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ISTOXX INDICES

iSTOXX MUTB Japan Market Share Leaders

Index Description

The iSTOXX MUTB Japan Market Share Leaders Index tracks the performance of at least 30 Japanese securities that have prominent positions in their area of operations. The securities are selected from the STOXX Japan 600 index, excluding REITs. FactSet Revere (RBICS) data is used to identify revenue exposure and market presence, helping select companies that are market share leaders.

Key facts

  • Index selects at least 30 Japanese securities from the STOXX Japan 600 Index
  • FactSet Revere (RBICS) data is used to identify market share leaders
  • The selected securities have high Market Share Score
  • Constituents are equal weighted

Descriptive Statistics

Index Market Cap (JPY bn) Components (JPY bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX MUTB Japan Market Share Leaders N/A 164.8 5.5 5.5 6.5 4.7 4.0 2.9 50.6
STOXX Japan 600 849,695.7 719,777.5 1,199.6 388.9 36,928.9 88.2 5.1 0.0 2.1

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
iSTOXX MUTB Japan Market Share Leaders 4.7 4.7 17.9 15.1 51.8 N/A N/A 17.9 4.8 8.7
STOXX Japan 600 7.8 7.8 29.2 40.3 63.4 N/A N/A 29.7 12.1 10.4
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX MUTB Japan Market Share Leaders N/A N/A 13.1 14.8 15.6 N/A N/A 1.0 0.2 0.5
STOXX Japan 600 N/A N/A 14.1 15.8 16.7 N/A N/A 1.6 0.6 0.6
Index to benchmark Correlation Tracking error (%)
iSTOXX MUTB Japan Market Share Leaders 0.9 0.9 0.9 0.9 0.9 5.8 5.8 6.1 6.1 6.4
Index to benchmark Beta Annualized information ratio
iSTOXX MUTB Japan Market Share Leaders 0.8 0.8 0.8 0.9 0.9 -5.9 -5.9 -1.7 -1.1 -0.3

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(JPY, Price), all data as of January 31, 2024

ISTOXX INDICES

iSTOXX MUTB Japan Market Share Leaders

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
iSTOXX MUTB Japan Market Share Leaders 18.2 16.1 17.5 17.5 1.6 1.7 1.2 19.7
STOXX Japan 600 16.2 15.7 14.9 14.9 1.5 2.2 1.0 28.3

Performance and annual returns

Methodology

The iSTOXX MUTB Japan Market Share Leaders Index tracks the performance of at least 30 Japanese securities that have prominent positions in their area of operations. The securities are selected from the STOXX Japan 600 index, excluding REITs. A Market Share Score (MSS) is calculated for the eligible securities to identify those with large market share in Japan.

The constituents of the STOXX Japan TMI are screened for their absolute revenues and their FactSet Revere (RBICS) Level 4 exposures. MSS is calculated for the securities by considering their absolute revenue in each L4 sector, and the ratio to the total L4 revenue in the market. The Market Share Score (MSS) is then mapped to the eligible securities, STOXX Japan 600 ex REITs. All companies with MSS score of 50% or higher are selected. If the number of constituents that meet this criterion is below 30, then 30 stocks with the highest MSS values are selected.

The index is reviewed on a semi-annual basis in June and December and rebalanced in March and September. Index constituents are assigned equal weights.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return JPY CH0564150529 IMJMSLYN IMJMSLYN INDEX .IMJMSLYN
Gross Return USD CH0564150446 IMJMSLGV .IMJMSLGV
Net Return USD CH0564150461 IMJMSLV .IMJMSLV
Price USD CH0564150511 IMJMSLL .IMJMSLL
Gross Return JPY CH0564150453 IMJMSLYG .IMJMSLYG
Price JPY CH0564150479 IMJMSLYP .IMJMSLYP
Gross Return EUR CH0564150503 IMJMSLGR .IMJMSLGR
Net Return EUR CH0564150495 IMJMSLR .IMJMSLR
Price EUR CH0564150487 IMJMSLP .IMJMSLP

Quick Facts

Weighting Equal Weighted
Cap Factor -
No. of components -
Review frequency Semi-annually in Jun. and Dec.
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 18:00:00
Base value/base date 100 as of Jun. 22, 2015
History Available since Jun. 22, 2015
Inception date Aug. 19, 2020
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

ISTOXX INDICES

iSTOXX MUTB Japan Market Share Leaders

Top 10 Components4

Company Supersector Country Weight
Nomura Holdings Inc. Financial Services Japan 3.973%
Nintendo Co. Ltd. Consumer Products and Services Japan 3.805%
Mitsui & Co. Ltd. Industrial Goods and Services Japan 3.641%
Mitsubishi Corp. Industrial Goods and Services Japan 3.545%
Glory Ltd. Industrial Goods and Services Japan 3.523%
Taiheiyo Cement Corp. Construction and Materials Japan 3.519%
Yamaha Motor Co. Ltd. Consumer Products and Services Japan 3.479%
Marubeni Corp. Industrial Goods and Services Japan 3.475%
FUKUYAMA TRANSP. Industrial Goods and Services Japan 3.468%
Fast Retailing Co. Ltd. Retail Japan 3.449%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of January 31, 2024