004), both of which are the Nikkei Stock Average (Nikkei 225) constituents, are planning stock consolidation (reverse split). From its ex-right date of June 28, Nikkei Inc. will change the presumed par value of these constituents as follows.

  Consolidation
Ratio
Current Par
(Yen)
New Par
(Yen)
Sapporo Holdings (2501) 5 to 1 50 250
Showa Denko (4004) 10 to 1 50 500

Since the price level of these constituents in Nikkei 225 will stay the same, the divisor will not be changed by these consolidations.



11th March 2016
Changes to the Nikkei Indices

Nikkei Inc. will make the following changes to the Nikkei Stock Average (Nikkei
225) and the Nikkei Stock Index 300 (Nikkei 300), corresponding to the delisting of their constituents.

Nikkei Stock Average (Nikkei 225)

The Bank of Yokohama, Ltd. (8332), a constituent of the Nikkei Stock Average will be delisted on March 29 due to the establishment of the joint holding company with the Higashi-Nippon Bank, Limited. The Bank of Yokohama will be deleted from the Nikkei 225 from the opening on March 29 and the new joint holding company, gConcordia Financial Group (7186)h will be added from the opening on April 4, the first business day after the listing day of April 1.
The presumed par value of Concordia Financial Group will be 50 yen and the Nikkei 225 will be calculated with 224 stocks from March 29 to April 1.

Nikkei Stock Index 300 (Nikkei 300)

The Bank of Yokohama is also a constituent of the Nikkei 300 and like the Nikkei 225, the bank will be deleted from the Nikkei 300 on March 29, and Concordia Financial Group will be added from April 4.
In addition, Itoham Foods Inc. (2284) will be delisted due to the establishment of the joint holding company with Yonekyu Corporation. Itoham Foods will be deleted from the Nikkei 300 on March 29, and the new joint holding company gItoham Yonekyu Holdings Inc. (2296)h will be added on April 4.
Nikkei 300 will be calculated with 298 stocks from March 29 to April1.


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