The Collaborative Research Chair for Securities Investment at the Graduate School of Management of Kyoto University (hereinafter “Kyoto University”) and Tokyo Stock Exchange, Inc. (hereinafter “TSE”) have, since July 2018, been jointly conducting research to develop a new stock price index for the Japanese equity market, with the common goal of creating a new frontier forstock price indices.
Kyoto University and TSE hereby announce that Kyoto University Professor Emeritus Dr. Kawakita Hidetaka has applied for a Japanese patent for technology, etc. which will become the foundation of a new benchmark for Japanese equities inspired by the joint research with TSE. The new benchmark is aimed at market users who engage in long-term investment.
Kyoto University and TSE will continue to explore the feasibility of calculating a new index based on the technology, etc. subject to the patent examination, taking into account opinions from market participants.

【Reference】
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【Contact】
Information Services Department, Tokyo Stock Exchange, Inc.
Email：index*jpx.co.jp（Please change * to @.）

Collaborative Research Chair for SecuritiesInvestment, Graduate School of Management Kyoto University
Email： kawakita.hidetaka.2n*kyoto-u.ac.jp（Please change * to @.）