Tokyo, November 13, 2020 - Macromill, Inc. (Headquarters: Minato-ku, Tokyo; Toru Sasaki, Representative Executive Officer, Global CEO; hereinafter, “the Company”) is pleased to announce that the Company has been selected as a constituent of “the JPX-Nikkei Mid and Small Cap Index” for the year of 2020/2021 (November 30, 2020 to August 30, 2021), which is jointly calculated by Tokyo Stock Exchange, Inc. and Nikkei Inc.
The JPX-Nikkei Mid and Small Cap Index applies the concept introduced for JPX-Nikkei Index 400, an index consisting of companies highly attractive for investors, to mid and small cap equities in order to select companies that focus on capital efficiency and investor-oriented management. It also aims to foster greater awareness of such issues among a wider range of companies. It is also designed to meet the needs of investors looking to invest in such companies.
When selecting top 200 stocks as the index components, common stocks mainly traded on the Tokyo Stock Exchange (First Section, Second Section, Mothers and JASDAQ) are screened by market capitalization, market liquidity indicators and other factors, then scored by quantitative indicators including 3-year average ROE and 3-year cumulative operating profit, to which points are added in terms of qualitative factors such as the election of independent outside directors.
Going forward, the Company aims to further improve its corporate value to respond to the expectation of our shareholders and investors as well as solve the marketing issues of client companies primarily through marketing research and the provision of digital data acquired from the Company's consumer panels.
lease see the following URL for the details of the JPX-Nikkei Mid and Small Cap Index:
Component List of the JPX-Nikkei Mid and Small Cap Index (to be applied on November 30, 2020)