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?

Nippon Rietec's (1938) Gangbusters TOPIX Inclusion

TOPIX Inclusion: Retail Partners (8167 JP)

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

Today after market close, <a href="https://www.smartkarma.com/entities/welbe-inc" target="_blank" data-smartkarma-citation="entities:31118:1" rel="noopener">Welbe Inc (6556 JP)</a> announced they had <a href="https://contents.xj-storage.jp/xcontents/AS04028/e5315a71/ac98/4c0a/8d55/ea48a968ae59/140120210106441411.pdf" target="_blank" rel="noopener">received approval</a> to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 14th January 2021.TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 25th February 2021. Welbe, Inc. provides employment support services for people with disabilities. Their services include lifestyle support, skill training, job hunting, and post-employment support. They also provide child development support. They currently have 77 employment transition support offices spread across Japan. 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.

Today after market close, Welbe Inc (6556 JP) announced they had received approval to move from the MOTHERS Section to the First Section of the Tokyo Stock Exchange as of 14th January 2021.TSE1 reassignment triggers inclusion into the TOPIX Index and the Inclusion Event can be expected to be at the close of trading 25th February 2021. Welbe, Inc. provides employment support services for people with disabilities. Their services include lifestyle support, skill training, job hunting, and post-employment support. They also provide child development support. They currently have 77 employment transition support offices spread across Japan. 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. 

Welbe Inc

TOPIX Inclusion: Welbe, Inc. (6556 JP)