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

Historical TOPIX Inclusions:  What Flavor Performs Best?

Retail Partners (8167 JP) - TOPIX Inclusion Achievement Unlocked. Now Sell.

Nippon Rietec's (1938) Gangbusters TOPIX Inclusion

After Covid: The Future for Japanese Retail: Winners & Losers

Quiddity Advisors

Pan-Asia Catalysts/Events

Quantitative Analysis

Japan Pharmaceuticals, biotechnology and life sciences / Quantitative Analysis

<a href="https://www.smartkarma.com/entities/koa-shoji-holdings" target="_blank" data-smartkarma-citation="entities:29044:1" rel="noopener">Koa Shoji Holdings (9273 JP)</a>  confirmed (<a href="https://ssl4.eir-parts.net/doc/9273/tdnet/1849228/00.pdf" target="_blank" rel="noopener">J-only</a>) on 15th June they had received approval to move from the Second Section to the First Section of the Tokyo Stock Exchange as of 30th June 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and we expect the inclusion event will be at the close of trading 30th July 2020.Koa Shoji Holdings is an importer of APIs/intermediates ("active pharmaceutical ingredients") in Japan. They also manufacture various injections and OTC drugs.  The company <a href="https://www.koashoji-hd.com/company/message/" target="_blank" rel="noopener">claims to target the "super-ageing"</a> population in Japan. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate if there is potential for further upside.

Koa Shoji Holdings (9273 JP)  confirmed (J-only) on 15th June they had received approval to move from the Second Section to the First Section of the Tokyo Stock Exchange as of 30th June 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and we expect the inclusion event will be at the close of trading 30th July 2020.Koa Shoji Holdings is an importer of APIs/intermediates ("active pharmaceutical ingredients") in Japan. They also manufacture various injections and OTC drugs.  The company claims to target the "super-ageing" population in Japan. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate if there is potential for further upside. 

TOPIX Inclusion (9273 JP): Koa Shoji Holdings