Nikkei 225 to alter price-adjustment factor for Mitsubishi Logistics

Nikkei 225 to alter price-adjustment factor for Mitsubishi Logistics Nikkei 225 to alter price-adjustment factor for Mitsubishi Logistics

TOKYO — Nikkei said on Thursday that it will change the price-adjustment factor applied to the shares of Mitsubishi Logistics in calculating the Nikkei Stock Average, or Nikkei 225, due to the stock split planned by the company.

The price-adjustment factor for Mitsubishi Logistics will be changed on Oct. 30 from the current 0.5 to 2.5, as the company plans to split its shares into five. Since the price level of the Nikkei 225’s constituent issues will remain the same, the divisor will not be affected.

For more details, please visit the Nikkei indexes website.