Net Protections

TOPIX Inclusion: Net Protections (7383 JP)

Event-Driven
233 Views, 11 Jan 2022 18:50
EXECUTIVE SUMMARY
  • Japan-Based Buy-Now-Pay-Later ("BNPL") service provider Net Protections (7383 JP) ("NPH") was listed in the First Section of the Tokyo Stock Exchange (TSE) on 15th December 2021.
  • When a company gets listed on the TSE First Section, it subsequently gets included in the TOPIX Index requiring TOPIX-tracking funds to purchase the stock during an Inclusion Event.
  • Usually, this presents interesting trading opportunities to generate sharp market-neutral returns in the space of few trading days. Below is a look at the details for NPH's Inclusion Event.
detail (4-minute read)
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Janaghan Jeyakumar, CFA
Equity Analyst, Event-driven
Quiddity Advisors
EquitiesEvent-Driven

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. On Smartkarm... 

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