Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<div><p>There are currently ~1,500 stocks listed in the Mothers, JASDAQ, and Second Sections of the Tokyo Stock Exchange. As time passes, some of these stocks will "graduate" to the First Section of the Tokyo Stock Exchange (TSE1), triggering inclusion into the TOPIX Index causing passive funds tracking TOPIX to buy them on an inclusion event. This presents various trading opportunities in several phases of this event timeline.  </p></div><div>
<p>Being able to identify such candidates at a "Pre-event" phase (before the TSE reassignment is confirmed) can unlock great value for speculative bets. Smartkarma readers familiar with the work of Quiddity Advisors will be able to recall the attractive rewards <a href="https://www.smartkarma.com/entities/shinnihonseiyaku-co-ltd" target="_blank" data-smartkarma-citation="entities:28122:1" rel="noopener">Shinnihonseiyaku Co Ltd (4931 JP)</a>, <a href="https://www.smartkarma.com/entities/gremz-inc" target="_blank" data-smartkarma-citation="entities:1858:1" rel="noopener">Gremz Inc (3150 JP)</a>, and <a href="https://www.smartkarma.com/entities/sansan-inc" target="_blank" data-smartkarma-citation="entities:28112:1" rel="noopener">Sansan Inc (4443 JP)</a> were able to deliver in their pre-event phases. </p>
<p>This insight is a continuation of our work in identifying such pre-event candidates.</p>
<p><em>More below the fold</em>  </p>
</div>

There are currently ~1,500 stocks listed in the Mothers, JASDAQ, and Second Sections of the Tokyo Stock Exchange. As time passes, some of these stocks will "graduate" to the First Section of the Tokyo Stock Exchange (TSE1), triggering inclusion into the TOPIX Index causing passive funds tracking TOPIX to buy them on an inclusion event. This presents various trading opportunities in several phases of this event timeline.  
Being able to identify such candidates at a "Pre-event" phase (before the TSE reassignment is confirmed) can unlock great value for speculative bets. Smartkarma readers familiar with the work of Quiddity Advisors will be able to recall the attractive rewards Shinnihonseiyaku Co Ltd (4931 JP), Gremz Inc (3150 JP), and Sansan Inc (4443 JP) were able to deliver in their pre-event phases. 
This insight is a continuation of our work in identifying such pre-event candidates.
More below the fold  


Japan

Fast Fitness Japan, Inc. owns and operates fitness clubs. The Company offers gym and sports facilities and training. Fast Fitness Japan provides its services throughout Japan.

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Fast Fitness Japan Inc (7092 JP)

TOPIX Inclusions: Who Is READY? 3.0

We update which stocks in MOTHERS/JASDAQ/TSE2 are eligible, ready, or could be ready to move to TSE1 (TOPIX inclusion). The last list at end-Nov...

Janaghan Jeyakumar, CFA

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