TOCALO Co., Ltd. (Headquarters: Kobe, Hyogo; President and CEO: Kazuya Kobayashi) has been selected once again as a constituent stock of the "JPX-Nikkei Mid and Small Cap Index" for FY2026, which is jointly calculated by JPX Market Innovation & Research, Inc. and Nikkei Inc.
The "JPX-Nikkei Mid and Small Cap Index" aims to apply the concept of the JPX-Nikkei Index 400—which selects "companies with high appeal for investors"—to mid and small cap equities. It targets companies that conduct capital-efficient operations and investor-oriented management, seeking to promote and spread such management practices among a broader range of companies.
The selection process targets common stocks whose primary market is the Prime, Standard, or Growth Market of the Tokyo Stock Exchange. After screening based on market capitalization, trading liquidity, and other factors, candidates are scored using quantitative indicators such as 3-year average return on equity (ROE) and 3-year cumulative operating profit, followed by qualitative score additions such as the appointment of independent outside directors, to select the top 200 stocks.
TOCALO will continue striving to enhance its corporate value sustainably to meet the expectations of all shareholders and investors.
＜Reference＞
For details regarding the "JPX-Nikkei Mid and Small Cap Index," please refer to the Tokyo Stock Exchange, Inc. website:
https://www.jpx.co.jp/english/markets/indices/jpx-nikkei400/01.html
Inquiries
TOCALO Co., Ltd. Corporate Planning Div.
Email: tocalo_0097@tocalo.co.jp
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.