PowerX Selected for Inclusion in TOPIX (Tokyo Stock Price Index)

TOKYO, JAPAN --- PowerX, Inc. (Head Office: Tamano City, Okayama Prefecture; Director, President and CEO: Masahiro Ito; Securities Code: 485A) hereby announces that its shares have been selected for inclusion in TOPIX (Tokyo Stock Price Index), calculated by JPX Market Innovation & Research, Inc. Inclusion in the index is scheduled for October 30, 2026.

JPX Market Innovation & Research, Inc. is revising TOPIX to improve market functionality and enhance the index’s appeal as an investment benchmark. The revisions will shift the index from a composition tied to market segments, such as the Prime Market, to one in which constituents are selected across all market segments under a new methodology based on criteria including liquidity and free-float adjusted market capitalization.

As part of these revisions, PowerX’s shares have been selected for inclusion in TOPIX after meeting quantitative criteria relating to liquidity, free-float adjusted market capitalization and other factors.

PowerX will continue to pursue sustainable growth and enhance corporate value over the medium to long term. It will also promote management practices that take into account capital efficiency and share liquidity, while striving to meet investors’ expectations through its business activities.

This inclusion will have no direct impact on PowerX’s financial results for the current fiscal year.

■Reference
Details of the TOPIX revisions (Japan Exchange Group):
https://www.jpx.co.jp/english/markets/indices/revisions-indices/index.html

^{This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.}