The “JPX Startup 100 Index” is a stock price index calculated and published by JPX Market Innovation & Research, Inc. It comprises 100 of Japan’s leading high-growth startups.

The index includes companies listed on the Tokyo Stock Exchange (TSE) Growth Market, as well as those that have recently transitioned from the Growth Market. Selection is based on two key metrics designed to measure startup potential: (1) revenue growth rate and (2) market capitalization growth rate.

The defining characteristic of this index is its focus on “growth potential” rather than mere company size. By being selected, we expect to gain increased visibility among institutional investors who specialize in small- and mid-cap stocks.

Furthermore, as the index is adopted for financial products such as ETFs and investment trusts, it will generate “mechanical” buying demand through passive management. This is expected to improve share price stability and market liquidity, providing a stronger foundation for more favorable future financing.