TOKYO — Nikkei and JPX Research Institute announced on Wednesday that supermarket operator Yaoko will be removed from the JPX-Nikkei Index 400 on Oct. 1, as the company shifts to a holding company structure.
Blue Zones Holdings, the new holding company to be listed on the Tokyo Stock Exchange the same day, will replace Yaoko as a constituent stock of the index.
On Sept. 29, when Yaoko is delisted, and Sept. 30, the index will be calculated using Yaoko’s final market capitalization as of Sept. 26.
