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

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

On 9 February 2021 after the close, <a href="https://www.smartkarma.com/entities/marketenterprise-co-ltd" target="_blank" data-smartkarma-citation="entities:29663:1" rel="noopener">MarketEnterprise Co Ltd (3135 JP)</a> announced they had received approval to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 16th February 2021. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading on 30th March 2021.MarketEnterprise Co mainly provides e-commerce services for second-hand items in Japan. They operate online recycling shops in Web and mobile platforms from where they purchase second-hand items from those who want to sell their used products and sell these items on their own site <a href="https://www.rere.jp/" target="_blank" rel="noopener">ReRe</a> and other platforms such as Yahoo! Auctions, Amazon, Rakuten Marketplace, etc. to potential buyers. 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.

On 9 February 2021 after the close, MarketEnterprise Co Ltd (3135 JP) announced they had received approval to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 16th February 2021. TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading on 30th March 2021.MarketEnterprise Co mainly provides e-commerce services for second-hand items in Japan. They operate online recycling shops in Web and mobile platforms from where they purchase second-hand items from those who want to sell their used products and sell these items on their own site ReRe and other platforms such as Yahoo! Auctions, Amazon, Rakuten Marketplace, etc. to potential buyers. 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. 

TOPIX Inclusion: MarketEnterprise Co (3135 JP)