TOKYO — JPX Market Innovation & Research and Nikkei announced on Friday that they will replace 31 constituents in the JPX-Nikkei Index Human Capital 100, which highlights Japanese companies highly rated for their human capital strategies. Suzuki Motor will be added to the index, while Honda Motor will be removed. The changes will take effect from the Aug. 29 calculation.
The index, launched in July, has been undergoing its first annual review this month. Constituents are selected from the JPX-Nikkei Index 400 based on human capital scores calculated by Germany-based ESG Book as of the end of June. Additional factors, such as the growth rate of average annual salaries, are also considered.
Companies removed from the JPX-Nikkei Index 400 are automatically excluded from the human capital index. Full details of the updated constituents are available on the Nikkei indexes website.
