IPOX® Japan Index (IPJP)

The IPOX® Japan Index is an applied market cap-weighted index measuring the performance of the top Japan domiciled companies ranked quarterly in the IPOX® Global Composite Index, subject to defined liquidity and exposure criteria. The IPOX® Japan Index has historically captured ca. 95% of total market cap created through New Listings by Japan-domiciled firms over the past four years, respectively.

Key features of the IPOX® Japan Index include:

  • Long-Term Performance: Over the last few years, the IPOX® Japan Index has outperformed the TSE Growth Market 250 (Mothers) Index, highlighting the IPOX® Japan Index's superior performance and resilience.

  • Comprehensive Exposure: Captures nearly all significant IPO and spin-off activity in Japan over the past four years, ensuring broad exposure to the new listings market.

  • Proprietary Index Technology: Utilizes IPOX®'s proven and proprietary index technology to select the 40 largest and most liquid recent IPOs and spin-offs from the IPOX® Global Composite Index.

  • Market-Cap Weighting: Employs a market-cap weighting scheme to ensure diversified exposure across various sectors.

  • Quarterly Rebalancing: Rebalances on a quarterly basis to maintain focus on new listings and IPO M&A corporate actions

The Japanese Market in Focus

Japan's technology sector is well-represented in the IPOX® Japan Index, with a mix of newcomers as well as established acquirers of recent IPOs. Companies like Socionext, Fujifilm Holdings, TDK Corp, and Renesas Electronics Corp showcase the country's strength in electronics, IT services, and communications technology. These innovative firms leverage cutting-edge technologies to drive growth across various industries.

The index also highlights Japan's robust financial services sector, featuring companies such as SoftBank Corp, super innovative IPO shooting star M&A Research Institute Holding, fintech innovator SBI Sumishin Net Bank Ltd and Rakuten Bank Ltd. These firms underscore the diversity and innovation within Japan's financial industry, spanning telecommunications, research, and digital banking.

Beyond technology and financial services, the IPOX® Japan Index includes prominent companies from industrials (Marubeni Corp, Secom Co Ltd), and pharma sector representatives such as Daiei Kankyo Co Ltd. This diversification mirrors the extensive range of industries in the Japanese economy and the variety of companies going public or pursuing IPO M&A to enhance their portfolio through the acquisition of new innovations.

For investors seeking to participate in the growth of Japan's "New Generation" of public companies, the IPOX® Japan Index provides a unique, one-stop solution. Contact info@ipox.com to learn more about licensing and sub-advisory opportunities to gain exposure to the most promising new listings in the Japanese market.