- News Release
- Dexerials Selected for the First Time as a Constituent of JPX-Nikkei Index 400
Dexerials Selected for the First Time as a Constituent of JPX-Nikkei Index 400
Dexerials Corporation (Headquarters: Shimotsuke-shi, Tochigi, Representative Director and President: Yoshihisa Shinya, hereinafter, “Dexerials”), which provides leading-edge technologies, materials, and devices for smartphones, automotives, and other products, announced that it has been selected for the first time to be a constituent of JPX-Nikkei Index 400, which is provided jointly by Japan Exchange Group, Inc., Tokyo Stock Exchange, Inc., and Nikkei Inc.
The JPX-Nikkei Index 400 is composed of companies with high appeal for investors, which meet requirements of global investment standards, such as efficient use of capital and investor-focused management perspectives. Its constituents are stocks whose main market is the TSE Prime Market, Standard Market, or Growth Market. They are selected through screening by market capitalization, market liquidity indicator, and other criteria and scoring based on quantitative indicators (3-year average ROE and 3-year cumulative operating profit), and in consideration of qualitative factors related to governance and other aspects. Dexerials has been selected newly as a constituent for FY2022.
Under its corporate vision, “Value Matters Unprecedented innovation, unprecedented value,” Dexerials globally provides products, technologies, and solutions that are essential for society with ongoing digitalization. This year, the company will celebrate the 10th anniversary of the start of operations under its current name. Dexerials will continue to engage in business activities that contribute to the sustainable growth of society and will strive to improve its corporate value further so as to fulfill expectations of its stakeholders.
Reference: Japan Exchange Group > JPX-Nikkei Index 400
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