IPOX® Japan Index (IPJP)

The IPOX® Japan Index is an applied market cap-weighted index measuring the performance of the top Japan domiciled companies ranked quarterly in the IPOX® Global Composite Index, subject to defined liquidity and exposure criteria. The IPOX® Japan Index has historically captured ca. 95% of total market cap created through New Listings by Japan-domiciled firms over the past four years, respectively.

View Factsheet

Key features of the IPOX® Japan Index include:

  • Long-Term Performance: Over the last few years, the IPOX® Japan Index has outperformed the TSE Growth Market 250 (Mothers) Index, highlighting the IPOX® Japan Index's superior performance and resilience.

  • Comprehensive Exposure: Captures nearly all significant IPO and spin-off activity in Japan over the past four years, ensuring broad exposure to the new listings market.

  • Proprietary Index Technology: Utilizes IPOX®'s proven and proprietary index technology to select the 40 largest and most liquid recent IPOs and spin-offs from the IPOX® Global Composite Index.

  • Market-Cap Weighting: Employs a market-cap weighting scheme to ensure diversified exposure across various sectors.

  • Quarterly Rebalancing: Rebalances on a quarterly basis to maintain focus on new listings and IPO M&A corporate actions

Data as of October 1, 2025

The Japanese Market in Focus

Japan’s innovation economy is strongly reflected in the IPOX® Japan Index, with a significant presence from the technology sector, including leaders in semiconductor equipment, memory production, IT services, and enterprise software. These firms exemplify Japan’s continued strength in electronics and digital infrastructure.

Financial services are equally prominent, spanning telecommunications-linked investment groups, major banking institutions, insurance providers, and emerging digital banking platforms — highlighting both the scale and adaptability of the sector.

Beyond tech and finance, the index features a broad mix of industries such as pharmaceuticals, retail, scientific instrumentation, entertainment, and environmental services. This breadth underscores the depth and diversity of Japan’s corporate landscape across new listings and IPO-driven activity.

For investors seeking to participate in the growth of Japan's "New Generation" of public companies, the IPOX® Japan Index provides a unique, one-stop solution. Contact info@ipox.com to learn more about licensing and sub-advisory opportunities to gain exposure to the most promising new listings in the Japanese market.