Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Smartkarma Webinar | TOPIX Inclusion Trades: Strategies for Japanese Small-Caps

Historical TOPIX Inclusions:  What Flavor Performs Best?

Nippon Rietec's (1938) Gangbusters TOPIX Inclusion

TOPIX Inclusion: Retail Partners (8167 JP)

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<a href="https://www.smartkarma.com/entities/i-k-co-ltd" target="_blank" data-smartkarma-citation="entities:2202:1" rel="noopener">I.K Co Ltd (2722 JP)</a> announced today after market close they had received approval (<a href="https://www.ai-kei.co.jp/files/a277e6ffc917146e07acd495e18f5dbc.pdf" target="_blank" rel="noopener">J-only</a>) to move from the Second Section to the First Section of the Tokyo Stock Exchange as of 4th December 2020. I.K CO., Ltd. provides marketing services for various skin care products, make-up items, and low-calorie healthy-lifestyle food products. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 28th January 2021. In conjunction with the TSE-reassignment announcement, the company also announced (<a href="https://www.ai-kei.co.jp/files/4dff20d97c9bc5e4b73fd7f32e176ff0.pdf" target="_blank" rel="noopener">J-only</a>) a share sale for a total quantity of 575,000 shares including an over-allotment quantity. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event.

I.K Co Ltd (2722 JP) announced today after market close they had received approval (J-only) to move from the Second Section to the First Section of the Tokyo Stock Exchange as of 4th December 2020. I.K CO., Ltd. provides marketing services for various skin care products, make-up items, and low-calorie healthy-lifestyle food products. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 28th January 2021. In conjunction with the TSE-reassignment announcement, the company also announced (J-only) a share sale for a total quantity of 575,000 shares including an over-allotment quantity. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event. 

I.K Co Ltd

TOPIX Inclusion (2722 JP): I.K Co Ltd