Nissan Chemical : Selected as a Constituent Stock of the JPX Prime 150 Index
June 31, 2023 at 09:06 pm
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J u n e 1, 2023
To whom it may concern
Selected as a Constituent Stock of the JPX Prime 150 Index
Nissan Chemical Corporation (Head Office: Chuo-ku, Tokyo; President: YAGI Shinsuke) announces that the company has been selected as a constituent stock of the JPX Prime 150 Index.
This index was developed by JPX Market Innovation & Research, Inc., as a new stock index that will be composed of stocks selected to represent "Japanese companies that are estimated to create value" among the top 500 stocks listed on TSE Prime Market by market capitalization based on two measures of value creation: Two measures are 1) equity spread (the difference between return on equity (ROE) and cost of equity and 2) PBR (a market valuation that factors in future information and non-financial information). The company was selected based on the equity spread criteria.
Please refer to the following website of Japan Exchange Group, Inc. for details of the JPX Prime 150 Index. https://www.jpx.co.jp/english/corporate/news/news-releases/0060/20230526-01.html
We will continue to maintain sustainable growth and uphold medium to long term increases in its corporate value.
Contact information for inquiries on the above
Nissan Chemical Corporation
Sustainability Promotion & IR Department
+81-3-4463-8404
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Nissan Chemical Corporation published this content on 01 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2023 01:05:09 UTC.
Nissan Chemical Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows:
- performance materials (30.2%): polyimide resins, colloids, silicas, inorganic materials, etc. for the manufacturng of electronic products (semiconductors, LCD displays, etc.);
- agrochemical products (25.1%): insecticides (Sanmite, Starmite, Mito-Kohne, Leimay and Ikaruga brands), herbicides (Roundup, Targa, Sirius and Permit), fertilizers, etc.;
- basic chemicals and fine chemicals (11.3%): melamine, sulfuric acid, nitric acid, ammonia, etc.;
- pharmaceutical products (2.9%): primarily for treatment of angina, hypertension, cholesterol, etc.;
- other (25.8%).
The remaining sales (25.8%) are from the chemicals trading activity.
Net sales break down geographically as follows: Japan (47.7%), China (14.5%), Korea (10.3%), Asia (13.8%), Europe and the United States (13.7%).
NISSAN CHEMICAL CORPORATION 
