TOKYO, Aug 20 (Bernama-BUSINESS WIRE) — Kito Corporation, (TOKYO:6409) (head office: Yamanashi, Japan; president: Yoshio Kito) industrial hoist and crane manufacturer, pleased to announce that in the latest periodic review, Kito was added to the list of companies that make up the JPX-Nikkei Mid and Small Cap Index for fiscal 2019 (Aug. 30, 2019-Aug. 28, 2020) by the Tokyo Stock Exchange, Inc. and Nikkei Inc.
The index applies the concept of the JPX-Nikkei Index 400, comprised of highly attractive listed companies, to equities related to mid-sized and small-capital companies by selecting companies that focus on capital efficiency and investor-focused management perspectives.
