In today’s briefing:
- TOPIX Inclusions: Who Is Ready (Jul 2025)
- Quiddity Leaderboard CSI 300/500 Dec25: Some Changes to Expectations; Large Index Flows
- Supreme Court’s Final Ruling on Samsung’s Lee Jae-Yong on 17 July: Impact on Samsung Group Companies
- MegaRobo Technologies IPO Preview: AI-Driven Robotics Unicorn With Strong IP Moat In Automation
- Shin Pro Maint (6086 JP): Q1 FY02/26 flash update
- Research report: InPost | Growth Outside of Poland Pushed Into a Higher Gear
- Research Alert: InPost | Growth Outside of Poland Pushed Into a Higher Gear
- Takamiya (2445 JP) – Q4 Follow-Up
- Industrials take sector lead in 2025 net institutional inflow
TOPIX Inclusions: Who Is Ready (Jul 2025)
- Quiddity’s “Who is Ready” series of insights aims to objectively identify names listed on the Tokyo Stock Exchange that are potential additions to the TOPIX Index in future.
- At the end of July 2025, GMO Financial Gate (4051 JP) and Azoom (3496 JP) will be included in the TOPIX Index.
- Newly-Listed company Kitazato (368A JP) will also be included in the TOPIX index at the end of this month.
Quiddity Leaderboard CSI 300/500 Dec25: Some Changes to Expectations; Large Index Flows
- CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500 names.
- In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2025.
- Currently, we see 9 ADDs/DELs for the CSI 300 index and 45 ADDs/DELs for the CSI 500 index.
Supreme Court’s Final Ruling on Samsung’s Lee Jae-Yong on 17 July: Impact on Samsung Group Companies
- The Supreme Court of Korea plans to make a final ruling on Samsung’s Lee Jae-Yong on 17 July.
- If the Supreme Court confirms this appellate court’s ruling, then Lee Jae-Yong would finally be cleared of all charges related to the Samsung C&T and Cheil Industries merger.
- The market is mostly expecting the confirmation of “not guilty” on all 19 charges on Lee Jae-Yong.
MegaRobo Technologies IPO Preview: AI-Driven Robotics Unicorn With Strong IP Moat In Automation
- MegaRobo Technologies, AI & robotics unicorn with focus on lab automation in life sciences and intelligent manufacturing, files to list IPO on Hong Kong Stock Exchange.
- Founder led, AI native company was backed by Sinovation Ventures, Goldman Sachs, Asia Investment Capital, Robert Bosch Venture Capital, GGV Capital, and Joy Capital, among others.
- The business is growing fast and increases the number of use cases across new verticals. However, negative free cash flows and operating losses are a headwind.
Shin Pro Maint (6086 JP): Q1 FY02/26 flash update
- Revenue increased 17.0% YoY to JPY6.7bn, driven by strong performance in Emergency and Preventive Maintenance Services.
- Operating profit rose 30.6% YoY to JPY446mn, with an operating profit margin up 0.7pp YoY to 6.6%.
- Shin Maint Holdings expanded market share by winning projects from competitors and forming a specialized air conditioning team.
Research report: InPost | Growth Outside of Poland Pushed Into a Higher Gear
- Contents Summary and Conclusions Acquisition of Sending: a logical strategic move.
- Sending: a bit more background Spanish e-commerce market: large and growing rapidly Market places dominating the landscape Spanish online shoppers still prefer home delivery High quality last mile delivery, yet can be inefficient Favourable environment for OOH and APMs in particular Sending deal is ticking all the boxes Now what does this deal mean financially?
- Why is this so important?
Research Alert: InPost | Growth Outside of Poland Pushed Into a Higher Gear
- Contents Summary and Conclusions Acquisition of Sending: a logical strategic move.
- Sending: a bit more background Spanish e-commerce market: large and growing rapidly Market places dominating the landscape Spanish online shoppers still prefer home delivery High quality last mile delivery, yet can be inefficient Favourable environment for OOH and APMs in particular Sending deal is ticking all the boxes Now what does this deal mean financially?
- Why is this so important?
Takamiya (2445 JP) – Q4 Follow-Up
- Takamiya (hereafter, the Company) reported its consolidated full-year earnings results for FY2025/3: net sales of JPY 43,827 mn (-0.7% YoY), operating profit of JPY 2,061 mn (-39.4% YoY), ordinary profit of JPY 1,856 mn (-48.1% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 1,230 mn (-34.8% YoY).
- Due to the postponement of the large-scale projects’ commencements, rental volumes fell short of initial expectations.
- Additionally, due to delays in the delivery schedule of sales and OPE-MANE projects, the net sales saw only a slight increase.
Industrials take sector lead in 2025 net institutional inflow
- Institutions were net buyers of Singapore stocks, with a net inflow of S$94 million from Jul 4 to 10.
- Industrials sector led 2025 net institutional inflows, booking S$629 million, surpassing telecommunications sector by Jul 10.
- UOB led share buybacks with S$35.4 million, while Hongkong Land Holdings repurchased 946,000 shares at US$6.23 each.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
